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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...
The UK’s dairy industry is in a “desperate state” as farmers are being paid less for milk than the cost it takes to produce.Giving evidence to the Environment, Food and Rural Affairs Committee (Efra), the chairman of Farmers For Action, David Handley, said that 400 milk producers have quit the...
UK retailers are preparing for what they hope will be the UK’s biggest day of online shopping for the year as the US-inspired Black Friday approaches. The shopping event was only introduced to the UK in 2010 by multi-national retailers but has gained increasing popularity.This year, John Lewis’ managing director...
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