Asda to launch click and collect in tube stations November 19, 2013 CUSTOMERS at Asda will be able to collect their weekly shops at London underground stations under plans announced today by the Walmart-owned supermarket chain. The company said it has struck a deal with Transport for London to open an initial six click and collect hubs at East Finchley, Wealdstone, High Barnet, Highgate, Stanmore, Harrow and [...]
Business bosses call for end to dithering on new runway plan November 19, 2013 DISGRUNTLED bosses have urged politicians to end their prolonged “dithering” on expanding Britain’s airports or face losing business to countries willing to allow more runways. More than a hundred corporate heads and business groups have signed the campaign to “Let Britain Fly”, which is backed by London First, the British Chambers of Commerce and the [...]
Calls grow for tax cut policies November 18, 2013 CALLS for tax cuts are building as the British economy finally starts to recover from years of stagnation, with politicians and business groups arguing that the time is now right to trim back the tax system. Deputy Prime Minister Nick Clegg said yesterday morning that he wants to push the coalition government’s income tax cuts [...]
Family finances show signs of stabilising: Asda November 17, 2013 FAMILY finances are beginning to show signs of stabilisation after months of wild fluctuations, according to Asda’s latest Income Tracker. The grocery chain’s Income Tracker monitors the changes in the amount of disposable income the average UK family has to spend. Households are no better off than they were last year, but their finances are [...]
Retail still struggling to drive footfall despite British growth November 17, 2013 HIGH streets are still recording declining footfall, with little boost from the robust economic growth recorded for the second and third quarters of the year. Footfall in October was down 2.9 per cent across the sector, compared to the same month in 2012, according to data released today by Springboard and the British Retail Consortium [...]
Housing market cools for winter but price growth beating wages November 17, 2013 HOUSE prices this month are still up four per cent on November last year, despite a small seasonal dip from October. According to Rightmove’s latest house price index, London prices are up by 6.9 per cent in the same period. In the year to September, average weekly earnings only rose by 0.8 per cent. Between [...]
Asda promises to invest £1bn in lower prices November 14, 2013 ASDA pledged yesterday to invest £1bn in lowering prices of some of its products over the next five years and expand its UK presence, as the supermarket reported a slowdown in third quarter sales. The Walmart-owned group, which is vying with Sainsbury’s to be the UK’s second largest supermarket, said the move will help it [...]
Sainsbury’s has sales boom to outpace rivals November 13, 2013 SHARES in Sainsbury’s rose three per cent yesterday, making it the biggest riser in the FTSE 100, after the supermarket chain posted a surge in half-year sales and profits. Sainsbury’s is the only one of the big four supermarkets to be growing its market share, with data from Nielsen last month confirming that it had [...]
Bottom Line: Christmas comes early for King November 13, 2013 THEY say good things come to those who wait. Yesterday, almost a week after rival retailers Marks & Spencer, John Lewis and Morrisons released their Christmas adverts, the UK’s fastest growing supermarket revealed its own tear-jerker – a three-and-a-half minute mini-film that aired during last night’s Coronation Street. The film, which shows clips of ordinary [...]
Sainsbury’s to take Tesco ad fight to court October 29, 2013 J SAINSBURY has announced it is to take Tesco to court to seek a judicial review, after the UK’s advertising watchdog twice rejected the retailer’s complaint against Tesco’s price comparison campaign. Tesco’s Price Promise scheme, launched in March, compares the cost of thousands of own-branded products against Asda, Morrisons and Sainsbury’s and offers a money-off [...]