All articles by Luke Tugby – Page 12
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NewsTesco and Aldi hike driver pay as shortages hammer grocers
Tesco and Aldi have hiked the wages they pay to lorry drivers in a bid to overcome the HGV driver shortage and keep shelves stocked.
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NewsWalmart to sell tech and logistics services to third-party retailers
Walmart is to start selling its technology and logistics capabilities to smaller retailers as it seeks out fresh revenue streams in the wake of the Covid-19 pandemic.
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NewsMorrisons’ largest shareholder hits out at Fortress takeover bid
Morrisons’ largest shareholder Silchester International has refused to give its backing to a £6.3bn takeover by US private equity firm Fortress.
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NewsMorrisons frontrunner Fortress hints at business review plan
Private equity firm Fortress has hinted that it would launch a wide-ranging review of the Morrisons business if it succeeds in its proposed £6.3bn takeover of the grocer.
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DataData: Retail sales rise in June as Euro 2020 drives spend
Retail sales rose in June as supermarket sales were buoyed by the England team’s progress in football’s European Championships.
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NewsShopfloor staff omitted from government’s daily Covid testing scheme
Retail store staff have not been included in the government’s list of key workers who will become exempt from coronavirus self-isolation rules.
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NewsMorrisons trials checkout-less store tech at Bradford HQ
Morrisons is testing checkout-less stores that would allow shoppers to purchase groceries without queuing at a till.
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NewsSupermarket giants warn of trade disruption under Northern Ireland protocol
The UK’s biggest grocery retailers have warned that its businesses in Northern Ireland will be hammered by rising costs and trade disruption under the terms of the Brexit protocol.
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NewsMarks & Spencer braced for cuts to opening hours amid Covid ‘pingdemic’
Marks & Spencer has warned it may be forced to slash opening hours at some of its shops if the number of staff being forced to self-isolate rises further.
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NewsOcado suffers second major warehouse fire in two years
Ocado has been forced to cancel thousands of orders and apologise to its customers following a fire at its largest warehouse in southeast London.
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NewsAsos sales rise despite demand ‘volatility’
Asos has posted an increase in third-quarter sales but cautioned that “volatile demand” and supply chain pressures are likely to persist during the coronavirus crisis.
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NewsKingfisher raises profit guidance as sales surge across Europe
Kingfisher has upgraded its profit guidance after sales powered ahead of pre-Covid levels across its international markets.
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Opinion‘Amazon’s symbolic swoop for Hoggett might not be its last raid on Tesco’
There are some stories that take on a much broader significance than the column inches they comprise.
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NewsDeliveroo to create 400 tech roles in fresh growth drive
Deliveroo is planning to create 400 new tech jobs over the course of the next year as it targets further growth.
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NewsMorrisons: Government seeks assurances over Fortress takeover bid
Ministers will push for a crunch meeting with Morrisons’ senior leadership to seek assurances over its potential acquisition by US private equity firm Fortress.
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NewsMorrisons rebuffs £5.5bn takeover bid from private equity firm CD&R
Morrisons has rejected a takeover bid from American private equity giant Clayton, Dubilier & Rice (CD&R).
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DataData: Retail sales jump in May but grocers hit by hospitality’s reopening
Retail sales rose in May as ecommerce sales drove growth but food stores suffered amid the reopening of hospitality venues.
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NewsTesco sales rise but growth ‘moderates’ as Covid restrictions ease
Tesco has posted an uptick in first-quarter sales but cautioned that growth “moderated” during April and May as Covid-19 restrictions eased.
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GalleryStore gallery: Sports Direct hails ‘new era’ with £10m Oxford Street revamp
Sports Direct has lifted the lid on its newest store concept on London’s Oxford Street as it accelerates its “elevation” strategy.
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NewsDebenhams targets high street return as owner Boohoo bids to woo beauty brands
Debenhams is plotting a return to the high street under new owner Boohoo as it attempts to strike deals with major beauty brands.