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Ocado trial self-drive vehicle in the UK About 7 years ago

Ocado have begun to trial a self-driving delivery service in Woolwich, London as they become one of the latest company to test out further technological innovations in the supermarket sector. The move represents the UK’s first foray into autonomous deliveries, led by the Greenwich Automated Transport Environment experiment. David Sharp,...

Bravissimo open flagship store in Cardiff About 7 years ago

Bravissimo have opened a new regional flagship store in Cardiff, set across two floors in the Grand Arcade. The lingerie retailer will stock the brand’s full collection including its own-brand lingerie, swimwear and clothing ranges as well as an assortment from other leading brands in-store. Founder and chief executive of...

Consumer confidence drops after general election About 7 years ago

In the 12 days after the general election, consumer confidence significantly dropped as the uncertainty of a hung parliament caused concern for British households. A poll undertaken by YouGov suggested that fears the political situation would culminate in further damage to house prices after the Brexit vote had already resulted...

Tesco roll out one-hour deliveries in central London About 7 years ago

Tesco are now operating a one hour delivery service for central London postcodes, made available through the Tesco Now app. The service allows customers to purchase up to 20 items from a range of 1,000 products including everyday items such as fresh fruit and vegetables, meat, bakery goods and dairy...

High June temperatures help boost annual revenue About 7 years ago

After the hottest June since 1976, major retailers enjoyed the largest annual revenue rise for four years. Research firm Nielsen reported that revenue rose by 4% compared to June the previous year. Sales of hand-held ice-cream rose by 24% as people took advantage of the good weather. Also, more people...

The Co-Op Bank scrap plans for sale About 7 years ago

The Co-Operative Bank has announced that it has scrapped its sale plans however remain hopeful that talks with investors regarding boosting capital will remain ongoing. The bank, which was put up for sale at the start of the year, is currently understood to have £800m of liabilities from the Britannia...

L1 Retail to acquire Holland & Barrett for £1.7bn About 7 years ago

Retail investment fund L1 Retail are set to acquire Holland & Barrett in a deal worth approximately £1.7bn. Owned by Russian billionaire Mikhail Fridman, the move signifies the group’s intent to take a bigger share of the £10bn health and wellness market, adding that they would continue to work with...

Dixons Carphone set to announce rise in profits About 7 years ago

Electrical retailer Dixons Carphone is expected to announce a rise in pre-tax profits, up by 9% to a total of approximately £487.5m. The company was able to record the figures despite the increasingly difficult economic climate, with the financial impacts of Brexit still being felt a year on. Seb James,...

British manufacturers benefit from fall in value of the pound About 7 years ago

Figures released from the Confederation of British Industry (CBI) indicate that British manufacturers had their strongest sales performance in 20 years. Due to the fall in value of the pound, which has caused a rise in the number of orders from abroad and therefore a rise in sales for the...

Fashion retailer shares slump in response to Amazon announcement About 7 years ago

As Amazon announced the implementation of their new Prime Wardrobe service, shares in competitors such as Macy’s, Nordstrum, ASOS and Boohoo.com all fell in response to the news. In scenes similar to the Seattle company’s announcement of its Whole Foods takeover, companies in both North America and Europe were affected...

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