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 continued impacts of Covid-19, which is pushing down the number of customers using the UK’s high street stores.
Sales fell 17.8% in the three months to the end of February, even as its website, Boots.com, saw...
Hospitality and retail bosses have warned that the use of vaccine passports or certification for customers entering venues could face “legal concerns” and create enforcement problems for businesses.
Last week, Prime Minister Boris Johnson said pubs and other venues could use vaccine passports, before backtracking slightly to clarify that this may only be introduced once all UK adults have been...
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 off the value of takeaway delivery firm as City traders balked at the flotation.
The company opened trading below 270p per share, having said it would launch its shares as a publicly-listed firm at 390p earlier...
Deliveroo has confirmed that it will be valued at around £7.6 billion in its bumper London listing.
Earlier this month, the takeaway delivery giant said it hoped for a valuation between £7.6 billion and £8.8 billion.
However, it has said it will now price shares at the very bottom of its potential range after a number of leading UK fund managers...
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 by 2.4%, the same rate of decline as in February and below the 12 and six-month average decreases of 1.8% and 2% respectively, according to the BRC-Nielsen Shop Price Index.
Prices of fashion and footwear have...
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 already spent £37 million on hot cross buns and £153 million on eggs by March 21, £48 million more than at two weeks prior to Easter last year, figures from analysts Kantar show.
Last year’s lockdown...
Retailers are increasingly aware that yesterday’s business processes and technologies are hopelessly out of date with retail realities of today – not to mention of the future. The proliferation of competition, both online and brick-and-mortar, the rise of digital-native shoppers and the reality of 24x7 complete transparency were apparent even pre-pandemic. But the global COVID outbreak accelerated the migration...
With the COVID-19 pandemic putting many people’s careers on hold, now has never been a better time to start that business that you always dreamed about. If you’re furloughed, you probably have bucket-loads more time on your hands- which gives you the perfect opportunity to start some serious planning for your new business.
In this new age of technology, ecommerce...
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 Kantar.
Sales were down 3% in the four weeks to March 21 compared with a year earlier – the first comparison with the first national lockdown that saw supermarket shelves stripped bare at the start of...
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 its flagship Ginza store.
Mirroring the physical Burberry Ginza store, the virtual space is built out over three floors: the ground floor offers signature bags including the Olympia, the Pocket and the Lola Bags.
The first floor...
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