As Tesco’s share price drops to an 18-year low, it’s clear the rollercoaster ride will continue for some time yet December 10, 2015 Tesco has turned back time this week, with its share price dropping to an 18-year low. The less said about what was going on in 1997 the better – instead, we turn our focus to the rollercoaster ride that is the UK's largest retailer. Dave Lewis has certainly ushered in some change, but given where Tesco's [...]
Morrisons supermarket reportedly set to exit the FTSE 100 index December 1, 2015 Struggling supermarket Morrisons will reportedly be booted out of the FTSE 100 index tomorrow as part of its quarterly shake up. The Bradford based company has been nudging the bottom of the table for the last 12 months and just managed to dodge relegation in the last reshuffle. Latest update: Morrisons is kicked out of the FTSE [...]
Affective Logic closes £350,000 SyndicateRoom crowdfund having beaten funding target December 1, 2015 Marketing company Affective Logic has closed its investment fund on crowdfunding site SyndicateRoom, after securing £387,247, 111 per cent of its £350,000 target. The company, which helps large businesses plan and monitor marketing campaigns across multiple suppliers and markets, was created alongside leading advertising agencies, McCann and Martin. Affective Logic has already worked with General Motors, Aldi and Manpower Group. It said [...]
Stocking up on Christmas booze? Marks & Spencer is the best supermarket for wine – while Morrisons comes second December 1, 2015 Marks & Spencer has retained its crown as the best supermarket wine retailer for the second year running – but if you're stocking up on Christmas booze, you could do a lot worse than head to Morrisons, which came second in the medal table at this year's International Wine Challenge (IWC). M&S came first in [...]
Cranswick results sizzle as Asia goes mad for British pork November 30, 2015 Pork producer Cranswick put in far from its wurst performance in the six months to the end of September, after it posted a 9.9 per cent rise in revenues. The figures It's been a sizzling summer for Cranswick, which said revenues jumped to £529.1m during the period, up from £481.5m during the same period last year. Adjusted profits before tax [...]
How German discounter Lidl became the UK’s fastest growing supermarket November 30, 2015 At Lidl on Clapham Road, south London, friends Raquel Zantedeschi and Beatriz Castro are doing their weekend shop together, their baskets filled with fresh produce, meat and Lidl’s own brand cheeses. Being Italian, Zantedeschi, 35, jokes that she knows her produce: “I personally come here to buy fruit and vegetables that come from Italy and [...]
Morrisons in danger of falling out of FTSE 100 as blue-chip index comes up for renewal November 29, 2015 Supermarket Morrisons is in danger relegation from the FTSE 100 list of Britain’s biggest companies as the prestigious blue-chip index comes up for renewal this week. Morrisons has been hovering near the bottom of the index over the last year and narrowly avoided being kicked out in the last quarterly reshuffles in June and September. Its share price has fallen by [...]
Christmas adverts 2015: Aldi has just spoofed John Lewis’ Man on the Moon ad November 26, 2015 As day is followed by night, so too is John Lewis' Christmas advert followed by a series of spoofs. So far the selection has been pretty dark, including imagining the Man on the Moon as the evil Emperor from the Star Wars trilogy (and blowing up Earth once he can see where it is). Now Aldi has [...]
Aldi issues recall alert over halogen oven – and why the supermarket won’t be taking part in Black Friday 2015 November 25, 2015 Aldi has issued a recall notice for a halogen oven sold in the UK over safety fears. Customers who bought the oven, which carries the product code 92746, on 22 October are being asked to return it to their nearest store “immediately”. It was sold as part of a Specialbuy event, the supermarket said. People have [...]
Christmas adverts 2015 UK: John Lewis’ Man on the Moon faces stiff competition as Sainsbury’s hopes its Mog the Cat is not just for Christmas November 25, 2015 In the race for the most memorable TV ad campaign, it has been cat versus the man on the moon. John Lewis’ Christmas advert, usually a hands-down winner, has faced stiff competition this year from children’s favourite, Mog the Cat, the star of Sainsbury’s effort. Last year, Sainsbury’s advert was set in the First World War [...]