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Retail

  • Pub chain Shepherd Neame toasts strong trading after beer gardens reopen

    April 21, 2021

    UK pub chain Shepherd Neame this morning said trading has been “encouraging” since its beer gardens reopened last week.  The firm, which is Britain’s oldest brewer, said more than 200 pubs reopened when restrictions on outdoor trading were lifted on 12 April.  The rest of its 316 sites across south east England will reopen on [...]

  • Pure Gym suffers £200m loss due to Covid closures

    April 21, 2021

    Pure Gym suffered losses of almost £200m last year after the budget fitness chain was forced to close all of its sites for several months during coronavirus lockdowns. The gym company reported a loss of £198.4m in 2020, compared to a loss of £39.6m in the previous year. Revenue dropped 39 per cent from £447m [...]

  • Post-Brexit law change: Cashback without purchase to be allowed across UK

    April 21, 2021

    Corner shops, pubs and cafes will soon be able to offer cashback without people having to make a purchase first. The move comes after the government agreed changes in the House of Lords to the Financial Services Bill, which has almost completed its passage through Parliament. Hailing it as a “welcome step towards protecting access [...]

  • Heineken sales flat following increases in Africa and Asia

    April 21, 2021

    The world’s second largest brewer Heineken reported stable beer sales in the first three months of the year after a strong performance in Africa and Asia.  Net profit for the first three months of the year was €168m, up from €94m a year earlier.  Beer volume in the first quarter was in line with last [...]

  • 230 Argos jobs at risk as owner Sainsbury’s closes distribution site

    April 21, 2021

    Argos has said it is set to close its Somerset distribution site, putting 230 jobs at risk at the retailer’s Bridgwater warehouse. The company said it is “committed to fight to save as many jobs as possible” after the site was earmarked for closure next year. Argos owner Sainsbury’s has confirmed that the depot is [...]

  • European Super League crumbling as top clubs Chelsea and Man City pull out after backlash

    April 20, 2021

    European Super League crumbles as top clubs Chelsea and Man City pull out

  • Next CEO Lord Simon Wolfson’s pay jumps 28 per cent despite profit plunge, shut stores and furloughed staff

    April 20, 2021

    Next boss Lord Simon Wolfson's pay jumps 28 per cent despite profit slump, closed stores and furloughed staff

  • Pubs and restaurants to reopen in Scotland next Monday

    April 20, 2021

    Scotland will reopen its pubs and restaurants for the first time in months from Monday 26 April, in a move that broadly brings Scotland into line with England’s current Covid-19 restrictions. Cafes, restaurants and beer gardens can open, along with shops, gyms, libraries and museums as lockdown eases. Rules and restrictions around the precise nature [...]

  • Mulberry ramps up sustainability pledges as retailers scramble to boost environmental reputations

    April 20, 2021

    Mulberry has become the latest retailer to ramp up its sustainability measures as the spotlight on environmental and social issues has intensified in the wake of fast fashion scandals.  The designer accessories brand today announced it will buy back, resell or repurpose any Mulberry bag when it becomes unusable. It has also pledged to achieve [...]

  • Bezos bets on the barbers: Amazon to open London hair salon

    April 20, 2021

    US tech giant Amazon has announced it will open a huge hair salon across two storeys in London’s Spitalfields. The company said customers will use Amazon technology to trial hair colours and entertainment will be provided by its Fire tablets at the salon in Brushfield Street.  Hairdressing and styling will be provided by London salon [...]

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