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Retail

  • Wetherspoons limits parents to two alcoholic drinks

    January 24, 2020

    Wetherspoons pubs have told parents to stick to two drinks if they have their children with them. The pub chain said it is a staff guideline and applies to pubs across the country to deter “unruly behaviour”. The rule was first publicised by the Robert Pocock pub in Gravesend, Kent last Sunday. A poster at [...]

  • Tesco ditches plastic wrap on multipack tins

    January 24, 2020

    Tesco is set to remove all plastic wrapping from its multipack tins in a bid to cut down on waste, a step it says will remove 350 tonnes of plastic per year from the environment.  The supermarket giant has teamed up with brands including Heinz and Green giant to replace single-use plastic wrap on multipacks [...]

  • Marston’s toasts ‘strong’ Christmas after challenging 2019

    January 24, 2020

    Pub group Marston’s raised a glass to a “strong” Christmas this morning as impressive growth over the holiday helped offset a sluggish start to December. In a trading update the firm said that sales growth for the four months to January 18 saw a one per cent increase, but this rose to 4.5 per cent [...]

  • New London hotel drives revenue up for Park Plaza owner PPHE

    January 23, 2020

    Park Plaza hotel operator PPHE reported a jump in revenue following the opening of a new London venue.  Like-for-like group room revenue for the year grew 6.3 per cent to £249m, from £234m the previous year, while reported room revenue was up 5.9 per cent to £250m.  The FTSE 250 real estate group said revenue [...]

  • Morrisons axes 3,000 management jobs

    January 23, 2020

    Morrisons is preparing to cut 3,000 management jobs across its supermarkets, as it adds more hourly paid roles.  The retailer announced today that it will create 7,000 new hourly paid jobs across its stores, which will result in a net 4,000 new jobs.  The affected managers will be able to apply for the new roles, [...]

  • More than 280 jobs lost as Handmade Burger Co. collapses

    January 23, 2020

    Casual dining chain Handmade Burger Co. collapsed into administration for the second time today, making more than 280 workers redundant.  Leonard Curtis was appointed as administrator of The Burger Chain Limited this morning, after attempts to secure a sale of the business were unsuccessful. All 18 restaurants have closed, with the loss of 283 jobs, [...]

  • Mothercare replaces senior leadership as firm gets to grips with new life

    January 23, 2020

    After closing all 79 of its stores last weekend, collapsed retailer Mothercare has this morning announced wholesale changes to its leadership. Following on from November’s transformation plan, when the group announced plans to become an international franchise operation, the firm today said that chief executive Mark Newton-Jones would step down. He will remain as an [...]

  • Asos chases away blues with record Black Friday performance

    January 23, 2020

    Online retailer Asos beat the January blues with this morning’s trading statement as revenue grew 20 per cent across the group for the final four months of 2019. The fashion firm said that the growth, which was consistent across all of its divisions, was due to record Black Friday sales. Total sales hit £1.1bn, driven [...]

  • UK retail sector sheds 57,000 jobs after tough year for high street

    January 23, 2020

    The retail sector shed 57,000 jobs in the fourth quarter of last year following the “worst year on record” for the UK high street.  The total number of retail employees fell 1.8 per cent year on year, in the 16th consecutive quarter of decline, the latest research found. The job loss figures come after it [...]

  • Customer satisfaction levels suffer as retailers battle tough trading condtions

    January 23, 2020

    Customer service satisfaction levels have suffered the longest decline since records began as retailers struggle to juggle meeting consumer expectations and facing the challenging trading conditions on the UK high street.  The latest research showed that customer service satisfaction is at the lowest level since July 2015 with a score of 76.9.  The top five [...]

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