All articles by Hugh Radojev – Page 38
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NewsAsda to open 110 Express c-stores in February
Asda has announced it plans to open 110 Express convenience stores across the UK in February – a record for the retailer in a single month.
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NewsRevolution Beauty reaches settlement with former CEO
Revolution Beauty has reached a settlement agreement with former chief executive Adam Minto after a long-running legal battle over delayed results, which saw the business removed from the stock market.
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NewsTreasury to review VAT-free shopping ‘tourist tax’ ahead of Budget
The Treasury is reviewing the so-called ‘tourist tax’ on VAT-free shopping ahead of the spring Budget and could ditch the policy in a boost for retail.
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NewsIssa brother mulls sale of Asda stake to focus on petrol forecourt empire
The ownership team behind supermarket chain Asda could be set to shuffle again after reports emerged that one of the Issa brothers is exploring a sale in his stake of the business.
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NewsAmazon profits surge after strong Christmas and growth in AWS
Amazon posted surging profits and sales that exceeded expectations on Wall Street off the back of strong festive trading and growth in its cloud computing arm.
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NewsGreggs and Castore CEOs join PM’s Business Council
Greggs boss Roisin Currie and Castore co-founder and chief executive Thomas Beahon have both been named on the prime minister’s Business Council.
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Analysis‘Mad genius’: What Morrisons’ Baitiéh revealed during first public appearance as CEO
As Rami Baitiéh makes his first appearance since taking over as the boss of Morrisons, what do his first public words as chief executive reveal about him as a leader?
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NewsMorrisons profits jump as it delivers sixth consecutive quarter of growth
Supermarket giant Morrisons has reported a jump in profits as it delivered its sixth consecutive quarter of like-for-like improvement.
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Opinion‘The Tories have a major problem with business and Walker’s defection proves it’
The Iceland boss’ damning indictment of the Conservatives and endorsement of Labour may be polarising in and of themselves, but it highlights the depth of the government’s business troubles as it limps into an election year.
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NewsMorrisons takes stake in MFG as it offloads petrol stations
Morrisons and Motor Fuel Group (MFG) have entered an agreement whereby the former will take a £2.5bn minor stake and the latter will acquire 337 of the grocer’s petrol stations.
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NewsWorkers turn to packed lunches as grocery inflation remains high
While the Red Sea shipping crisis and its effect on global supply chains continue to dominate headlines, stubbornly high grocery inflation dominates customers’ agendas.
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NewsGovernment ‘won’t turn away’ fruit and veg at Brexit border
With new Brexit checks on food imports to begin later this week, the government has been telling retailers it won’t turn away products over incomplete paperwork.
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NewsIceland boss and ex-Conservative donor Walker backs Labour
Iceland boss Richard Walker has formally backed the Labour Party and its leader Sir Keir Starmer to be the next prime minister.
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NewsUK fruit and veg prices set to rocket this spring
The price of fruit and vegetables in the UK is predicted to rise when new post-Brexit import controls are introduced in the spring.
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NewsIkea slashes global carbon footprint as revenues surge
Ingka Group, the largest of Ikea’s retail brands, has slashed its carbon emissions by 12.7% year on year while delivering a 30.9% increase in revenue for the same period.
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NewsMorrisons to sell petrol forecourts in £2.5bn deal
Grocery giant Morrisons is on the brink of sealing a £2.5bn deal with CD&R-owned Motor Fuel Group to sell its petrol forecourts.
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NewsCo-op targets 8 million members after scrapping loyalty scheme
C-store specialist Co-op has unveiled new targets of having 8 million members and increasing its share of the quick commerce market, as part of wider changes to its membership scheme rolled out today.
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NewsAldi to create 500 new apprenticeships in 2024
Discounter Aldi has said it will create 500 apprenticeship roles across the UK in 2024.
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NewsExclusive: Business rates and tackling crime top BRC election wish list
The British Retail Consortium is calling on the UK’s political parties to ensure that business rates are made more sustainable and that retail crime becomes a standalone offence, as it gears up for the general election this year.
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NewsSainsbury’s and M&S unveil fresh price pushes
Grocery giants Sainsbury’s and Marks & Spencer have today unveiled fresh investments in price as the two look to build on strong food performance over Christmas.