It has been reported that budget supermarket Lidl is to give 150 of its 629 stores a face lift to include customer toilets, self-checkout tills and baby changing facilities. The investment, costing £1.5billion will also see around 40-50 new stores opening a year an increase from the 30-40 that were previously...
Lidl and Aldi have plans to open 171 stores between them in the coming months, according to sources, putting pressure on the ‘Big Four’ retailers. According to the Sunday Telegraph, Aldi has filed planning applications for 93 new supermarkets, whilst Lidl has filed 78. This compares to just 29 applications combined...
Apple is working on a person-to-person payments service that may put it in direct competition with PayPal. The company is in talks with banks about the new service, which would let iPhone users use their smartphones to transfer money to one another as easily as they send messages. The service, which...
Elisabeth Murdoch, daughter of media mogul Rupert Murdoch has joined the board as a non-executive director at Jimmy Choo the luxury shoe brand. Having been in senior positions previously in media and technology companies, Ms Murdoch was the founder and chairman of a company called Freelands Group, a media and technology...
Gifts and cards retailer, Card Factory has reported that full year expectations remain the same following promising sales in its first nine months of the financial year, with an increase of 7.9%. The success is due to a combination of new store openings, growth in online activities and like-for-like sales, however...
The head of Waitrose, Mark Price, has said that retailers must engage and invest in employees in order to create a “smart society”. At the Telegraph Festival of Business 2015, Mr Price said that companies putting shareholders before employees and customers had resulted in a lack of trust in businesses. He added...
Morrisons has announced the appointment of Paula Vennells as non-executive director. Ms Vennells is currently the CEO of the Post Office, a role she has held since April 2012 having joined the business in 2007. Previously she was group commercial director of Whitbread, having started her career with Unilever and L'Oreal....
It has been reported today that Retail Birmingham will be unveiling its ‘Shopping in Birmingham’ Christmas campaign. Birmingham, the only city other than London to house Selfridges, House of Fraser, John Lewis, Debenhams and Harvey Nichols will be highlighting retail offers and its status as the place to go for Christmas...
Asda’s former marketing director, Chris McDonough, has joined homeware retailer Homebase. Mr McDonough who left Asda this year was responsible for home shopping, financial services marketing, retail and George. Before Asda, McDonough worked for Molson Coors as the UK managing director and Muller, the multinational dairy company as UK marketing and...
Anheuser-Busch InBev, the Belgian maker of Budweiser and Stella Artois, has agreed a merger with rival London-based firm SABMiller. The deal, which is worth £71 billion, will create a new global drinks giant which will produce approximately 30% of the world’s beer. Commenting on today's announcement, Carlos Brito, CEO of AB InBev...
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