Staycation bidding war: Blackstone-owned Bourne Leisure to sell off Butlin’s November 28, 2021 British domestic holiday giant Butlin’s is reportedly set to be sold off next year, which could rally a bidding war amid the country’s staycation boom. Blackstone-owned Bourne Leisure, Butlin’s parent company, has already chosen bankers to undertake the auction sometime in 2022, Sky News’ Mark Kleinman reported. The value of the holiday chain is not [...]
Supply chain crisis leaves Brits worse off than Americans and Europeans with many prepared to ‘punish’ retailers November 27, 2021 As the Office for Budget Responsibility recently reported that the UK’s supply chain bottlenecks have been exacerbated by Brexit, new data shows this morning that Brits report far worse delivery experiences than consumers in France, Germany, and the US. While the crisis is being presented as ‘global’, UK online consumers report disproportionate affects, with nearly two fifths [...]
Saturday Read: Two sustainable fashion gurus on a mission to make soil sexy in London November 27, 2021 Far from providing a pivotal road map, COP26 has at least uncovered a few tangible solutions for multiple industries to move forward. For the first time ever, fossil fuels have been noted and added to the final agreement, albeit rather half heartedly, with a little help from India and China. Another key take-away [...]
Amazon acknowledges ‘there is more to do’ as UK warehouses are targeted by Extinction Rebellion activists in Black Friday raid November 26, 2021 Climate activists blocked Amazon’s largest warehouse in the UK, targeting the global retail giant’s busiest day of the year. Extinction Rebellion’s Black Friday demonstration, with about 20 activists, started at 4am at the distribution centre in Dunfermline, Fife. The group said it was also targeting Amazon sites in Doncaster, Darlington, Newcastle, Manchester, Peterborough, Derby, Coventry, [...]
Lidl promotes Ryan McDonnell to UK CEO November 26, 2021 Supermarket Lidl has announced current UK CEO Christian Härtnagel will become chief executive at Lidl Germany, while Ryan McDonnell will be promoted to lead the group’s UK operations. McDonnell, who left a family business in construction for Lidl’s graduate scheme in 2000, set up the company’s buying and marketing divisions. The supermarket business, which [...]
Amazon to face UK protests on Black Friday while strikes planned in Europe November 25, 2021 UK Amazon workers and campaign groups are among those planning to protest against the tech firm’s treatment of workers on Black Friday, with strikes planned in other countries. Amazon employees in the US and several EU countries are planning to take action on one of the tech firm’s busiest days of the year. The action [...]
George at Asda launches treasure hunt for second-hand Gucci items November 25, 2021 Supermarket Asda has teamed up with vintage wholesaler PreLoved, ahead of the anticipated release of Ridley Scott’s House of Gucci. Some 30 exclusive pieces have been hidden across 50 Asda stores across the country, with shoppers encouraged to hunt for second-hand items. Pieces will be on sale for as little as £12. With the latest [...]
Remy Cointreau shares leap after full-year profit forecast raised thanks to booming China sales November 25, 2021 Shares in Cointreau-maker Remy Cointreau swelled on Thursday after the firm hiked its full-year profit forecast. It reported first-half results that were above expectations, following strong demand for its premium cognac in China, the United States and Europe. Shares were up 12 per cent and hit a record high of 209.8 euros on Thursday. Group [...]
London hotels hope for a cracker Christmas as Covid recovery lags behind rest of country November 25, 2021 London hotels are still lagging behind in their Covid recovery compared to rivals elsewhere – but have reported strong festive bookings. The capital’s occupancy rates were 26 per cent behind pre-pandemic levels last month, as the sector continues to suffer from the slow return of international tourists and business travellers. Hotels are also facing a [...]
Shortage fears: Wine and spirit bosses warn of Christmas delays thanks to lack of drivers November 24, 2021 Brits face disappointment as deliveries of their favourite alcoholic drinks are being delayed due to the shortage of HGV drivers, a coalition of 49 wine and spirits companies has said. Bosses from household names such as Campari and Bibendum Wines have today written to secretary of state for transport, Grant Shapps, calling for further action [...]