Sainsbury’s boss: Brits don’t have time to bargain hunt with rivals December 17, 2023 The chief executive of Sainsbury’s has said that customers are shunning the likes of Aldi and Lidl in favour of ‘Big Four’ grocers, as a return to the office and a resulting lack of time has left them unable to shop around for deals. In an interview with The Telegraph, Simon Roberts said that the [...]
Italy topples Bulgaria to offer Europe’s lowest ski-resort prices December 16, 2023 Bulgaria has lost its position as Europe’s cheapest ski destination for UK tourists, according to a new report.
Brits quit clubbing and booze in fresh blow for late night traders December 14, 2023 Brits are drinking and spending less on a night out, a new report has revealed, as conscious clubbers ditch the booze to protect their pockets and health. When partygoers hit the town they spent an average of £73.19 on a night out, 2.1 per cent less than they did a year ago, a study by [...]
Currys UK earnings slump amid cost of living crisis December 14, 2023 Electronic goods retailer Currys has recorded a 40 per cent drop in earnings before interest and tax (EBIT) in its UK and Ireland arm.
Oxford Street revival to ‘peak’ next year as West End recovers from candy store scourge December 12, 2023 Sam Foyle, director of retail at Savills said that everyone has been looking at the street “really positively” and there are currently 15 deals from businesses under offer at the moment.
Supermarket sales slide before Christmas as Brits buy food and put off big ticket items December 12, 2023 Sales of general merchandise fell by seven per cent year-on-year in the four weeks to 2 December, as Brits put off spending before cashing in on sales promotions in the run up to Christmas. Total till sales growth at UK supermarkets slowed to six per cent in the last four weeks, according to the latest [...]
Various Eateries to capitalise on ‘reduced competition’ in casual dining market December 6, 2023 The business behind restaurants Coppa Club and Noci, Various Eateries, is looking to ramp up the rollout of both sites as it looks to capitalise on "reduced competition" in the casual dining market.
Brits to cough up an £100 extra on festive treats this Christmas December 5, 2023 Cash-conscious Brits are loosening their purse strings in the run-up to Christmas as they prepare to spend an extra £100 on festive food and activities.
Hospitality sector to create 700,000 jobs over festive season, research finds December 4, 2023 Around 700,000 jobs are expected to be created in the hospitality industry over the festive season, new research suggests. Around half of companies in the sector are hiring staff for the busy next few weeks, with an average of eight each, according to recruitment site Caterer.com. Kathy Dyball, director at Caterer.com, said: “Despite the cost-of-living [...]
London high streets get pre-Christmas boost December 1, 2023 The number of people hitting the high street in London grew in November, according to the latest footfall statistics, as the capital gears up for a much needed festive boost. A new reading from the British Retail Consortium (BRC) shows that footfall in London reached -0.4 per cent in November down from -2.9 per cent [...]