Exclusive: Sky to open first retail stores as it takes on high street rivals August 28, 2020 Sky is set to open its first ever brick-and-mortar retail stores in the UK as the broadcaster and telecoms giant defies faltering footfall to turn up the heat on its rivals. The media group is poised to open its first outlets in the coming months, providing a physical point of sale for its mobile, TV [...]
Waitrose launches Deliveroo trial as Ocado partnership ends August 28, 2020 Waitrose has launched a partnership with Deliveroo as its deal with online supermarket Ocado comes to an end. The grocer said that more than 500 products will be available to order through Deliveroo as part of an initial 12 week trial. Customers will be able to order from stores in Bracknell and Clifton from Tuesday, [...]
Gap posts surprise jump in sales as online business doubles August 28, 2020 Fashion retailer Gap posted a surprise jump in quarterly sales as its online business almost doubled due to consumers buying comfortable “stay at home” clothes during the coronavirus pandemic. The US firm said same-store sales were up 13 per cent in the second quarter, compared to analysts’ forecast of a 20.97 per cent drop. The [...]
Pret a Manger to axe 2,800 jobs as sales fall to lowest level in a decade August 27, 2020 High street stalwart Pret a Manger said today that it would cut 2,800 jobs as a result of the coronavirus pandemic, which has seen sales drop to levels last seen a decade ago. The announcement comes after Pret earlier this year revealed that it would not reopen 30 of its restaurants after the lockdown ended. [...]
Brewdog’s Aldi IPA to go on sale as soon as October August 27, 2020 Brewdog has confirmed it will sell its ALD IPA in Aldi stores as soon as October after the budget supermarket ripped off the craft brewery firm’s signature beer. Aldi launched a beer named Anti-Establishment IPA, with a striking similarity to Brewdog’s flagship Punk IPA. In response the brewery joked on Twitter that it could launch [...]
Brewdog to plant 1m trees in £30m ambition to be carbon negative August 27, 2020 Craft beer company Brewdog has bought 2,000 acres of Scottish highland to plant 1m trees, with the ambition to remove twice as much carbon from the air than it emits each year. The Scottish brewery will create 1,400 acres of woodland and 650 acres of peatland restoration, with work expected to start early next year. [...]
Exclusive: Bust burrito chain Chilango sold out of administration August 27, 2020 Burrito chain Chilango has today been sold out of administration after the Covid-19 pandemic finished off the already struggling business, City A.M. can reveal. The Mexican-themed fast-food chain told investors today that administrators RSM had secured a buyer for the business. RSM confirmed this afternoon the the chain had been sold to Investment group RD [...]
Deliveroo launches Eat In to Help Out discount for September August 27, 2020 Deliveroo has launched an Eat In to Help Out offer for September as the government’s dine-in discount scheme comes to an end this month. The food delivery firm will offer customers £5 off orders on Monday to Wednesday next month in a bid to support local restaurants. Deliveroo will fund the discount for the more [...]
Gambling body cracks down on underage ad exposure August 27, 2020 The betting standards body has unveiled new measures to prevent under-18s from seeing gambling adverts online. The Betting and Gaming Council (BGC), which represents the regulated betting industry excluding the National Lottery, unveiled the crackdown just a day after the advertising regulator revealed that gambling, alcohol and tobacco brands were targeting children. As part of [...]
The Works swings to a loss but hails strong post-lockdown trading August 27, 2020 The Works swung to a loss in the last financial year due to the impact of the coronavirus crisis, but the retailer said trading had been well ahead of expectations after stores reopened. The figures The Works posted a loss of £18m for the year ended 26 April, down from a profit of 2.3m the [...]