Lidl set to open 38-acre warehouse in Leeds September 17, 2018 Budget supermarket Lidl has announced it will open a new, 38-acre warehouse site in Gildersome, Leeds, as part of its plans for long-term expansion. The new location will operate as a regional distribution centre for the company, and is expected to create around 500 jobs. Lidl is currently undertaking a £1.45bn expansion, with 16 distribution [...]
Lidl set to open 38-acre warehouse in Leeds September 17, 2018 Budget supermarket Lidl has announced it will open a new, 38-acre warehouse site in Gildersome, Leeds, as part of its plans for long-term expansion. The new location will operate as a regional distribution centre for the company, and is expected to create around 500 jobs. Lidl is currently undertaking a £1.45bn expansion, with 16 distribution [...]
Morrisons recovery continues September 13, 2018 Morrisons shares are lower today despite the company reporting a strong set of first-half figures. Same-store-sales for the six-month period jumped by 4.9% and second-quarter sales jumped by 6.3% – a nine year high. Stripping out one-off adjustments, profit increased by 9% to £193 million. When you factor in debt restructuring costs and charges relating [...]
Morrisons recovery continues September 13, 2018 Morrisons shares are lower today despite the company reporting a strong set of first-half figures. Same-store-sales for the six-month period jumped by 4.9% and second-quarter sales jumped by 6.3% – a nine year high. Stripping out one-off adjustments, profit increased by 9% to £193 million. When you factor in debt restructuring costs and charges relating [...]
Slaughter and May hires former Serious Fraud Office head David Green as senior consultant September 11, 2018 The former head of the Serious Fraud Office, David Green, has confirmed his move to magic circle firm Slaughter and May after months of speculation. Green left the government agency in April this year after six years at the helm and was replaced by former FBI lawyer Lisa Osofsky. Slaughter and May said Green [...]
Tesco set to launch discount store brand next week September 11, 2018 Supermarket chain Tesco is set to launch a new discount store format next week in a bid to compete with German rivals Aldi and Lidl. The UK's biggest supermarket advertised recruitment for retail assistants, customer service assistants and manager roles for a new store format in Chatteris, Cambridgeshire, earlier this year. Read more: Jamie Oliver joins up with Tesco with [...]
Jamie Oliver joins up with Tesco with new healthy recipe remit September 10, 2018 Chef Jamie Oliver has entered into a partnership with supermarket giant Tesco, seven years after leaving an 11-year advertising gig with rival Sainsbury's that saw him earn over £10m. The chef and best-selling author, whose fee has not been disclosed, is producing recipes and healthy eating tips for Tesco, aiming to “change eating habits”. “I’m [...]
Asda ends price guarantee scheme as it eyes lower prices after Sainsbury’s merger September 6, 2018 Asda has joined the rest of the big four in ending a price guarantee initiative, saying it is "less relevant" to customers. The tool will be available until 3 October this year, and customers will still be able to redeem their vouchers for 28 days from the date they receive them. The grocer's chief customer [...]
Marston’s appoints Lazard’s UK CEO as its new chairman September 6, 2018 The UK boss of financial adviser Lazard is headed to the pub with a new job as chairman of Marston's. William Rucker will take on the position from the beginning of next month, taking over from interim chair and Tesco veteran Carolyn Bradley. He has been chief executive of Lazard in the UK since 2004. He has previously [...]
Berry Bros & Rudd boss Dan Jago interview: Uncorking Britain’s oldest wine merchant September 3, 2018 The flagship shop of Berry Brothers & Rudd has remained unchanged for over 300 years. Famous customers, from Byron to Churchill, have stepped through the doorway and left St James’s Street behind for a wood-panelled room replete with bottles of top-notch plonk. In the back room, one of the walls has been repurposed after previously [...]