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Retail

  • Technology companies dominate list of best places to work in the UK

    January 13, 2021

    Here's the list of best places to work in the UK, and these tech firms dominate

  • Morrisons to be first UK supermarket to pay staff at least £10 an hour

    January 13, 2021

    Morrisons will pay its supermarket staff at least £10 an hour, becoming the first major UK supermarket to reach that milestone. The new deal will start in April and represents a significant pay increase for nearly 96,000 colleagues, the majority of which will see a nine per cent rise. Staff had pushed for an increase [...]

  • Ministers mull moving patients to hotels as hospitals become overwhelmed

    January 13, 2021

    The NHS is considering plans to transfer patients to hotels as hospitals become overwhelmed with Covid-19, the health secretary said this morning. Matt Hancock announced the government would not rule out any options to relieve pressures on the NHS and refused to speculate about how long lockdown restrictions could last. The health secretary told BBC [...]

  • Pink goes offline as Covid takes the shirt off its back

    January 13, 2021

    Pink Shirtmaker, the fashion retailer that became famous trading under the name Thomas Pink, has been shuttered by owner LVMH. Covid appears to have seen off the shirtmaker, which had been struggling for years and closed its Jermyn Street flagship in December. All traces of its social media channels, online store and links on the [...]

  • Asda to offer in-store Covid-19 vaccinations

    January 13, 2021

    Asda will become the first UK supermarket to offer in-store Covid-19 vaccinations after striking a deal with public health officials.  The vaccination centre at the grocer’s Birmingham store will operate 8am to 8pm, seven days a week, and will have the capacity to administer 250 jabs per day.  The site is the first Asda pharmacy [...]

  • Pressure mounts on big four supermarkets as Lidl enjoys record Christmas sales

    January 13, 2021

    Lidl has strengthened the pressure on its competitors by remaining the fastest growing retailer against the UK’s big four supermarkets of Tesco, Sainsbury’s, Asda and Morrisons. The German chain achieved a record Christmas in 2020 with overall sales increasing 17.9 per cent in the same four-week December period versus the previous year. With Christmas favourites [...]

  • Covid drives £30m loss at William Hill betting shops

    January 13, 2021

    William Hill suffered a £30m loss in its retail business in 2020, with all 1,414 of its shops affected by coronavirus restrictions. When open and trading without restrictions the retail side of the betting business traded well, and at the end of the third quarter it was on course to break even for the year.  [...]

  • Dividend payout at Winkworth suffers as business prepares for profit fall

    January 13, 2021

    Winkworth profits are expected to fall for 2020, with market upheaval cited as the primary reason for the loss.  In a market update this morning the estate agent said revenues for 2020 were relatively flat on 2019, and profit was likely to fall by 15 per cent.  As a result of the loss the total [...]

  • Christmas sales hike drives strong revenue growth at Asos

    January 13, 2021

    Sales at fashion retailer Asos surged in the four months ending in December as the online shopping boom continued amid the coronavirus pandemic. The firm said that the hike in sales had led to a better-than-expected growth in revenue over the period leading up to Christmas. As a result of the strong start to the [...]

  • Just Eat splurges £5m on Snoop Dogg as Covid delivers results

    January 13, 2021

    Orders to Just Eat grew by 58 per cent in Q4 2020, marking the third consecutive quarter of order growth acceleration.  Delivery orders in the UK grew by a whopping 387% in the fourth quarter of 2020 compared with the same period in 2019, as the UK again entered a national lockdown and coronavirus restrictions [...]

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