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Retail

  • Car seller Motorpoint readies investment after boost in revenues

    April 6, 2022

    Used car seller Motorpoint said today it was readying a wave of investment after revenues received a boost last year to hit £1.32bn.

  • Former P&O official seeking damages of up to £76m for unfair dismissal as Easter travel chaos looms

    April 6, 2022

    A former senior boss at P&O Ferries is seeking up to £76m in compensation over claims of unfair dismissal, including racial discrimination, as the company tells thousands to stay away from Dover over Easter. Travel chaos is set to ensue over Easter weekend, after P&O Ferries warned customers its vessels are still moored and tickets [...]

  • Calories on the menu: Bosses fear new rules for restaurants will leave a sour taste

    April 6, 2022

    Diners are being confronted with the calorie contents of meals at some restaurants under new laws that come into effect today – but could this do more harm than good? Hospitality bosses have said the changes come at the worst possible time, as the sector endeavours to recuperate pandemic losses while staring down the barrel [...]

  • Moss Bros to open new shops as sales climb up for suits retailer

    April 5, 2022

    Suits retailer Moss Bros has revealed plans for new shops after the retailer said trade had been boosted after it launched a range of casual clothes.  The men’s formalwear chain, which hosts an estate of around 100 stores, reported a £93.1m turnover for the year to January. This was compared to pre-pandemic turnover of £128.3m, [...]

  • Food banks struggle to keep up with 99 per cent of all free food points seeing surge in demand as cost of living crisis rages

    April 5, 2022

    Thousands more households are turning to the UK’s food banks for the first time as the cost-of-living crisis deepens, according to new research shared this morning. A new survey by community giving platform Neighbourly and Aldi – which work together to distribute surplus food from the supermarket’s stores – almost all food banks (99 per [...]

  • Supermarket till sales down four per cent last month as online shopping and cost of living hit hard

    April 5, 2022

    Supermarket till sales continue to feel the impact of online buying brought about by the pandemic, with a four per cent fall last month. A new study indicates that online sales also fell almost 20 per cent from last year, as the cost of living crisis continues to change consumer habits. The report by NielsenIQ [...]

  • Morrisons’ new owners green light plans to sell £500m worth of property

    April 5, 2022

    Morrisons’ new owners have rubber stamped plans to sell a £500m property portfolio including manufacturing and distribution facilities. According to Sky News, the supermarket is preparing to appoint advisers to oversee the disposal of certain sites across the country. It comes just months after New York’s Clayton Dubilier & Rice (CD&R) took over the grocer [...]

  • Double-digit footfall boost for London and South East as shops fear cost of living crunch will deter customers

    April 5, 2022

    Retail footfall saw a double-digit boost last month in London and the South East, thanks to a bout of sunshine. London and the south East saw a 11.3 per cent rise in footfall to retail destinations in March. This represented footfall down 22 per cent on pre-pandemic levels. Across the UK, footfall was up 9.9 [...]

  • London shoppers evacuated from Oxford Street after gas leak

    April 4, 2022

    Shoppers have been evacuated from Oxford St after emergency services have shut down the West End shopping destination. The Met closed several streets in the area on Monday afternoon, including Poland Street, Berwick Street, Oxford Street, Noel Street, Wardour Street and Great Marlborough Street. In a tweet, the police force said: “Please can we make [...]

  • 57 salmonella cases confirmed as Kinder Surprise chocolate eggs recalled

    April 4, 2022

    The UK’s food authority has confirmed 57 cases of salmonella, mostly among young children, with suspected links to Kinder Surprise chocolate eggs. Confectioner Ferrero has recalled batches of its individual 20g eggs and eggs that come in packs of three with a best before date of between 11 July 2022 and 7 October 2022. The [...]

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