Asda rolls out one-hour home delivery service across 96 stores October 8, 2021 Asda said this morning it is planning to extend its one-hour express delivery service to 96 stores following a successful trial over the summer. The service gives customers access to Asda’s full online range of more than 30,000 grocery products for delivery within the hour if they live within a three-mile radius of a store [...]
Grubhub founder steps down only four months after £5.8bn takeover by Just Eat October 8, 2021 The founder of US food delivery platform Grubhub has quit the business just four months after it was bought by UK-listed rival Just Eat Takeaway. Matt Maloney joined the Just Eat Takeaway board in June but has since stepped down to “pursue other opportunities”, the company said this morning. Just Eat boss Jitse Groen said: [...]
Rain and fuel chaos kept shoppers away from the high street October 8, 2021 Shoppers were deterred from the high street last month because of rain and chaos surrounding fuel buying. Total UK footfall dropped by 16.8 per cent in September, compared to pre-pandemic levels, BRC-Sensormatic IQ data found. Out of all regions, London saw the biggest drop of 26.3 per cent, compared to 2019. The city has suffered [...]
JustEat orders to offices soared last month October 7, 2021 JustEat has said orders of delivery food to offices has almost doubled in September, compared to June. The number of companies ordering food to the office last month grew more than 170 per cent when compared to last September. Office delivery sales have increased by more than 150 per cent from July to September, the [...]
Dairy farmers cry over spilt milk as tens of thousands of litres destroyed amid driver shortages October 7, 2021 Dairy farmers have had to pour tens of thousands of litres of milk down the drain thanks to the HGV driver shortage. One farmer told Sky News he had had no option but to pour 40,000 litres of milk away over the past couple of months after there were no drivers available for collection. The [...]
Revolution Bars raises a glass to better than expected post-lockdown sales October 7, 2021 Revolution Bars has said its sites in England have traded 21 per cent higher than pre-pandemic levels since being able to operate free of Covid restrictions. The Revolucion de Cuba owner published a trading update looking at the period from July 19 – known as Freedom Day when all existing Covid rules for businesses were [...]
Tesco hands out £193m to investors to settle accounting scandal October 7, 2021 Tesco has handed out £193m to settle an accounting scandal from seven years ago, a larger figure than it received from the UK’s fraud watchdog. The country’s largest supermarket confirmed that it had settled claims from investors with two law firms that had brought legal proceedings against it last September. The investors include Allianz, Russell [...]
Exclusive: HMRC plotting crackdown on holiday let tax avoiders after record staycation season October 7, 2021 Owners of UK holiday lets face fresh investigations by HMRC after Britain’s record staycation boom of the last two years, accountants at UHY Hacker Young told City PM this morning. HMRC has the power to request information or documents from third parties such as holiday booking sites “for the purpose of checking the taxpayer’s tax [...]
Covid pandemic accounts for around 15 per cent drop in retail footfall October 7, 2021 Retail footfall continued to strengthen in September, with analysts estimating that the Covid pandemic had caused around a 15 per cent drop in footfall. In September, footfall was down 17.4 per cent on 2019 levels, compared to being down 18.6 per cent in August, according to fresh data from Springboard. Footfall declined from 2019 by [...]
No comment from Tesco on takeover talk as it promises customers a good Christmas October 6, 2021 Tesco has denied its share buyback programme has anything to do with private equity takeover rumours. Following US private equity firm Clayton, Dubilier & Rice winning Morrisons at auction with a bid of £7bn, Tesco and Sainsbury’s have been singled out as next in line for a takeover. Tesco said it would purchase £500m of [...]
