East London Liquor: Craft doesn’t have to mean expensive, as indie distiller toasts Tesco and Co-op deals October 13, 2020 East London Liquor Co boss: Craft alcohol doesn't have to mean expensive, as indie distiller toasts Tesco and Co-op supply deals
Welcome to the Age of Boycotts, where controversy can be a brand’s best friend October 8, 2020 This summer’s hectic news agenda made corporate boycotts the latest hot fashion accessory — and it’s not a trend that looks likely to die any time soon. But rather than panicking and getting ready to fold to the demands of the online (and offline) mob, companies should reframe the risk of being subject to a [...]
FTSE 100 flat after Donald Trump ends US stimulus talks October 7, 2020 The FTSE 100 flatlined after US President Donald Trump abruptly ended talks between Republicans and Democrats over the next round of fiscal stimulus. London’s blue-chip index was just 0.06 per cent higher at 5,953.6 points as it approached midday. The FTSE 250 was up 0.17 per cent. Read more: US stocks fall after President Trump [...]
Consumer survey sees Netflix on top of Covid-19 satisfaction rankings – with Ryanair grounded October 7, 2020 A consumer ranking of how businesses performed for their customers during the Covid-19 pandemic has seen Netflix and Amazon take first and second spot. At the other end of the scale, power companies were seen to be thoroughly underperforming – with more of the bottom five responsible for gas and electricity. Read more: The businesses [...]
Tesco sees profit drop despite surge in lockdown sales October 7, 2020 Tesco’s operating profit fell 15.6 per cent in the first six months of the year in new chief executive Ken Murphy’s debut set of results. Profit at the supermarket dropped from £1.23bn to £1.04bn, with a jump in sales due to the coronavirus pandemic weighed down by a hefty loss at Tesco Bank. On a [...]
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 [...]