Lucozade targets tired office workers as new Alert energy drink hits the shelves January 31, 2022 Lucozade is focusing on products that will perk up tired workers, the beverage maker’s COO for Great Britain and Ireland told CityA.M. While the brand’s flagship Lucozade products have long been staples for sport fans and gym goers, a new product Lucozade alert is targeting those in need of a mental boost. During the pandemic, [...]
Tesco axes fresh meat, fish and deli counters in 317 stores January 31, 2022 The supermarket giant said it will shut counters across 317 of its supermarkets where it has seen “lowest demand” amid changes in customer habits. It is understood the move will impact hundreds of workers, although the retailer did not disclose the total number of affected staff. It added that it will shut seven of its [...]
Open warfare: Ocado claims Autostore is lying while rival says online grocer’s IP rights are ‘invalid’ January 31, 2022 The war of words between Ocado and its rival Autostore reached new heights today as Ocado accused Autostore of misleading investors over its legal battle with the online grocer in Germany. Autostore issued an update on the Norwegian stock market on Monday claiming that a judge in a Mannheim Court said Ocado’s intellectual property rights [...]
Asda becomes first supermarket to trial self-checkout automated age verification January 31, 2022 Asda announced it will be the first supermarket to trial automated age verification at self-checkouts, speeding up customer experience.
Households braced for mortgage shock ahead of rates hike as cost of living crisis deepens January 31, 2022 Fresh warnings over the cost of living have been issued as millions of households could face a huge mortgage shock. Trade body UK Finance has said one in four mortgage borrowers on variable rate deals will be affected by an anticipated rates rise, The Telegraph first reported. The Bank of England is anticipated to hike [...]
Brexit: UK share of EU export and import trade tumbles further as cross-Channel trade declines January 31, 2022 The UK’s share of EU27 goods exports fell from 6.2 percent in 2019 to 5.2 percent last year, while its share of EU27 goods imports fell from 3.9 percent to 2.6 percent over the same period, according to new figures published in Germany today. The decline comes after Britain’s share of exports dropped from 7.1 [...]
Ladbrokes owner Entain to launch £40m innovation hub in London January 31, 2022 Ladbrokes and Sportingbet owner Entain will launch a £40m global innovation hub in London as it looks to accelerate its expansion into entertainment.
Unchecked climate change to drive up coffee prices January 31, 2022 Climate change could destroy half of the world’s prime coffee growing land, according to Swiss scientists, which will push up prices for caffeine cravers. The study published last week, which looked at how a moderate climate increase would impact the harvest of coffee, cashews and avocados, found that the world’s largest coffee producer – Brazil [...]
In the bag: Radley London enjoys soaring profit after Christmas sales surge January 31, 2022 Handbag maker Radley London has reported buoyanct results after its sales in the US. The accessories brand reported retail sales were up 60 per cent in the first nine months of the current financial year, compared to the previous year. Retail sales were up 55 per cent in the five weeks to 2 January, with [...]