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Retail

  • Canada’s Al Fresco dining is here to stay for one more year

    July 20, 2021

    Canada Corporation has agreed to ease the weight on the hospitality industry by offering free pavement licences for one more year. Amid table number and household restrictions, the UK’s hospitality sector has been making use of pavements for extra Al Fresco seating. “We expect the buzz of the City will swiftly return [...]

  • Fizzy mixer brand Fever-Tree sees European revenues surge as holiday spots bolster stocks

    July 20, 2021

    Fever-Tree has seen its European revenues surge outside of the UK as hospitality destinations bolstered stock in anticipation of summer holiday goers. However, ongoing travel confusion and ‘Freedom Day’ fears may have knocked investors faith – as it saw its shares plummet 7.10 per cent this afternoon, dragging its total share price to 2,276. The [...]

  • Covid pastimes: Jigsaws and crafts continue to carry retailer The Works’ sales

    July 20, 2021

    Toys and stationary retailer The Works has continued to have its sales buoyed by consumer lockdown activities in recent weeks, with jigsaws, arts and crafts remaining popular throughout the pandemic. The retailer was hit by severe store closures earlier on in the year but is returning to growth, as sales have lifted 13 per cent [...]

  • Wholesale group Supreme bets revenues on vaping amid lockdown growth

    July 20, 2021

    Wholesale provider Supreme, the company behind 88Vape, has seen its revenue for the smoking alternative alone lift 36 per cent as lockdown smokers tried to kick the habit. The company’s total preliminary revenue was up 33 per cent at £122.3m in the year to 31 March, up from £92.3m in the year prior. Gross profits [...]

  • Nightclubs could turn into super spreading events, warns chief scientific adviser

    July 19, 2021

    The Government’s chief scientific adviser has warned that nightclubs could be “potential super spreading events” despite the Government allowing the venues to reopen earlier today. Sir Patrick Vallance said the nightclub environment will allow Covid-19 to spread easier as the Prime Minister laid out plans for venues to require double-vaccination for people to enter from [...]

  • NHS Test and Trace: Covid app’s sensitivity will not be tweaked as hundreds of thousands of people self-isolate

    July 19, 2021

    The NHS Covid-19 app will not have its sensitivity tweaked, Downing Street has confirmed, despite industries warning of staff shortages as England lifts almost all coronavirus restrictions. Prime Minister Boris Johnson and Chancellor Rishi Sunak are among the hundreds of thousands of people currently self-isolating due to being alerted by NHS Test and Trace that [...]

  • Watch: London clubbers cheer end of Covid restrictions

    July 19, 2021

    London clubbers on Monday flocked to one of the first rule-free live music events since the pandemic began last year, dancing through the night and rejoicing in human interaction as England lifted most Covid restrictions at midnight. Watch the full report: this video contains flashing images.

  • Revolution Beauty shares run rouge in London junior market debut

    July 19, 2021

    Revolution Beauty, which debuted a £300m placing on London’s junior market today, has seen its shares plummet over four per cent. With its ordinary shares listed at 160p per piece, the company’s valuation is around $495m. The British beauty group began trading at 08:00 under the ticker REVB after an oversubscribed fundraiser last week. Revolution, [...]

  • Table service to remain in ‘most’ pubs post-Freedom Day, Shepherd Neame boss says

    July 19, 2021

    Table service is to remain in most Shepherd Neame pubs, with only “some sites” having bar service reintroduced after England eases most restrictions today. Pub group boss Jonathan Neame welcomed the easing of restrictions and larger groups of people regardless of households to his pub estate in a statement. “While restrictions have been lifted, and [...]

  • Pingdemic: UK supermarkets brace themselves for chaotic Freedom Day

    July 19, 2021

    Supermarkets warned they will shorten opening hours or close their shops amid a rising number of their workers having to self-isolate. There are fears of goods shortages in supermarkets and cuts in production at factories because of the number of workers being pinged by the NHS Test and Trace app. Last week, over 500,000 alerts [...]

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