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Upmarket frozen food: Iceland hires Blumenthal chefs for new range

Friday 05 February 2016 - Posted by Philip Gallagher

Iceland is seeking to present frozen food in a more upmarket way with the hire of two chefs who were formerly employed by Heston Blumenthal. Chefs Neil Nugent and David Lennox previously worked together on Blumenthal and Delia Smith ranges for Waitrose, eventually creating the “Waitrose Cookery School”. Nugent is also a former executive head chef at Morrisons, where his work included overhaulin...

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Can Mattel and Hasbro share their toys?

Friday 05 February 2016 - Posted by Philip Gallagher

Mattel and Hasbro are in ongoing discussions about a potential merger; one that could create one of the largest toy companies in the world. According to The Telegraph Hasbro approached Mattel towards the end of last year. 2015 was a poor time for Mattel, with sales declining in stark contrast to those of its Scandinavian rival, Lego. Together, Mattel and Hasbro would control some of the world’s...

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MPs pledge to have Oxford St pedestrianised

Friday 05 February 2016 - Posted by Veebs Sabharwal

MPs Sadiq Khan and Zac Goldsmith have committed to the pedestrianisation of Oxford Street in an attempt to reduce pollution and congestion. During the Evening Standard’s mayoral hustings on this week, Khan responded to a question from the New West End Company with: “From Marble Arch to Tottenham Road, you could have squares and boulevards and make it really appealing for people. Crossrail will ...

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M&S collaborates with Alexa Chung to attract younger customers

Friday 05 February 2016 - Posted by Veebs Sabharwal

Marks & Spencer has collaborated with style icon Alexa Chung to create a 31-piece collection which will launch in April. Chung is the British fashion model, TV presenter and Vogue Contributing Editor who inspired the Mulberry Alexa bag - once accountable for 30% of the luxury retailer's sales. Now M&S will unveil a range inspired by its archive and will be called Achieve by Alexa. Last year, Ch...

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Valentine’s Day spend forecast to reach £980m

Friday 05 February 2016 - Posted by Veebs Sabharwal

While consumers believe Valentine’s Day has become too commercial, it is estimated that Britain will spend £980m for it – a £15m increase on 2015. According to research by Verdict Retail, despite more than half of consumers feeling that Valentine’s Day is a waste of money, it has not stopped Britain spending. Last year saw £313m spent on food and drink, £518m spent on gifts, and £135m spent on ...

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Rangers FC wants to give Mike Ashley the boot

Thursday 04 February 2016 - Posted by Philip Gallagher

Rangers FC has given formal notice to Sports Direct that it wishes to end their contract. “The club has formally given notice to end the relationship with Sports Direct,” said David King, Rangers’ Chairman and a recent target of Sports Direct’s lawyers. The sporting goods retailer attempted to have King imprisoned for supposedly breaking a gagging order regarding the club’s relationship with it...

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The cost of good publicity: 25p easyFoodstore cleaned out

Thursday 04 February 2016 - Posted by Philip Gallagher

Britain’s first easyFoodstore was forced to close on Thursday after eager customers cleared its shelves of products priced at 25p. The latest venture from easyJet Founder Sir Stelio Haji-Ioannou was inspired by the widespread use of food banks in the UK. Haji-Ioannou said that he believed there was "a niche below some of the current budget operators such as Aldi and Lidl,” and has priced all it...

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DFS sales increase amidst a "healthy furniture market"

Thursday 04 February 2016 - Posted by Veebs Sabharwal

DFS has recorded a rise in half-year sales on the back of strategic expansion and a “healthy furniture market.” Gross sales for the 26 weeks to 30 January 2016 were up 7% compared to the period in the prior year. The sofa retailer cited subsidiaries Sofa Workshop, Dwell and DFS Netherlands as contributing encouragingly to overall growth. "Given this progress, we have continued to invest operati...

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Superdrug becomes second store to review ‘sexist pricing’

Thursday 04 February 2016 - Posted by Veebs Sabharwal

In riposte to a petition on Change.org, Boots announced on Tuesday that it has immediately lead a review on price differentiations between identical products for male and female consumers, and now Superdrug is following suit. The petition called for Boots to reconsider the cost of items such as eye cream and razors, which were found to be considerably more in the female category than that of th...

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Physical book demand boosts Waterstones sales

Thursday 04 February 2016 - Posted by Veebs Sabharwal

Four years since Waterstones was set to collapse, the bookshop chain has been restored on the back of physical book sales and another multi-million pound investment from its Russian owner. The retailer, which was sold by HMV to Russian businessman Alexander Mamut in 2011, has ploughed an additional £8.3m into improving its shop environment and infrastructure. This is on top of the £50m Mamut's ...

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