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First Amazon 4-star store opens in the UK About 3 years ago

Amazon has opened its first Amazon 4-star store outside of the US in the Bluewater shopping centre in Kent. The shop will be selling a range of products that are top sellers on its website or rated with four stars or trending. Amazon said the store is a direct reflection of what...

Tesco raises full year profit guidance About 3 years ago

Tesco has raised its full year profit guidance after seeing a better than expected increase in first half sales as it continued to benefit from strong trading as a result of the Covid-19 pandemic. In the six months to 28 August, group sales rose by 3% to £27.3 billion while pre-tax...

Aldi to hire 1,500 temporary workers About 3 years ago

Aldi is hiring more than 1,500 temporary workers across the UK as it gears up for what it predicts will be its biggest-ever Christmas. The supermarket is looking for people to support permanent staff members by working on checkouts, replenishing stock, and picking and packing orders made through its click and...

French Connection has been sold About 3 years ago

French Connection has been sold to a consortium including its second-largest shareholder in a deal valuing the fashion chain at £29million. The struggling business said it has accepted a 30p per share offer from Apinder Singh Ghura, who already owns around 25.4 per cent of the group, as well as Amarjit...

Hotel Chocolat profit rises About 3 years ago

Hotel Chocolat has seen its full year profit rise ahead of its board’s initial expectations after it benefited from its work to make the business a digitally-led brand. In the 52 weeks to 27 June, pre-tax profit before exceptional costs climbed to £10.1 million from £2.4 million in the previous year....

Greggs raises profit expectations following strong sales About 3 years ago

Greggs has seen its like-for-like sales climb by 3.5%% on a two-year basis in its third quarter despite suffering disruption to its staffing levels and supply chain. The food-on-the-go retailer said sales growth was particularly strong in August when it benefited from a ‘staycation’ effect due to the coronavirus pandemic. In...

CD&R wins auction to buy Morrisons About 3 years ago

The race to buy Morrisons has finally come to an end with US private equity firm Clayton Dubilier & Rice winning an auction process with an offer amounting to nearly £7 billion. The stock market’s Takeover Panel said the winning bid of 287 pence per ordinary share beat the bid of...

The Body Shop launches open hiring strategy About 3 years ago

The Body Shop UK is to launch open hiring as part of plans to help people who may have previously been excluded from work. Starting with seasonal in-store roles for Christmas, the health and beauty retailer will be working in partnership with  Movement To Work on the programme, which will target...

Boohoo appoints non-executive director About 3 years ago

Boohoo has appointed sustainability expert Kirsty Britz as a non-executive director. With the appointment being effective immediately, she has also become a member of the online fashion retailer’s audit and risk committees. In a statement, Boohoo said the hiring will bring additional expertise to its board, particularly with regard to environmental, social...

London’s West End to receive £5 billion worth of investment About 3 years ago

New West End Company, the organisation which represents 600 businesses on Oxford Street, Regent Street, Bond Street and in Mayfair, has announced details of  a collective planned £5 billion investment into London’s West End through a series of development projects. The news comes as the shopping district looks to bounce back...

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