Small firms would lose £12k a day without mobile phone access, as mobile media demand soars June 13, 2016 Small businesses could lose up to £12,000 per day if they were without access to their mobile phone, research out today has shown. Firms with up to nine employees would on average miss out on almost four new business opportunities, each with an average value of over £3,000, every working day if their mobile was [...]
UK advertisers have most faith in Paloma, who is enjoying the good life June 10, 2016 Paloma Faith sold out more than just concert venues last year. New research has today named her as the most popular popstar among advertisers. Faith was the artist of choice for four major brands – Calvin Klein, Dixons, Simply Be and Eastern Western – in 2015, according to research by Adbreakanthems and BPI. Read more: [...]
Tesco takes a hit on sale of Giraffe restaurants June 10, 2016 Tesco has confirmed it will sell its Giraffe restaurant chain to British restaurateur and food empire giant Ranjit Singh Boparan, the owner of Harry Ramsden's for an undisclosed fee. The supermarket giant also announced today it will offload its Turkish supermarket arm, Kipa in a deal which reduces the company's debt burden by £110m. Tesco bought Giraffe [...]
Melons and pineapples? Who cares? It will take more than that for supermarkets to fight off AmazonFresh June 10, 2016 Tesco’s current ad features a couple debating whether or not to drive to their local branch to exchange a melon for a pineapple. “We need an excuse,” says the husband. “What? Like I’m long-sighted and I mistook it for a large grape?” replies the straight-thinking wife. The commercial highlights the supermarket’s “No Quibbles” policy. Bought [...]
Amazon rolls out fresh food service for paying, east London members June 9, 2016 US online retailer Amazon has today launched its fresh food delivery service in central and east London. The service is further restricted to Amazon’s Prime members, who pay a £79 per year fee for various TV and music streaming services and free delivery on certain items. Amazon, after taking significant market share from many of [...]
Tesco Mobile is offering you cash back in exchange for looking at ads June 9, 2016 Tesco Mobile is offering customers the option to swap ads for money off their bill. The budget mobile brand, which runs on O2's network, has partnered with Australian ad and content company Unlockd and will let Android mobile customers knock £3 off their monthly bill. Tesco Mobile customers are able download an app from the Google Play store that [...]
Food billionaire Ranjit Boparan set to buy Tesco’s Giraffe restaurants June 8, 2016 Ranjit Boparan, owner of Harry Ramsden's restaurants, is set to buy Giraffe from Tesco. Sky News reports the food tycoon's private investment vehicle Boparan Ventures, which also owns London-based chain Fishworks, is snapping up the restaurant chain for a "modest sum". Boparan, whose known to be worth £1.35bn, is the founder of Britain's biggest chicken supplier 2 Sisters Food Group. Read [...]
Have we reached peak hipster? Sainsbury’s is now the UK’s biggest vinyl record retailer June 8, 2016 An interesting nugget came out of this morning's Sainsbury's (rather mixed) results: the supermarket said it is now the biggest seller of vinyl on the high street. In this morning's first quarter results statements, Sainsbury's said since it reintroduced vinyl record earlier this year after 25 years of just CDs, it had achieved an eight per cent market [...]
Sainsbury’s share price rises despite first quarter sales fall June 8, 2016 UK supermarkets' problems are still lingering in the new financial year, after Sainsbury's reported a fall in like-for-like sales over the last three months and warned of challenging times ahead. With total sales looking steady and investors fearing worse, however, shares jumped 2.6 per cent to 253p in early trading. The figures Total retail sales excluding fuel were up 0.3 per cent in [...]
Every little helps: Tesco to sell Giraffe chain and Turkish interests in bid to offload underperforming assets June 7, 2016 Britain's biggest supermarket chain Tesco is set to sell its Kipa chain in Turkey and Giraffe restaurants in the UK. The sale of Kipa, that Tesco acquired in 2013, is likely to raise "a couple of hundred million pounds", an analyst told Sky News, while an unnamed family-owned investment group is interested in snapping up Giraffe. Tesco bought Giraffe [...]