COVID-19

Weekly Round Up... 29 September, 2020

There is no need for shoppers to panic buy grocery supplies after Britain imposed new restrictions to stem a second wave of COVID-19, the boss of Tesco, th...

High Street Baker Greggs To Cut Jobs As Outlook Uncertain

British baker Greggs said its sales improved in September after a slow August, but cautioned that the outlook was uncertain because of COVID-19 a...

UK Shopper Numbers Dented By New COVID-19 Curbs

Shopper numbers across all British retail destinations fell by 3% last week compared to the previous week, dented by the government imposing new curbs to s...

Aldi UK To Invest €1.4 Billion In Operations As Profits Rise

The British arm of discounter Aldi plans to invest €1.43 billion (£1.3 billion) over the next two years as it reported a 49% increase in 2019 pr...

Baking, Cereal Demand Boosts General Mills' Sales, Shares Rise

General Mills Inc beat sales and profit estimates for the first quarter on Wednesday, as people stuck at home due to the COVID-19 pandemic stocked up on it...

Tesco Boss Tells UK Shoppers Not To Panic Buy After New COVID Curbs

There is no need for shoppers to panic buy grocery supplies after Britain imposed new restrictions to stem a second wave of COVID-19, the boss of Tesco, th...

Shell Launches Major Cost-Cutting Drive To Prepare For Energy Transition

Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and foc...

Coca-Cola Bottlers Are Feeling Flat, Even As US Grocery Sales Sparkle

Martin Williams' great-grandfather founded their Coca-Cola distribution business in Corinth, Mississippi, in 1907, just a handful of years after Coke...