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Retail

  • Winging it: Chicken supplies set to remain tight while KFC warns of shortages

    August 1, 2022

    Chicken supplies are set to remain tight across the country, a report has cautioned, amid reports of KFC preparing to run out of stock of certain chicken items. High street staple KFC warned staff in a memo last week that supplies of chicken on the bone were among items running low, The Sun reported. KFC [...]

  • Greggs’ plans to sell hot food into early hours at Leicester Sq flagship thwarted by council

    August 1, 2022

    Greggs’ plans to sell hot food into the early hours of the morning at its Leicester Square flagship site have been knocked back.  Westminster City Council blocked an application for the West End store to sell hot food – such as its chicken goujons – and hot drinks until 5am, citing concerns of the Met [...]

  • History makers to record breakers: 17.4m tuned in to BBC coverage of Lionesses’ Euro triumph

    August 1, 2022

    A record 17.4m Brits tuned in to watch the Lionesses beat Germany 2-1 in the Women’s Euro 2022 final at Wembley on Sunday. The BBC’s peak audience shattered TV viewing records, making it the most-watched women’s football game on UK television history.  It was also the single-most watched programme of 2022 so far, while Germany [...]

  • OnTheMarket CFO to depart role next year as property platform revenue booms

    August 1, 2022

    Property search platform OnTheMarket has announced its chief financial office will be leaving the firm early next year. Clive Beattie has resigned from his position at the London-listed company to pursue another company, OnTheMarket infomed investors on Monday morning. The board has appointed consulting firm Korn Ferry to kick start a recruitment drive for a [...]

  • Heineken sales elevated as beer drinkers brush off price increases

    August 1, 2022

    Brewer Heineken has seen beer sales leap in the first half of the year, despite growing pressures on consumers’ budgets. The drinks behemoth had seen “demand resilient until now despite mounting inflationary pressures on consumers’ disposable income,” according to Heineken chairman and CEO Dolf Van Den Brink. However, the brewer warned increasing costs meant it [...]

  • JD Sports sells Footasylum to private equity firm after watchdog crackdown

    August 1, 2022

    Trainer seller JD Sports has inked a deal to hand over Footasylum to Aurelius Group for £37.5m, following competition concerns. In recent weeks, JD Sports had been rumoured to be in talks with the German private equity group about selling the high street brand, which it attempted to takeover in 2019. JD said the sale [...]

  • 23m Brits on £2.4bn spending spree today as the nation tunes in for the Women’s Euro final

    July 31, 2022

    Nearly 23m Brits are expected to spend money today as they will be celebrating England Women’s first appearance in a major football final since 2009. The EURO final today is expected to generate an average spend per person of over £46.08 before, during and after the match with the top purchases being food delivery (62%), [...]

  • Asos, Boohoo and George by Asda probed by watchdog on green claims

    July 29, 2022

    Asos, Boohoo and Asda’s clothing arm George will be investigated by the competition watchdog to work out whether their green claims are misleading shoppers. The Competition and Markets Authority (CMA) said retailers could face court action if their sustainability claims are found to be misleading. Fashion collections, such as ‘Responsible edit’ from ASOS, Boohoo’s current [...]

  • Kit hits the fan: Retailers running out of England Women’s shirts ahead of Euros final

    July 28, 2022

    Retailers are running out of England Women’s football shirts ahead of the Lionesses’ Euro final against Germany on Sunday. The official England online store, kit maker Nike’s website and a host of high street retailers had sold out of all but extra-small women’s home shirts, which are priced at £75, on Thursday. “We have seen [...]

  • Millions of Brits can no longer afford the gym as energy bills and inflation eat away their budgets

    July 28, 2022

    Almost 1 in 5 Brits can no longer afford fitness services, according to new research shared with City PM this afternoon. No longer being able to afford them is the number 1 reason Brits cancel fitness products and services, according to recent research by Myprotein. In a survey of over 2,000 UK adults, Brits were [...]

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