Lidl ramps up expansion plan with 230 new stores November 10, 2019 Lidl’s expansion spree is set to accelerate, with the German discounter planning 230 extra store openings. The new store plan, first reported today in the Sunday Times, is the latest in a string of bullish moves from Lidl and Aldi, which have been snapping up an increasing share of the grocery market. In a bid [...]
Petrol price falls for third consecutive month in October November 6, 2019 The price of petrol fell for the third month in a row in October, according to data from RAC fuel watch, with a litre of unleaded nearly 3p cheaper than it was at the beginning of August. The average price of a litre of unleaded dropped 1.57p to 126.42p at the end of the month, [...]
O2 steps into 5G driverless car testing in London as it grows mobile customer base November 5, 2019 O2 will have a hand in an ambitious project to trial driverless cars on London roads, using its 5G network to help test the vehicles in Greenwich. The mobile phone network, which this morning announced it had hit 34m customers following its 5G rollout last month, said using the technology on the roads could reduce [...]
Asda gives hundreds of employees extra week to sign new contracts before facing sack November 2, 2019 Asda will give employees an extra week to sign new employment contracts before dismissing them with the original deadline set for today. The supermarket said workers who had yet to sign the new so-called Contract 6 would be given a seven-day “cooling-off period” to change their mind before losing their jobs. Read more: Asda rejects [...]
Tesco investigates technical issues affecting Monzo card payments November 1, 2019 Supermarket giant Tesco is investigating a technical issue affecting customers with Monzo debit cards after cardholders complained they were being charged twice for transactions. Monzo customers have complained on Twitter about issues using their cards in Tesco, prompting the supermarket chain to put up signs at some of its stores saying it could not accept [...]
EDF Energy in talks to buy electric vehicle chargers Pod Point October 31, 2019 The French energy supplier EDF is in talks about the acquisition of electric vehicle-charging start-up Pod Point. The company is the latest utilities supplier to branch out into the global automotive sector. Read more: Fiat Chrysler and PSA set to enter 50-50 share swap in $50bn merger Talks about a deal are understood to have [...]
Tesco unveils new Clubcard Plus subscription scheme October 29, 2019 Tesco has announced its new £96 per year subscription loyalty scheme is set to launch next week. The supermarket said Clubcard Plus, which offers customers 10 per cent off two shops worth up to £200 each per month, could save shoppers more than £400 a year. Read more: Analysts react to Tesco chief executive Dave [...]
Walgreens Boots Alliance profit hit by cost-cutting charges October 28, 2019 Walgreens Boots Alliance reported plunging profit in the fourth quarter as the owner of UK high street giant Boots took a hit from cost-cutting charges. Profit in the fourth-quarter plunged 55 per cent to $677m, compared to the same quarter in the previous year as the group closed stores. Read more: Big boots to fill: [...]
Supermarket chain Iceland takes a hit as insurers freeze out suppliers October 20, 2019 Suppliers to supermarket chain Iceland are said to have had their insurance cover cut amid concerns about the impact of Brexit on the company’s supply chain. Paris-based insurer Euler Hermes reduced the credit cover it provides to Iceland’s suppliers over the summer, while rival Atradius is also mulling a possible cut, the Sunday Times reported. [...]
Sainsbury’s stops selling fireworks following fears for pets October 18, 2019 Sainsbury’s has become the UK’s first big supermarket to stop selling fireworks across all its stores. The move followed a review of all of the supermarket’s products, Sainsbury’s said. Read more: Leon opts to launch new product range in major UK supermarket It also comes after a petition to ban the public sale of fireworks, [...]