Sainsbury’s refuses to rule out job cuts in £1bn ‘food first’ strategy February 7, 2024 Sainsbury’s did not rule out job cuts as part of its strategy update which aims to save £1bn and ramp up the amount of food it sells in its supermarkets. This morning, the UK’s second biggest grocery chain said it would slash the amount of general merchandise and clothing it sells in its shops, describing [...]
Sainsbury’s refocuses on food in new growth strategy with ‘progressive’ dividends and buybacks too February 7, 2024 Currently only 15 per cent of its supermarkets offer the full food range, with the new plan to focus on 180 of these highest potential stores.
Valentine’s Day wine: Buy these for the one you love (or yourself) February 6, 2024 Love it or loathe it, Valentine’s Day is on the horizon. A day where we traditionally show our devotion to partners through the medium of food, drink and over-priced flowers. Speaking for myself, you can leave the wilting roses at the florist but whatever your relationship status may be, one way to really make the [...]
Search for Clapham chemical attacker enters third day February 3, 2024 Wednesday's attack happened on Lessar Avenue, a few minutes walk from Clapham South Tube station
Cashplus boss: More challenger banks to go up for sale as big lenders see ‘brain drain’ February 3, 2024 The consolidation of mid-sized challenger banks will likely ramp up in 2024, the chief executive of digital bank Cashplus has told City A.M.
Have you seen him? DON’T approach him: Manhunt continues for suspect in Clapham substance attack February 2, 2024 Police are continuing their search on Friday for the suspect in the alkaline substance attack which left a girl and her mother with potentially life-changing injuries. Abdul Ezedi, 35, from the Newcastle area, who was described by Metropolitan Police Superintendent Gabriel Cameron as having “significant injuries to the right side of his face”, was last [...]
Shop price inflation drops as supermarkets slash costs January 30, 2024 Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices.
‘Captain of industry? No I just answer the phones’: How the UK lost its superstar CEOs January 24, 2024 While the US churns out superstar entrepreneurs to events like Davos, the best the UK can muster up is Jeremy Hunt and Sting, laments Simon Neville.
B&M chairman Peter Bamford to step down after six years at the top January 23, 2024 The chairman of discount retail giant B&M is to retire later this year, it has been announced.
Mouthwash, teabags and sausages latest examples of ‘shrinkflation’ – Which? January 20, 2024 Shrinking mouthwash bottles, fewer teabags and sausages with less pork are among downsized and downgraded supermarket products as manufacturers and retailers cut costs, a watchdog has found.