All articles by Hugh Radojev – Page 65
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NewsAsda poaches Tesco and Nisa executives as it rebuilds leadership team
Supermarket chain Asda has poached Kris Comerford and Ken Towle from Tesco and wholesaler Nisa respectively as it looks to rebuild its denuded senior management team.
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NewsTesco launches UK’s first electrified HGV trucks to cut down on emissions
Grocery giant Tesco has launched the UK’s first-ever commercially used, fully electrified, heavy-freight articulated trucks as it takes another step towards its net-zero commitments.
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NewsPret a Manger city sales slump amid latest coronavirus wave
Sales at food-to-go specialist Pret a Manger have slumped as the emergence of the Omicron Covid-19 strain kept city workers at home.
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NewsSupply chain tsar Lewis urges UK infrastructure overhaul
Former Tesco chief executive and government supply chain tsar Sir Dave Lewis has said the emergence of the Omicron variant has exposed the need for major change to avert further crises.
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NewsSelfridges sold to Thai-Austrian joint venture in £4bn deal
Luxury department store chain Selfridges has been sold by the Canadian Weston family to a joint venture between a Thai retailer and an Austrian property company for an estimated £4bn.
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NewsAsda strike looms in the New Year as union votes for formal ballot
Asda is facing the looming prospect of a strike by distribution warehouse staff in the New Year, after workers voted to move to a formal strike ballot.
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NewsLandsec ups stake in Bluewater as retail values and rents stabilise
Institutional landlord Landsec has upped its stake in shopping centre Bluewater and agreed to sell a share to co-owner M&G as Covid continues to stabilise retail values and rents.
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DataData: Weekend footfall slumps as Omicron dampens last-minute Christmas sales
Surging cases of the Omicron variant have hit retail footfall and dampened any hopes of a sales surge on the last weekend before Christmas.
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NewsBoohoo issues profit warning due to higher return rates
Fast fashion giant Boohoo has blamed “significantly higher return rates” and continued extended delivery times as it issued an unexpected profit warning.
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NewsRetailers pulling all the levers to avoid Christmas staffing chaos
Retailers across different categories are working overtime to deal with increasing absenteeism and a repeat of the chaotic ‘pingdemic’ scenes of the summer as the new Covid-19 variant surges across the UK.
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DataData: Retailers learn pandemic lessons with faster and more reliable deliveries
New data on retailers’ shipping capabilities shows the sector has improved its delivery potential and stock availability despite fierce headwinds in the run-up to Christmas.
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GalleryStore gallery: McDonald’s opens UK’s first net zero carbon restaurant
Fast-food giant McDonald’s has opened the UK’s first-ever net-zero carbon restaurant in the Shropshire town of Market Drayton.
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NewsHolland & Barrett snaps up at-home beauty business Blow
Health and wellness retailer Holland & Barrett has snapped up at-home beauty services business Blow Ltd for an undisclosed sum.
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NewsTesco reaches agreement with Unite but Usdaw Christmas strike talks ongoing
Tesco has reached an agreement on pay with staff at four distribution centres, averting strike action and reducing the possibility of empty shelves before Christmas.
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NewsQuiz warns of potential effect of Omicron on Christmas as it delivers another loss
Quiz has reported a loss before tax and warned its stakeholders about the potential loss of sales due to the rise of the Omicron coronavirus variant in the run-up to Christmas.
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NewsMcColl’s blames Covid-19 and supply chain disruption for falling sales and profits
The embattled c-store chain McColl’s has blamed falling sales and profits in the 2021 financial year on the ongoing coronavirus pandemic and supply chain issues.
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NewsTesco reopens talks with union in bid to end planned Christmas strike action
Tesco has agreed to reopen talks with Usdaw after members across its distribution centres voted overwhelmingly to go on strike from December 20.
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Opinion‘Tesco strike action will have other grocers fearing their own nightmare before Christmas’
While the spreading strike action at Tesco distribution centres is currently only affecting the UK’s largest grocer, the other supermarket chains will be watching on in fear
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DataData: Grocery sales fall as inflation jumps to highest level in over a year
Grocery sales in the past month slumped as food inflation jumped to its highest level since last summer and the average cost of Christmas dinner surged.
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DataData: Black Friday gives needed boost to retail sales in November
Black Friday provided a much-needed boost to retail sales during November as customers returned to stores in the run-up to Christmas.