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 [...]
As social media platforms get better at monetising, what should marketers expect? June 6, 2016 Monetising is a top priority for the world’s leading social platforms like Twitter and Periscope, and recent figures suggest they’re getting better at it. According to the Internet Advertising Bureau, the UK’s social media ad spend rose 51 per cent last year to £574m, so what developments should marketers expect from these firms over the coming [...]
Following the BHS collapse and Austin Reed’s closure, it’s clear retailers’ online offerings are not ready to save the British high street June 3, 2016 Another day and yet another high street retailer announcing its financial struggles – this week it is Austin Reed and BHS. The menswear retailer is closing 120 stores, after the announcement it was entering into administration in April. BHS has also announced that thousands of jobs are going to be lost as a result of closing 163 stores. [...]
West Berkshire Brewery raises glass as it expands into Islington-based pub Shillibeers and puts pen to paper on new brewery June 2, 2016 Crowdfunding beer maker West Berkshire Brewery is raising a glass after it put pen to paper on a new £3m custom-built brewery and secured its first urban pub, Shillibeers, in Islington. The new brewery will allow West Berkshire to increase its brewing capacity tenfold and also to provide packaging for other breweries. The brewer has said the [...]
Putting the super back into the supermarkets: What the Co-op rebrand tells us about the current state of the sector June 1, 2016 The unveiling of the Co-op rebrand last week was the latest sign of a major shift in the supermarket arena. The brand’s decision to revert back to its origins, resurrecting – albeit also modernising – its 1968 logo, was a clear attempt to spark an emotional connection with an audience for whom loyalty is meaning [...]