Deliveroo shares close down 26% on first day of trading
Shares in Deliveroo closed down 26.3% on its first day of trading on the London Stock Exchange, having earlier seen falls of 30% during...
Sales drop by nearly a fifth at Boots as Covid weighs on retailers
Sales at pharmacy chain Boots have dropped by nearly 18% in the UK, the company’s parent revealed on Wednesday.
The drop was caused by the...
Vaccine passports could see ‘legal concerns’, retail and hospitality chiefs warn
Hospitality and retail bosses have warned that the use of vaccine passports or certification for customers entering venues could face “legal concerns” and create...
Deliveroo shares flop as £2bn wiped off value in London float
Shares in Deliveroo plummeted by as much as 30% as it made its highly-anticipated launch on the London Stock Exchange.
Around £2 billion was wiped...
Shop prices continue to fall as lockdown leads to heavy discounting
Shop prices continued to fall in March as the third consecutive month of lockdown led many retailers into heavy discounting, figures show.
Overall prices fell...
Easter egg sales soar as consumers prepare for celebrations
Consumers are planning for Easter with renewed enthusiasm if sales of chocolate eggs and hot cross buns are anything to go by.
British households had...
About 117 million fewer supermarket trips made compared with year ago
Grocery sales rose 7.4% in the 12 weeks to March 21 in a marked slowdown compared with previous months, according to new data from...
Burberry launch virtual replica of its flagship Ginza store
In Burberry’s latest venture in digital innovation, the luxury fashion house has collaborated with ELLE Digital Japan to create an interactive virtual replica of...
Used car seller Cazoo to float in £5bn New York listing
UK online car seller Cazoo has agreed to float on the stock market in New York in a listing that will value it at...
OnBuy hires ex-eBay director as first Chief Commercial Officer
OnBuy.com has announced the appointment of Mark Lister as Chief Commercial Officer as part of a series of C-suite hires.
Mark Lister brings over 20 years’...