All articles by Hugh Radojev – Page 64
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NewsUS giant Walmart takes stake in vertical farming start-up Plenty
US retail giant Walmart has invested in vertical farming firm Plenty with plans to stock the start-up’s leafy green vegetables in all of its Californian stores.
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NewsFMCG giant Unilever set to slash thousands of jobs worldwide
Maker of Marmite and Dove soap Unilever is set to slash thousands of jobs around the world a week after its failed $50bn (£37bn) bid for the health division of a rival.
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NewsGetir to create thousands of new jobs as it ramps up UK expansion
Turkish ultra-fast delivery firm Getir has unveiled plans to create 6,000 new jobs across the country as it ramps up its UK expansion plans.
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NewsGorillas eyes international expansion with French acquisition
Rapid delivery start-up Gorillas is eyeing an expansion across the Channel, having entered into acquisition talks with French firm Frichti.
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NewsThe Works upgrades outlook as first half losses narrow
The Works has upgraded its EBITDA outlook for the 2022 financial year, after reporting narrowing losses in the first half of the year.
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NewsAldi drops Deliveroo trials as shoppers flock back to stores
Discounter Aldi has halted its delivery trial with Deliveroo as easing coronavirus restrictions has led to consumers returning to its stores.
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AnalysisThinking outside the box: how retail subscription services are evolving post-pandemic
Retail subscription boxes across categories were one of the big winners in the first year of the pandemic, but many expected their popularity to fall away. Retail Week looks at how these services have adapted to changing customer behaviours
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NewsIceland freezes prices on £1 value range to ease cost-of-living crunch
Iceland has vowed to freeze the price of more than 60 of its £1 value lines to ease the cost-of-living crunch piling pressure on its customers.
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NewsSainsbury’s creates new senior role as part of food team reshuffle
Sainsbury’s has promoted internally to fill its newly created chief transformation officer role as part of a wider shake-up of its commercial food team.
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NewsFortnum & Mason hails strong Christmas but swings to first loss in over a decade
Fortnum & Mason has reported a strong Christmas trading period after Covid restrictions and store closures caused it to swing to its first full-year loss in 12 years.
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AnalysisSuper Thursday delivers a Christmas cracker – but is the retail party over?
Despite surging numbers of Covid-19 cases and a perfect storm of external pressures threatening to derail the golden quarter, retail has delivered a merry Christmas. What did Super Thursday’s trading updates tell us about the sector’s seasonal performance – and the year ahead?
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NewsData: Christmas sales uptick brings retail relief heading into uncertain 2022
UK retail enjoyed a hugely successful Christmas sales period in December, giving the sector a much-needed boost heading into a new year still clouded by uncertainty.
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NewsThe Hut Group hands over City ‘conspiracy’ dossier to financial watchdog
The Hut Group has handed over a dossier of data to the City watchdog chief executive Matt Moulding hopes will prove stockbrokers colluded to drive down its share price.
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NewsAldi hails ‘best Christmas ever’ after growing sales in December
Discounter Aldi has hailed its “best Christmas ever”, luring half a million Big Four customers across and being the only supermarket to grow sales during December.
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NewsSainsbury’s bumps staff pay to £10 an hour in £100m investment
Grocery giant Sainsbury’s has increased rates of basic hourly pay for store staff to £10 an hour minimum and pledged pay rises for drivers as part of a £100m investment.
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NewsB&M’s expected profits jump off back of ‘very strong golden quarter’
B&M has upped its adjusted EBITDA range for the full year off the back of what boss Simon Arora called “a very strong golden quarter” trading period.
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NewsGreggs increases full-year outlook as boss Whiteside confirms retirement
Greggs anticipates its full-year outcome will be ahead of expectations, following a strong fourth quarter, as chief executive Roger Whiteside’s replacement is confirmed.
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NewsNext ups full-year guidance again after bumper Christmas
Fashion giant Next has increased its full-year profit guidance again after enjoying a bumper Christmas trading period.
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NewsGrocers explore options as Omicron surge sees staff absences double
Grocers are extending temporary staff contracts and prioritising food and online deliveries over other areas of their business as the Omicron coronavirus surge doubles staff absences.
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DataData: Grocers deliver bumper Christmas sales despite Omicron fears
Grocers enjoyed a bumper festive season despite fears that surging coronavirus cases would dampen the Christmas season, with premium own-label sales breaking records.