Aldi to extend click and collect to 200 stores ahead of Christmas November 9, 2020 Aldi has announced that it will extend its click and collect trial to more than 200 stores by Christmas as the budget supermarket seeks to capitalise on the boom in demand for online shopping. The German discounter launched the service from one Midlands store in September, before rolling it out to a further 17 branches [...]
Deliveroo taps JP Morgan as it steps up London float preparations November 3, 2020 Deliveroo is said to have appointed bankers at JP Morgan as it steps up preparations for an initial public offering in London next year. The food delivery app has added the Wall Street bank to its line-up of advisers alongside Goldman Sachs, Sky News reported. Deliveroo, which was founded in 2013 by Will Shu, is [...]
Sainsbury’s launches partnership with Deliveroo October 30, 2020 Sainsbury’s has launched a trial with Deliveroo in the latest partnership for the delivery app, which has seen demand for groceries soar during the coronavirus pandemic. The supermarket will offer the on-demand delivery service from its North End Crescent convenience story in Hammersmith, before expanding the trial to a further nine branches across the UK [...]
Brewdog targets £50m investment after beating initial funding goal October 27, 2020 Brewdog has set its sights on raising £50m by January in its last equity crowdfunding effort, after hitting its initial target of £7.5m in just six weeks. The craft brewer and bar operator launched its Equity for Punks Tomorrow programme on 10 September, reaching £1m in less than 48 hours. The money raised in this [...]
Deliveroo appoints Goldman Sachs to oversee London float October 5, 2020 Deliveroo has appointed Goldman Sachs to oversee its long-awaited London flotation, according to reports, in a move that would value the UK food delivery company at more than £2bn. The Amazon-backed startup is expected to debut on the London stock market next year following discussions with the investment banking firm, Sky News reported. Deliveroo declined [...]
Coronavirus: Supermarkets ramp up online services amid second wave fears September 28, 2020 Supermarkets are ramping up their online delivery services amid fears over a second wave of coronavirus, after demand outpaced capacity during the UK-wide lockdown this summer. Demand for home deliveries has recently spiked again over concerns that the government will impose stricter lockdown rules as coronavirus cases have surged. It was reported today that London [...]
Aldi to create 4,000 jobs in £1.3bn UK investment as profits soar September 28, 2020 Aldi’s has announced plans to invest £1.3bn in the UK over the next two years as it reported a 49 per cent increase in profit for 2019. The German discount supermarket said it would open 100 new stores in the UK in 2020 and 2021, sticking to its target of 1,200 stores by 2025. Aldi, [...]
Supermarkets reinstate rationing amid new Covid-19 restrictions September 25, 2020 British supermarkets have reinstated rationing on essential products after the UK was plunged back into fresh coronavirus restrictions. Morrisons yesterday became the first major supermarket to roll out new measures, saying it would limit purchases of products such as toilet roll and disinfectant to three per customer. The company said it had sufficient stock levels [...]
Asda to ‘Covid-proof’ trolleys and hire 1,000 safety marshals September 23, 2020 Asda has revealed a new investment plan to make its supermarkets Covid-secure, including the use of technology found in NHS coronavirus hospitals. The supermarket giant said it would appoint 1,000 new safety marshals stationed outside doors and in aisles, to make sure customers are wearing masks and maintaining a social distance from other shoppers. It [...]
Tesco boss warns against panic buying after new virus restrictions September 23, 2020 Tesco chief executive Dave Lewis has said there is no need for customers to be panic buying groceries, following new restrictions imposed across the UK to combat a second wave of coronavirus infections. Images have been shared on social media of supermarket shelves stripped of food staples such as pasta and flour, bringing back memories [...]