Sainsbury’s reports £1bn group sales over Christmas week as sales edge up January 11, 2017 Sainsbury’s enjoyed a record Christmas week with over £1bn in sales across the group, with quarterly sales managing to edge up after analysts expected further contraction. The figures Like-for-like retail sales excluding fuel grew by 0.1 per cent over the third quarter of its trading year, and total retail sales grew by 0.8 per cent [...]
Spotify’s “Thanks 2016” campaign cues it up for a prosperous New Year January 11, 2017 In late November, streaming service Spotify launched a global advertising campaign under the banner “Thanks 2016: It’s been weird”. The campaign reflects on a turbulent 2016 by gently poking fun at the dubious streaming history of some of its users. One such example was the ad that featured on one of its UK billboards: “Dear 3,749 [...]
Gatwick’s airlines are swapping terminals: Here’s where easyJet, British Airways and Virgin Atlantic will be flying from January 10, 2017 Those heading to Gatwick Airport in the near future will want to double check which terminal they need. A mass airline merry-go-round is taking place this month, affecting thousands of passengers. EasyJet will move to the North Terminal from 24 January, while British Airways and Virgin Atlantic are swapping terminals – BA will move to the South [...]
British Airways cabin crew start 48-hour strike at Heathrow January 10, 2017 A two-day strike by some of British Airways' cabin staff may cause disruption at Heathrow today and tomorrow, though the airline has put contingency plans in place. The strike, by 2,900 members of the Unite trade union, is over a pay dispute for members of the mixed fleet. They are workers recruited since 2011 and [...]
Five ways your drinking habits will change in 2017: Majestic Wine sets its predictions for the year ahead January 10, 2017 Announcing a Christmas season that pushed sales up 15.3 per cent, booze retailer Majestic Wine took the opportunity to polish up its crystal ball and make industry predictions for the year ahead…. 1. We'll start choosing English sparkling wine over champagne In 2016 UK winemakers experienced an exceptional harvest thanks to perfectly timed weather patterns, leading the industry to believe this year's [...]
Supermarkets are leading the FTSE 100 after Morrisons’ stellar results January 10, 2017 Supermarkets are leading the FTSE 100 risers today after positive data on the sector's sales over Christmas – and a strong update from Morrisons. Morrisons' share price was up 3.64 per cent at time of writing after the Bradford-based grocer reported a 2.9 per cent jump in like-for-like sales for the nine weeks to 1 [...]
Post Office is cutting 300 jobs as it ditches 37 offices January 10, 2017 The Post Office may cut as many as 300 jobs as it closes or franchises 37 of its offices. The Communication Workers Union said the job losses will include 127 financial specialist roles. In a statement today the Post Office said it is seeking partners for 37 branches, in addition to 93 it previously announced. “We’re [...]
Morrisons reported strong Christmas trading numbers this morning – here are the best reactions January 10, 2017 Morrisons is having a lovely morning, with shares up four per cent on news that the supermarket's sales growth over the Christmas period was at its strongest for seven years. The group reported a 2.9 per cent jump in like-for-like sales excluding fuel, and said Morrisons.com had achieved its biggest ever week for sales in [...]
Majestic Wine feels the festive cheer as Christmas trading grows to record high January 10, 2017 A small downward revision in profit expectations was not enough to dampen the festive cheer for Majestic Wine, as the alcohol retailer announced sales during the vital Christmas period up year on year. Shares jumped by more than five per cent on Tuesday morning before paring to just below a three per cent gain at [...]
Supermarkets had a record Christmas – but prices are rising January 10, 2017 Supermarkets had a record Christmas period in 2016, with sales growing at their fastest rate since June 2014, but prices are finally starting to rise following the Brexit vote. The latest figures from Kantar Woldpanel show that sales were up 1.8 per cent for the 12 weeks ending 1 January. Consumers spent nearly half a billion pounds [...]