Retail & High Street News | Online Retail | LondonLovesBusiness https://londonlovesbusiness.com/business-news/business/retail/ Business News Sat, 09 Sep 2023 08:06:54 +0000 en-GB hourly 1 https://londonlovesbusiness.com/wp-content/uploads/2020/07/LLB-favicon.jpg Retail & High Street News | Online Retail | LondonLovesBusiness https://londonlovesbusiness.com/business-news/business/retail/ 32 32 M&S Food find Brits waste 50 million hours each year in the wine aisle https://londonlovesbusiness.com/ms-food-find-brits-waste-50-million-hours-each-year-in-the-wine-aisle/ Sat, 09 Sep 2023 08:00:56 +0000 https://londonlovesbusiness.com/?p=142455 Baffled Brits are collectively pouring millions of hours down the drain each year trying to decide which wine to buy, according to new research from M&S Food, despite 80 per…

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]]> Deliveroo and Gopuff team up to deliver grocery products across the UK https://londonlovesbusiness.com/deliveroo-and-gopuff-team-up-to-deliver-grocery-products-across-the-uk/ Fri, 08 Sep 2023 05:18:26 +0000 https://londonlovesbusiness.com/?p=142400 Deliveroo, the UK’s leading food delivery platform, has today announced a partnership with instant commerce company Gopuff to expand its grocery delivery offering to thousands of customers across the UK.…

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]]> GMB Union ‘baffled’ why B&M only wants Wilko’s ‘physical stores’ putting jobs at risk https://londonlovesbusiness.com/gmb-union-baffled-why-bm-only-wants-wilkos-physical-stores-putting-jobs-at-risk/ Thu, 07 Sep 2023 14:00:34 +0000 https://londonlovesbusiness.com/?p=142383 The GMB Union has criticised B&M owner for only wanting to buy the “physical stores” and not wanting to take on around 1,000 Wilko workers. PwC was hired to oversee…

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]]> Aldi on the hunt for more locations to build 500 new stores amid ‘huge demand’ https://londonlovesbusiness.com/aldi-on-the-hunt-for-more-locations-to-build-500-new-stores-amid-huge-demand/ Thu, 07 Sep 2023 13:52:11 +0000 https://londonlovesbusiness.com/?p=142381 The discount retailer Aldi has said that they want to open 500 more stores to meet the “huge demand” as shoppers are switching supermarkets to find cheaper prices amid the…

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]]> Food inflation in hospitality slows slightly as retail prices begin to fall https://londonlovesbusiness.com/food-inflation-in-hospitality-slows-slightly-as-retail-prices-begin-to-fall/ Thu, 07 Sep 2023 06:44:01 +0000 https://londonlovesbusiness.com/?p=142306 Inflation as measured by the CGA Prestige Foodservice Price Index fell marginally to 21.7% year-on-year in July. Despite the slight fall of 0.9 percentage points, inflation remains only just below…

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]]> B&M agrees to acquire 51 Wilko sites in a deal worth up to £13 million https://londonlovesbusiness.com/bm-agrees-to-acquire-51-wilko-sites-in-a-deal-worth-up-to-13-million/ Tue, 05 Sep 2023 09:52:57 +0000 https://londonlovesbusiness.com/?p=141628 Following the collapse of Wilko B&M has done a deal with administrators to buy up to 51 stores in a deal worth up to £13 million. Administrators are also in…

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]]> Here’s when it’s the cheapest time of year to buy school items… and it isn’t summer  https://londonlovesbusiness.com/heres-when-its-the-cheapest-time-of-year-to-buy-school-items-and-it-isnt-summer/ Tue, 05 Sep 2023 05:09:27 +0000 https://londonlovesbusiness.com/?p=141589 New data from e-commerce accelerator Pattern reveals that consumers should avoid purchasing back-to-school items in August and September, the months leading up to the start of term, to get the best…

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]]> Thousands of redundancies to start at Wilko despite of hops of a rescue deal https://londonlovesbusiness.com/thousands-of-redundancies-to-start-at-wilko-despite-of-hops-of-a-rescue-deal/ Mon, 04 Sep 2023 11:38:07 +0000 https://londonlovesbusiness.com/?p=141451 Thousands of redundancies are to start this week as the failed retailer Wilko even though parts of the company could remain. Wilko’s Worksop and Newport warehouses are due to start…

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]]> What employees and customers need to know about rights as last-minute bid for Wilko collapses https://londonlovesbusiness.com/what-employees-and-customers-need-to-know-about-rights-as-last-minute-bid-for-wilko-collapses/ Fri, 01 Sep 2023 07:11:15 +0000 https://londonlovesbusiness.com/?p=141249 According to The Sun in an exclusive article, the potential purchase of Wilko, one of Britain’s biggest family-owned store chains, has fallen through after the retailer collapsed into administration earlier…

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]]> Leadenhall Market continues to expand food and drink portfolio with more openings https://londonlovesbusiness.com/leadenhall-market-continues-to-expand-food-and-drink-portfolio-with-more-openings/ Fri, 01 Sep 2023 05:15:14 +0000 https://londonlovesbusiness.com/?p=141227 Leadenhall Market is to welcome two more tenants this September, with the opening of Danish coffee project Hagen and Japanese soul food restaurant Rainbo, adding to the three new food…

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