All articles by Hugh Radojev – Page 36
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NewsAmazon profits surge after strong Christmas and growth in AWS
Amazon posted surging profits and sales that exceeded expectations on Wall Street off the back of strong festive trading and growth in its cloud computing arm.
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NewsGreggs and Castore CEOs join PM’s Business Council
Greggs boss Roisin Currie and Castore co-founder and chief executive Thomas Beahon have both been named on the prime minister’s Business Council.
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Analysis‘Mad genius’: What Morrisons’ Baitiéh revealed during first public appearance as CEO
As Rami Baitiéh makes his first appearance since taking over as the boss of Morrisons, what do his first public words as chief executive reveal about him as a leader?
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NewsMorrisons profits jump as it delivers sixth consecutive quarter of growth
Supermarket giant Morrisons has reported a jump in profits as it delivered its sixth consecutive quarter of like-for-like improvement.
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Opinion‘The Tories have a major problem with business and Walker’s defection proves it’
The Iceland boss’ damning indictment of the Conservatives and endorsement of Labour may be polarising in and of themselves, but it highlights the depth of the government’s business troubles as it limps into an election year.
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NewsMorrisons takes stake in MFG as it offloads petrol stations
Morrisons and Motor Fuel Group (MFG) have entered an agreement whereby the former will take a £2.5bn minor stake and the latter will acquire 337 of the grocer’s petrol stations.
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NewsWorkers turn to packed lunches as grocery inflation remains high
While the Red Sea shipping crisis and its effect on global supply chains continue to dominate headlines, stubbornly high grocery inflation dominates customers’ agendas.
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NewsGovernment ‘won’t turn away’ fruit and veg at Brexit border
With new Brexit checks on food imports to begin later this week, the government has been telling retailers it won’t turn away products over incomplete paperwork.
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NewsIceland boss and ex-Conservative donor Walker backs Labour
Iceland boss Richard Walker has formally backed the Labour Party and its leader Sir Keir Starmer to be the next prime minister.
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NewsUK fruit and veg prices set to rocket this spring
The price of fruit and vegetables in the UK is predicted to rise when new post-Brexit import controls are introduced in the spring.
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NewsIkea slashes global carbon footprint as revenues surge
Ingka Group, the largest of Ikea’s retail brands, has slashed its carbon emissions by 12.7% year on year while delivering a 30.9% increase in revenue for the same period.
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NewsMorrisons to sell petrol forecourts in £2.5bn deal
Grocery giant Morrisons is on the brink of sealing a £2.5bn deal with CD&R-owned Motor Fuel Group to sell its petrol forecourts.
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NewsCo-op targets 8 million members after scrapping loyalty scheme
C-store specialist Co-op has unveiled new targets of having 8 million members and increasing its share of the quick commerce market, as part of wider changes to its membership scheme rolled out today.
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NewsAldi to create 500 new apprenticeships in 2024
Discounter Aldi has said it will create 500 apprenticeship roles across the UK in 2024.
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NewsExclusive: Business rates and tackling crime top BRC election wish list
The British Retail Consortium is calling on the UK’s political parties to ensure that business rates are made more sustainable and that retail crime becomes a standalone offence, as it gears up for the general election this year.
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NewsSainsbury’s and M&S unveil fresh price pushes
Grocery giants Sainsbury’s and Marks & Spencer have today unveiled fresh investments in price as the two look to build on strong food performance over Christmas.
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NewsVirgin Wines hails ‘good Christmas’ as sales and profitability jump
Virgin Wines has hailed a strong Christmas trading period, reporting increases in both total revenues and profitability and maintaining its full-year profit guidance.
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NewsOfcom review paves way for Royal Mail to scrap Saturday deliveries
Royal Mail could be given the green light to scrap Saturday deliveries as part of an Ofcom review into how the UK’s postal service may need to be updated.
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NewsSainsbury’s boss backs law change to deal with spiralling retail crime
Sainsbury’s boss Simon Roberts has said that abuse and physical attacks on Sainsbury’s staff have “escalated through last year” and backed calls for changes in the law to protect shopworkers.
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NewsJohn Lewis staff could face smaller pay rises
John Lewis staff have been informed they face the prospect of smaller pay rises under new proposals being considered to give the business more flexibility as its turnaround continues.