Morrisons is bringing back the Safeway brand for a wholesale range and opening ten new convenience stores November 22, 2016 Morrisons is bringing back the Safeway brand, the supermarket announced today, as well as launching a new convenience store offering. The Safeway brand is to be revived as a range for wholesale to independent retailers – Morrisons said the re-introduction of the brand will enable it to "leverage its sourcing and unique food maker skills to [...]
Strikes over pension cuts are set to hit the drinks giant leading up to Christmas November 21, 2016 Strikes are set to hit Diageo in the weeks up to Christmas. Workers at the global drinks giant voted for industrial action over cuts to their pensions, the GMB union said. The employees work in Diageo's Scottish operations, including bottling plants at Leven and Shieldhall and distilleries across the country. The company had been reviewing the pension [...]
JD Sports is opening another megastore on Oxford Street November 21, 2016 JD Sports is opening another megastore on Oxford Street just in time for the busy Christmas period. The 16,000 sq ft store will open at the West One shopping centre on 10 December and is the brand's second shop on Oxford Street. JD Sports said the new store will create 125 jobs. The sports retailer is [...]
Strutt & Parker Research names six real estate trends making their way to the UK from across the pond November 21, 2016 The Coffice If don’t fancy signing an office lease but dread the local coffee house guilt, then perhaps a coffice visit is in your future? Using an app on your phone, reserve dedicated workspace at the local coffee shop that has designated office space built-in. It is cheaper than a co-working space contract, but a [...]
Black Friday 2016: Here are the best deals available on Amazon today November 21, 2016 Black Friday is no longer just a day – it has evolved into a week of deals. Today is no exception: and if you think "there's never anything for me in the deals", think again. Spending is expected to hit £2bn this year as online retailers discount items left, right and centre. Here's what you can get [...]
Everyman Cinemas cautions over year-end trading as this year’s blockbusters fail to impress November 21, 2016 As 2016's year-end blockbuster hits look unlikely to match the ticket sales of last year's, Everyman Cinemas expects sales to be down. The boutique cinema owner, which is listed on London's Alternative Investment Market (Aim), has cautioned over year-end trading in light of uncertainty in the months ahead. Last year, films like James Bond's Spectre and Star Wars: The Force Awakens [...]
The Titanic’s grade II-listed London ticket office has been turned into £5m luxury apartments November 21, 2016 Got £5m burning a hole in your pocket and an interest in gruesome maritime history? This might be for you: a developer has just unveiled a block of luxury flats in the building where the Titanic's ticket office was located. Grade II-listed Oceanic House, in Trafalgar Square, has been redeveloped into six luxury apartments, including [...]
The average British consumer will spend almost half their monthly salary on Christmas, and many won’t pay off debts until March November 21, 2016 By March, Christmas is the last thing on your mind. But one in five British consumers are still paying off Christmas gifts three months or more down the line. The average shopper is set to spend almost half their monthly pay on Christmas, and 6 per cent will spend in excess of a month's salary, a new study [...]
Holiday shoppers are undeterred by the referendum result, but they choose deals over brand loyalty November 20, 2016 Black Friday sales are cropping up all around the UK, but while holiday shopping is set to be strong this year, the major discounting event might not be as profitable for retailers as what comes next. Nearly 40 per cent of shoppers are waiting for the best discounts to come after Christmas and New Year, [...]
Former Centrica boss Sam Laidlaw closing in on North Sea takeover November 20, 2016 A former Centrica chief executive is believed to be in pole position to snap up one of the largest operators in the North Sea. Sam Laidlaw’s investment vehicle, Neptune Oil & Gas, is in advanced talks to acquire Engie’s controlling stake in the $4bn-valued (£3.2bn) production arm. Engie, the French state utility formerly named GDF [...]