Chinese marketplaces are rapidly gaining traction in the UK and challenging traditional retail giants, with 60% of Brits making purchases from at least one in the past year, according to…

The post Concerns raised for small retailers as Brits make a massive shift to cheap Chinese shopping sites appeared first on London Business News | Londonlovesbusiness.com.

The boss of the discount supermarket Aldi has said he is “optimistic” there will be more prices falling by Christmas as inflationary pressures are now easing. The German supermarket chain…

The post Aldi boss ‘optimistic’ there will be more prices falling by Christmas appeared first on London Business News | Londonlovesbusiness.com.

Aldi has reported a surge in sales and profits and as such have revealed plans to spend £800 million in an expansion programme across the UK. Aldi are to open…

The post Aldi reveals plans for £800 million expansion across UK appeared first on London Business News | Londonlovesbusiness.com.

More than 60,000 Asda workers take their case to the Employment Tribunal today in the largest ever private sector equal pay claim. In Manchester, dozens of Asda workers are set…

The post Asda workers demonstrate as landmark equal pay claim begins appeared first on London Business News | Londonlovesbusiness.com.

Cutting staff hours has lead to lower standards and a loss of customer trust and Asda’s declining market share is entirely down to its majority owners TDR Capital, GMB Union…

The post Due to ‘failed financial engineering’ Asda’s market share has plummeted appeared first on London Business News | Londonlovesbusiness.com.

According to analysts at Kantar grocery price inflation has increased for the first time since March 2023 as supermarket prices rose by 1.8% over in the month to August, compared…

The post Grocery price inflation increases appeared first on London Business News | Londonlovesbusiness.com.

Continued rioting and public unrest across the UK at the beginning of last week led to a significant 4.8% decline in the number of shoppers visiting High Streets, as some…

The post Riots led to a 4.8% decline in high street footfall and 2.5% jump in home deliveries appeared first on London Business News | Londonlovesbusiness.com.

Pret A Manger has been revealed as the high street coffee chain with the biggest price hikes on their drinks in the past half decade, with their most popular drinks…

The post Pret A Manger prices soar by average of 57% in last five years appeared first on London Business News | Londonlovesbusiness.com.

The latest quarterly figures (Q4 covering January to March 2024) released by Network Rail Property have revealed a like-for-like (LFL) retail sales increase of +10.3% across its retail portfolio of…

The post Network Rail retail sales up 10% across London stations appeared first on London Business News | Londonlovesbusiness.com.

Britain’s leading managed restaurant groups have recorded the strongest growth in delivery sales since the end of COVID-19 restrictions, CGA by NIQ’s latest Hospitality at Home Tracker reveals. The exclusive…

The post Cool weather and Euros boost restaurant groups’ delivery sales in June   appeared first on London Business News | Londonlovesbusiness.com.