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Shoppers switch to Aldi and Lidl as cost-of-living crisis bites
Households are turning to the German discounters as inflation soars — hitting 3.8% in the grocery sector
The entrepreneur delivering posh takeaways to rock stars and royalty
Peter Georgiou delivers fancy takeaway from high-end restaurants like Nobu to customers including Peter Gabriel
Company behind ‘siege’ at The Wolseley plans expansion of Benihana
Benihana Holdings, which is owned by Minor International, is opening its first new site since 2019 in Covent Garden
AO World set for European retreat with German ‘strategic review’
AO World launched in Germany in 2014 but has struggled to make it work. Analysts say a retreat is now likely, following an exit from its Dutch business in 2019
Dr Martens stock gets a kicking despite bumper online sales
Shares sunk 14% despite a rise in sales over Christmas
Marks & Spencer sales surge over Christmas
The clothing & home division, long a thorn in the company’s side, enjoyed its second successive quarter of sales growth
Feel the pre-love: How used Hermes handbags became a £15m business
A chance encounter with a Birkin bag helped spark a passion that became a business
JD Sports boss Peter Cowgill ‘questions’ looming tax rises
The comments came as JD Sports upgraded its profit forecasts for the year ahead thanks to strong Black Friday and Christmas trading
Littlewoods owner Very fuels IPO talk with ex-Walmart exec appointment
Dirk Van den Berghe helped run Walmart’s businesses in Canada, China, India and Japan, and oversaw the retail giant’s global sourcing
Lidl stokes looming grocery price war after bumper Christmas trade
The comments comes a day after rival Aldi made a similar price pledge
Sainsbury’s store staff and drivers to get pay rise
Shop workers and drivers at Sainsbury’s will see pay increases later in the year.
Greggs boss Roger Whiteside to leave high street bakery chain
Roger Whiteside is planning to retire from sausage roll seller Greggs, the chain he has led since 2013
UK ‘set to drink nearly 8m pints of low/no-alcohol beer this January’
The estimation comes amid a boom in the low-bev sector
Shoppers return to supermarkets as inflation adds £15 to average bill
Market research firm Kantar said the soaring cost of items like beef, crisps and skincare at supermarkets pushed grocery price inflation to 3.5% in December
Plan B curbs leave nasty taste for Wildwood-owner over Christmas
Industry group UK Hospitality has said December trade at its members’ pubs, bars and restaurants was down 40% to 50% on 2019 levels
Burger King UK launches its first vegan nuggets in time for Veganuary
The UK arm of the fast food chain has 505 stores and is reportedly eyeing a London stock market listing
Victoria Beckham’s beauty sales helps offset fashion downturn
The former Spice Girl’s beauty business enjoyed strong sales in its first year of operation, while her luxury brand suffered a Covid-induced downturn
Aldi reveals plans to recruit over 100 more British suppliers in 2022
The chain is currently pursuing UK expansion alongside rival German discounter Lidl
Hospitality December sales almost half of 2019 levels, says trade body
It comes after the boss of Suffolk-based brewer Adnams warned hospitality is facing the "economic equivalent of long Covid”
Goodbye Topshop, hello Ikea: How Oxford Street transformed in 2021
Businesses on Oxford Street had a difficult year as lockdowns hit trade and a famous flagship closed — but don’t write off the iconic shopping street yet
City Pubs boss: Office worker pubs to shut doors as ‘no one around’
City Pub Group would usually shut its sites on Christmas Eve after colleagues’ farewell drinks
Boohoo slashes sales guidance as higher returns and costs bite
Fashion firm Boohoo has warned of a number of headwinds it is grappling with
VC Balderton makes biggest ever crypto investment into London startup
Ramp says it wants to "bring the benefits of crypto to the many, not the few" in a responsible way
Amazon’s London grocery shop expansion continues with three new sites
Amazon Fresh has launched three more grocery stores in London, bringing its estate in the capital to 15 branches