Tesco Go: The UK supermarket chain is trialling an Amazon-style version of checkout-free shopping June 29, 2018 Tesco has said it is testing a way of paying for your shopping in-store without going through a checkout, using a smartphone app to scan items and pay online. The app is being tested in a Tesco Express near its headquarters in Welwyn Garden City, which is also one of the retail chain's cashless stores. [...]
Poundland owner Steinhoff secures deal with creditors to pave way for restructuring plans June 29, 2018 The South African retailer that owns Poundland said today that it had got the thumbs up from creditors to move ahead with debt restructuring plans. Steinhoff, which owns brands such as Benson for Beds and Harveys in the UK, said in an update today that it had agreed "key commercial terms" on its restructuring plans, [...]
Ticketmaster warns of data breach affecting tens of thousands of UK customers June 27, 2018 UK customers of Ticketmaster, GETMEIN! and TicketWeb who bought tickets between February and 23 June this year may have had personal and payment information stolen by hackers. Ticketmaster – which controls more than 80 per cent of worldwide ticket sales – found it had been targeted by fraudsters last week as it identified "malicious software" [...]
Hummus Bros dips into administration June 26, 2018 London food operator Hummus Bros has closed as a "perfect storm" of costs and competition pushed it into administration. The six-strong Mediterranean chain posted on twitter late last night to inform customers that the business had closed after 13 years of trading. Humms Bros said that "rising costs, reduced demand and over-supply in the market" [...]
Here’s how you can get a free iced coffee this week June 26, 2018 Pret a Manger is giving out free iced coffees this Friday to celebrate its new summer menu. Iced coffee is available from today at over 200 Pret branches, including most of its City locations. On Friday 29 June, staff will spend an hour giving away the cold drink for free. But there's a catch. Pret [...]
Sainsbury’s sales dip while Ocado and Lidl gain in latest grocer data June 26, 2018 Sainsbury's was the only supermarket to see a decline in sales during the 12 weeks to 17 June, new data shows. Sales slipped by £10m compared to the same period last year, bringing its market share down to 15.6 per cent, according to Kantar Worldpanel. Tesco, Asda and Morrisons also all lost market share despite [...]
Asda ranked worst big supermarket for treatment of suppliers while Iceland comes last overall June 25, 2018 Asda ranks lowest among the big four supermarkets for treatment of suppliers, according to the regulator's annual report released today. Out of all 10 grocers assessed by the Groceries Code Adjudicator survey, Iceland ranked last and the Co-op was second from the bottom. Some eight per cent of Asda suppliers reported that the supermarket "rarely" [...]
House of Fraser CVA approved June 22, 2018 House of Fraser's creditors are have agreed to a rescue plan which will result in 31 store closures. Creditors including landlords and suppliers met to vote on the company voluntary arrangement (CVA) today, and have passed the proposal with no amendments. “The approval of the CVAs is a seminal moment in House of Fraser’s history," [...]
Pod takes down mini-bond posters over concerns of misleading potential investors June 22, 2018 Food-to-go operator Pod has taken down posters inviting customers to purchase mini-bonds from the company after concerns were raised that they could be misleading. The company has today opened its mini-bonds up to the public, with a goal of raising at least £200,000 to support expansion. But in the run-up to the launch, the company [...]
House of Fraser CVA approved June 22, 2018 House of Fraser's creditors are have agreed to a rescue plan which will result in 31 store closures. Creditors including landlords and suppliers met to vote on the company voluntary arrangement (CVA) today, and have passed the proposal with no amendments. “The approval of the CVAs is a seminal moment in House of Fraser’s history," [...]
