Fights have broken out and the police have had to be called after customers queued all night and shoppers overran supermarkets as Black Friday hit the UK.Officers were called to at least four supermarkets in London alone as shoppers surged into stores. Police were also called to incidents in Manchester,...
One of the Tesco executives suspended earlier this year over the company’s profit misstatement has left the company, according to the reports.Eight executives were suspended by the company following the announcement in September that it had overstated its profit expectations by £260 million.Tesco declined to comment on the departure of...
Discount retailer Poundland has announced a 12% increase in half-year profits to £9.3 million as it gears up for the crucial Christmas trading period. Total sales in the first half were up 15%, as strong momentum reported in July carried through the first half.The chain also saw strong expansion in...
The Food Standards Agency has said that 70% of fresh chickens sold in shops are contaminated with the Campylobacter bacteria, the biggest cause of food poisoning in the UK.In total, 1,995 samples of fresh whole chilled chickens have now been tested, with packaging also tested for most of these samples....
Budget airline Ryanair received the go-ahead from its shareholders this morning for a deal to purchase up to 200 Boeing "gamechanger" 737 MAX aircraft for $22 billion.Ryanair is the lead customer for this new Boeing aircraft which will feature 197 seats (8 more than Ryanair's existing 737-800s), more leg room,...
Cath Kidston the founder and creative director of the floral accessories business is to take a step back as of 5th December to become a non-executive director of the company she set up 21 years ago.Cath Kidston‘s first shop opened in Holland Park in 1993 selling the vintage-style print, however,...
The former head of creative media design at Burberry has accepted the role of creative director at premium menswear brand Mr Porter.Ben Palmer will be joining Mr Porter, Net-a-Porter’s sibling brand, in 2015 to oversee the “visual look and feel” of the brand according to WWD. He replaces Leon St-Amour,...
Retail sales were resilient in the year to November, according to the CBI’s latest quarterly Distributive Trades Survey, with the pace of growth expected to accelerate once again in the crucial Christmas run up.The survey of 130 firms also showed that employment growth remained robust, with the rise in headcount...
Holiday operator Thomas Cook has announced the surprise departure of its chief executive, Harriet Green.The company announced that she will be replaced by chief operating officer Peter Fankhauser, who will take over with immediate effect.Ms Green joined the company two years ago when the company's share price was just 14...
Mitchells & Butlers (M&B), owners of brands such as Harvester and All Bar One, has reported a fall in profits for the year, despite investing heavily in its operations.M&B spent £162 million on new site openings and upgrades in the year to the end of September and sales have risen...
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