More and more people have been exchanging their daily trek through London’s transport system for an invigorating bike ride – a trend which accelerated during the Covid crisis with demand for bikes soaring.
Now, with many Londoners facing a post-lockdown return to the office and their usual commute, Swapfiets, which means 'swap bike' in Dutch, is offering an affordable, healthy and...
Takeover regulators have extended the battle for supermarket Morrisons by a further two weeks, giving a US suitor more time to make a bid.
Clayton, Dubilier & Rice will have until 5pm on August 20 to either say what it wants to offer for Morrisons, or to walk away.
CD&R had originally been turned down by the Morrisons board over a...
Asda boss Roger Burnley has left the supermarket giant following the completion of its £6.8 billion takeover.
Mr Burnley announced plans to step down as chief executive in March but originally said he intended to stay at Asda until 2022 when a successor is in place.
The supermarket said on Friday that he has now left his role after a “transition...
The private equity-backed consortium vying to buy Morrisons has increased its bid for the supermarket chain to £6.7 billion amid speculation of a rival bid.
The consortium led by US private equity firm Fortress has increased its previous offer, which had been agreed by management at the Bradford-based retailer, by £400 million.
The bidder said it increased its offer amid “speculation...
The use of the internet has surged to new heights in recent years. With more users searching and making purchases online, businesses are in need of quick information. Data centres are facilities where masses of data can be stored and processed. They are vital in delivering a high performance of service for any business.
Data centres enable the delivery of...
Harvey Nichols has announced the launch of an innovative new luxury resale service in partnership with Reflaunt.
Reflaunt’s mission is to build a world of positive consumption by bridging luxury fashion brands with leading second-hand marketplaces, encouraging consumers to extend the life of their pre-loved items through resale. It boasts the largest second-hand community in the world, with 50 million...
The new boss of Birmingham Bullring landlord Hammerson has laid out a new growth strategy which will see the group seek more opportunities away from retail.
The property giant said on Thursday that it plans to “reinvigorate” its assets and drive growth filling empty retail units with a variety of offers in a bid to improve footfall.
Rita-Rose Gagne, who joined...
Billionaire Mike Ashley is one of the most recognisable men in British business after building a sprawling high street empire and acquiring a football team to boot.
However, the Sports Direct founder is now planning to hand over the reins of his Frasers Group vehicle to his prospective son-in-law.
Mr Ashley is set to pass the position of chief executive of...
Frasers Group has confirmed that it is planning a leadership reshuffle that would see founder Mike Ashley step away from his role as the firm’s top boss.
The parent company of Sports Direct, House of Fraser and Flannels said it is currently proposed that Michael Murray – the retail tycoon’s prospective son-in-law – will become chief executive in May next...
The John Lewis Partnership has said it will raise its lorry driver salaries by £5,000 as the industry continues to face damaging worker shortages.
The group – which runs the John Lewis department store arm and Waitrose supermarket chain – said it will start the increase in annual salaries on Sunday.
Large Goods Vehicle (LGV) drivers employed by John Lewis and...