Author: Sam Allcock

Morrisons continues to show strong sales momentum in its third quarter, largely driven by increased focus on customer loyalty and availability.The supermarket reports a 2.9% increase in like-for-like sales, showcasing a slight dip from the previous quarter’s growth of 4.1%.Total sales reached £3.9bn, a 2.1% growth compared to the last quarter’s figure of £3.8bn, highlighting an effective volume-driven strategy.Key developments include improved availability through AI technology and an expanded range of price-matched products at competitive rates.Morrisons’ strategic property deal aims to significantly reduce debt, demonstrating proactive financial management.Morrisons has reported continued robust sales momentum during its third quarter, emphasising its…

Primark marks its 50th anniversary on the UK high street, showcasing a legacy that began in 1974.Founded by Arthur Ryan, Primark’s journey started in Dublin in 1969 as ‘Penneys’.The expansion into the UK began with its first store in Derby, followed by significant growth.Today, Primark operates 185 stores across Britain, employing over 30,000 people.Primark continues to invest heavily in its UK presence, reflecting on past achievements and future ambitions.Primark is commemorating 50 years since it first established a presence on the British high street, a journey that began with the opening of its inaugural UK store on Babington Lane, Derby,…

Asda undergoes another leadership change with the departure of Kristian Horabin, its managing director of commercial business.Horabin joined Asda in 2022, originally serving as vice president of commercial food, before his promotion in 2023.His exit follows significant restructuring within Asda, including the departure of Mohsin Issa from his executive role.Asda continues to appoint new leadership, with recent additions from Morrisons, Iceland, and Lidl to enhance its digital and operational capabilities.The company is navigating a critical phase, marked by strategic personnel shifts intended to bolster its market position.Asda is experiencing another wave of changes in its leadership team, marked by the…

H&M Group reported slow sales for the third quarter, with operating profit reaching SEK 3.5bn (£250m).Net sales were SEK 59bn (£4.35bn) between 1 June and 31 August 2024, compared to SEK 60.9bn (£4.5bn) in the same period of 2023.The company faced challenges due to cold weather in June, impacting key European markets.The autumn collection was well received, with anticipated sales growth in September 2024.New store openings and digital advancements aim to boost sales in upcoming seasons.H&M Group, the Swedish fashion giant, experienced a slowdown in sales during the third quarter, as the company reported an operating profit of SEK 3.5bn…

Dave Antrobus is at the forefront of discussions about artificial intelligence’s role in enhancing the UK’s defence strategy. By leveraging AI’s capabilities, the UK’s defence sector can strengthen its strategic advantage, ensuring better decision-making and operational efficiency. Artificial intelligence offers unprecedented possibilities for innovation within defence systems, providing tools for data analysis, threat identification, and response strategies. AI development in the defence industry encompasses a range of applications, from autonomous systems to cybersecurity measures. Antrobus’s insights highlight how integrating AI into these areas can significantly reshape military operations, reducing risk and increasing effectiveness. His work underlines the necessity of steering…

Trouva’s ongoing payment delays impact numerous boutique partners across the UK and Europe.Retailers report payments delayed since early August, affecting business stability.Trouva cites completion of a new funding round as the reason for payment delays.A first tranche of delayed payments has been processed, with resolutions expected soon.Some affected businesses consider pursuing legal actions over payment issues.The online marketplace Trouva, headquartered in London, has been facing significant backlash from its partner boutiques due to delays in payments. These payments, some outstanding since early August, have caused considerable concern among the over 650 UK and European retail partners involved. Trouva first acknowledged…

Rising sales of instant noodles have been significantly influenced by viral TikTok trends.Ocado reports a 50% increase in instant noodle sales year on year, with ramen varieties leading the surge.Searches for ingredients like chilli oil, crispy onions, and seaweed have also increased markedly on supermarket platforms.TikTok users demonstrate how simple ingredients can transform instant noodles into gourmet meals.Comments from industry insiders indicate a shift in consumer perceptions towards instant noodles as a versatile meal option.Sales of instant noodles have seen a notable increase in recent months, attributed to the influence of viral TikTok trends. Consumers are being introduced to new…

With 21 victories, 30 podiums, 15 pole positions and 860 points, the RB19 is the most dominant car in the history of Formula 1®. Now, for the first time ever, Oracle Red Bull Racing have made Motion Simulators and Show Cars available, authentically reproduced by their partner, Memento Exclusives.  The most dominant car in history deserves the most accurate Simulator and Show Car production process ever devised, and Memento Exclusives’ expert team (made up of engineers and mechanics with decades of experience in motorsport) have been tasked by Oracle Red Bull Racing to be at the helm of the project. …

As more Americans adopt remote work, they’re seeking states that offer the ideal conditions for a flexible lifestyle. With a reliable Wi-Fi connection and a preferred coffee shop, your office can be anywhere. A recent study has named Colorado the top state for remote workers, surpassing other contenders in terms of overall suitability. The study, conducted by the research team at 1 Click Marketing, analyzed download speeds, mobile download speeds, coworking space availability, work-from-home rates, electricity prices, cost of living, noise pollution, crime rates, cybercrime rates, access to pools, and the size of state parks to determine the best states…

As couples get inspired by Anant Ambani’s big day, expert predicts wedding trends for 2025 Key Findings: It was the wedding of the decade; the union of Anant Ambani, the youngest son of Asia’s richest man, and businesswoman and media personality Radhika Merchant. Pre-wedding celebrations included a multi-day cruise around the Mediterranean, while the multi-day wedding itself saw over 14,000 attendees. “We can’t all aspire to the glamour and lavish expense of the Ambani-Merchant wedding, but there are some trends I think we’ll see become popular as a result of the media frenzy around this event,” says Chris Bajda, a…