Could this last-minute reservation app help fix London hospitality’s no-show problem? November 15, 2023 Ambl, which now has 600,000 downloads, was launched last year by former financial sales worker Aaron Solomon after he struggled to find a table to entertain clients.
Fuel retailers face fines if they do not ‘come clean’ over pricing November 15, 2023 Fuel retailers face fines if they fail to be more transparent on pricing, Energy Secretary Claire Coutinho has announced.
Asda slashes debt as value range sales surge November 15, 2023 Asda has reduced its debt pile from £4.2bn to £3.9bn, according to its third quarter results, thanks to “strong cash generation” at the UK supermarket. The ‘Big Four’ grocer, said that during the term like-for-like sales, excluding fuel, increased by 2.8 per cent to £5.4bn compared to the same period last year. Food like-for-like sales [...]
Pub group Fuller’s hails ‘seven day a week Canada’ as it readies for bumper Christmas November 15, 2023 Fuller's is "primed for a strong Christmas", while its bookings are already soaring 11 per cent ahead of what they were last year.
Ex-media man takes chair role at consumer giant Reckitt November 15, 2023 Reckitt told markets this morning that the business mogul would replace the former frontman for Mattel who held the role for almost a decade.
Iceland blames Russian war for whopping £95.7m energy bill November 14, 2023 Iceland, the frozen food supermarket, has blamed a “global surge” in wholesale prices following the war between Russian and Ukraine for its hefty £95.7m energy bill in the year to March. The value grocery chain, which specialises in frozen processed food, said that forking out for the “wholly unprecedented” charge led to a £35m loss [...]
McDonald’s: Sexual abuse at fast food chain ‘normal’, union chief warns November 14, 2023 The president of the Bakers, Food and Allied Workers Union, said that it was “normal” for McDonald's employees to be touched inappropriately.
Revolution Beauty: Shake-up of top team gives stability with revenue up 20 per cent November 14, 2023 Troubled make-up brand Revolution Beauty has posted a 20 per cent rise in revenue, as a shake-up of its top team appears to have provided some stability for the brand after a volatile few months. In the six months to August, the cosmetics maker said that adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) [...]
Hammerson in talks to sell £1bn stake in owner of Bicester Village November 13, 2023 British shopping centre giant Hammerson is reportedly in advanced talks to sell its £1bn stake in Value Retail, owner of Bicester Village, the luxury retail complex.
Small pubs at risk of closure next year without business rates relief, Fuller’s boss warns November 13, 2023 The chief executive of Fuller’s, Simon Emeny, has said that an extension on business rates relief could be the difference between some small pub businesses handing back their keys next year or remaining open. Speaking to City A.M, ahead of the autumn budget next Wednesday, the frontman for the near 200 year old pub business, urged [...]