‘His pledge is in tatters’: Khan slammed over tube strikes as London faces £62m hit October 2, 2023 Greater London Authority’s Conservatives have slammed Sadiq Khan ahead of fresh disruption on London’s tube network this week, as the mayor’s commitment to halting industrial action during his tenure comes back to haunt him. “Sadiq Khan pledged that there would be zero strikes under his mayoralty but he has the worst strikes record of any [...]
Tourism tax: Heathrow sees rise in Chinese visitors — but they are not splashing the cash October 2, 2023 Chinese visitors have returned to numbers close to those before the pandemic — but they are not spending like they used to. Heathrow has reported that Chinese visitor numbers were at 88 per cent of 2019 levels in July, but the airport said their spending at its shops was only 33 per cent of what [...]
Sharon White: What went wrong at John Lewis — and who might pick up the pieces? October 2, 2023 Appointed with no retail experience, Sharon White's time at the top of John Lewis will come to an end after just five years
Predictions of death of the high street ‘overstated’, says John Lewis October 2, 2023 Predictions of the death of the high street have been “overstated”, John Lewis has said, as it announced its proportion of sales being made online has fallen and store visits are up.
Victoria Plum sold in pre-pack administration deal to owner of Beds.co.uk October 1, 2023 The owner of Beds.co.uk and furniture seller Cox & Cox has reportedly snapped up Victoria Plum, one of the UKs biggest online bathroom retailers.
China: Manufacturing activity returns to expansion amid hopes economy is stabilising September 30, 2023 China's factory activity expanded for the first time in six months in September, an official survey showed on Saturday, adding to a run of indicators suggesting the world's second-largest economy has begun to bottom out.
Eurozone inflation falls to lowest level in two years in sign the ECB’s rate hikes worked September 29, 2023 Inflation in the euro zone fell to its lowest level in two years in September, suggesting the European Central Bank's steady diet of interest rate hikes was succeeding in curbing runaway prices albeit at a growing cost for economic growth.
Case Study KoPack September 28, 2023 KoPack Pioneers Reusable E-commerce Boxes Made By Corplex Currently, e-commerce is flourishing. E-commerce has increased tenfold in the past 10 years and now represents more than 7% of all sales in Spain due to the pace of life and the Covid-19 issue, which have forced individuals to choose less conventional purchase options. A crucial concern [...]
Pepco: British Poundland veteran parachuted in to save struggling European wing September 28, 2023 A retail veteran, who was instrumental in driving UK growth for budget outlet Poundland, has been reshuffled by Pepco to head up its struggling European division. The move comes as the arm posted its second profit warning in three weeks. Barry Williams, who served as managing director of Poundland and Dealz, in the UK and [...]
Snap to close new augmented reality division after launching in March September 27, 2023 Snap announced today that it is shutting down its augmented reality services division just months after it launched.