Cosmetics giant L’Oreal has stopped all staff traveling to Hong Kong on business trips as the unrest in the city grows.Tens of thousands of protestors are blockading the streets of the city, demanding a free vote for its next leader without the interference of Chinese officials, something Beijing has rejected.An...
A survey from the British Chamber of Commerce (BCC) has said that nine out of ten companies think that young people are not ready for employment, with more than half of companies saying that this includes graduates.Three-quarters of the 3,000 companies surveyed said that the skills gap was down to...
Waitrose has become the first supermarket to go live with a website dedicated to pet products, featuring over 9,000 products from over 60 lines.Waitrosepet.com will stock specialist and veterinary diets, such as Purina Pro Plan, Royal Canin, Hill’s and James Wellbeloved - as well as a broad range of accessories...
The Financial Conduct Authority (FCA) is to investigate Tesco following the revelation that the group had overstated its six-month profit guidance by £250 million.Tesco, which has already launched its own investigation into the problem, has said that it will “continue to co-operate fully with the FCA and other relevant authorities...
Sainsbury’s has said that sales fell for the third quarter in a row, with total sales for the second quarter down 0.8% excluding fuel and like-for-like sales down 2.8%.The supermarket said that performance in the quarter had been impacted by the increased competition including price wars and food price deflation.Mike...
Pub and brewing company Greene King has appointed a new CFO after it became apparent that Matthew Fearn, who had been absent from the company since February with a long-term illness is “not likely to be in a position to return to work for some time”.The company announced that the...
99p Stores is set to offer more of its affordable product ranges across the UK as the value retailer plans to open another 150 new stores over the next three years as part of its new marketing strategy.The expansion comes after the 99p store experienced a steady growth and a...
AO World has announced it will be launching its German website six months ahead of schedule and will be live tomorrow for customers to use.The online electrical appliances retailer has also promised it will be making its first deliveries on 14th October.The German site will mainly focus on major domestic...
Next has seen an impact on its sales due to the unseasonably warm weather in September.The fashion and homewares retailer said the cooler weather the UK had in August had resulted in several “very strong” weeks of selling.Warmer weather in September however had created the reverse effect leading sales to rise by...
German low-cost supermarket Aldi has released figures for 2013, revealing a 65% jump in UK profits, driven by a 36% rise in sales across the UK and Ireland.Buoyed by the results, the company added that it would continue to respond to price cuts from competitors with discounts of its own...
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