Greencore profits up as firm emerges from “difficult period” November 30, 2021 In the year ending 24 September, Irish food manufacturer Greencore registered a 4.8 per cent growth in revenue, going up to £1.3bn. The growth – driven by returns in the food to go and convenience categories in the second half – helped the group emerge from a particularly difficult first half of the year, when [...]
Marston’s revenue sinks as ‘worst of pandemic now behind us’ November 30, 2021 Pub company Marston’s reported depleted revenue for the financial year but said trading momentum had rebuilt since the easing of lockdown measures. Total pub revenue for the year was £402m, down 22 per cent on last year, which the operator said was a result of Covid trading disruptions. Andrew Andrea, CEO said: “While there are [...]
Post-Brexit vote of confidence: Europe’s largest chain of orthodontic clinics opens first branch in London in UK push November 30, 2021 Impress, Europe’s largest chains of orthodontic clinics, confirmed this morning it will open a clinic in London tomorrow, which will be part of ambitious plans to expand its operations into the UK. The company plans to open clinics in Leeds, Liverpool and Leeds in the next few months. Located at 54 Brushfield Street in Spitalfields, the new [...]
Topps Tiles reports soaring retail sales thanks to new products November 30, 2021 Topps Tiles has declared a record year of revenue despite lockdown restrictions earlier this year. In results for the 53 weeks ended 2 October, the group posted retail like-for-like sales up 19.6 per cent. “We believe this performance underlines the strength of our strategy and the success of new initiatives including the expansion of our [...]
Shop staff wary of abuse as mandatory mask rules return November 29, 2021 Retail voices have said shop staff must not be expected to be put in harm’s way as compulsory mask rules make a return tomorrow. Londoners will be legally required to wear a mask in shops and on public transport once more from tomorrow, in a bid to prevent the spread of the new Omicron Covid [...]
Cyber Monday ‘huge success’ for retailers as payments up compared to lockdown shopping November 29, 2021 Cyber Monday was deemed a big win for retailers after the volume of payments increased compared to last year’s shopping bonanza. The volume of payments rose 16.7 per cent compared to the same period on Cyber Monday 2020, according to live data from Barclaycard Payments. So far today, there has been a 4.5 per cent [...]
Central London only slightly busier amid Black Friday sales November 29, 2021 Central London was only ever so slightly busier thanks to Black Friday deals last week as retail chiefs noted fewer shoppers than pre-pandemic levels. Central London saw a 2.3 per cent boost to footfall week on week for the week beginning 21 November. Footfall in the area was down 22.3 per cent on 2019 levels, [...]
Brits’ ski trips re-routed to French entry-points following fresh Swiss restrictions November 29, 2021 Brits may have to skip the slopes this year, as holidays firms begin to re-route or cancel Christmas trips to the Alps amid fresh travel restrictions. The uncertainty has bloomed as a result of a new Covid-19 variant known as Omicron, which has prompted Switzerland to force Brits entering the country to quarantine for 10 [...]
Asda sales dip as supermarket charters cargo ship to ensure Christmas stock availability November 29, 2021 Asda has reported a fall in underlying quarterly sales as it said it chartered its own cargo ship to ensure Christmas decorations and toys make it to UK shelves. The supermarket, owned by the billionaire Issa brothers and private equity firm TDR Capital, said like-for-like sales, excluding fuel, fell 0.7 per cent year-on-year in the [...]
Travelodge revenue boosted by staycations despite drop in ‘white collar demand’ November 29, 2021 Travelodge has reported buoyant third quarter results thanks to staycations helping to offset subdued corporate demand. Total revenue for the quarter ended 30 September was up 9.9 per cent compared to 2019, hitting £229.5m. Revenue per available room (RevPAR) rose 11.8 per cent to £53.54, compared to £47.89 in 2019. The budget hotel chain saw [...]