Tag: sales
Greggs sales lag in cities amid shift to working from home
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Greggs has revealed that its sales in large cities and locations near offices are lagging behind those elsewhere in the UK as a result of the shift to home working. Roger Whiteside, the outgoing chief executive of the...
Business class travel helps post-pandemic airline sales take off
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It was proclaimed moribund, if not doomed, just a year ago. But now, is business class air travel taking off again? British Airways’ owner IAG, forecasting a return to profit this year, said that a strong recovery in ...
Pfizer accused of Covid profiteering as first-quarter sales hit $26bn
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Pfizer has made nearly $26bn (£21bn) in revenues in the first three months of the year, the bulk from its Covid-19 vaccine and new pill to treat the virus, prompting fresh accusations of pandemic profiteering. Covid v...
Sarah Ferguson to replace Leigh Sales as host of ABC’s 7.30 program
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Investigative reporter Sarah Ferguson will replace Leigh Sales as the presenter of ABC nightly current affairs flagship, 7.30, in July. Ferguson, who has been reporting from Washington DC for two years, is a forensic ...
Johnson & Johnson shareholders called on to end talc baby powder sales
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Women’s health groups are calling on Johnson & Johnson’s largest shareholders to force the company to end all sales of its controversial talc-based baby powder and hire an independent firm to conduct a racial just...
‘Today is absolutely historic’: legal marijuana sales roll out in New Jersey
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For customers at the Apothecarium dispensary, one of 13 medicinal marijuana stores in New Jersey, 4/20, the unofficial celebration of all things marijuana, came a day late. On Thursday, 21 April, recreational use of c...
‘Holding the artist to ransom’: musicians struggle to break even as venues and Universal cream off merch sales
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In early March, when the British post-punk band Dry Cleaning played the O2 Forum in London, ticketing company Dice informed fans that, counter to usual practice, no merchandise would be sold at the venue. Instead, a p...
Absentee owners buying up Scottish estates in secret sales
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A majority of Highland estates that changed hands last year were sold in secret, and nearly half went to absentee owners rushing to buy rural land for environmental reasons, a report has revealed. The Scottish Land Co...
Retail sales slide as UK consumer confidence sinks to record low
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Growth in UK retail sales slowed last month as fears over the rising cost of living led to the sharpest drop in consumer confidence since the 2008 financial crisis, according to industry data. The British Retail Conso...
Covid pushes UK video games market to record £7bn – but games sales fall
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The UK video games market hit a new record of £7.16bn last year as the pandemic continued to fuel an unprecedented boom in home entertainment, with gamers rushing to stock up on new consoles and virtual reality kit ev...
‘Our top search term is nuclear’: US bunker sales soar as anxiety over Russia rises
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Gary Lynch is the CEO of Rising S Company in Texas. When I first visited his warehouse in 2018, I watched his crew assemble, deliver, and bury a handful of bunkers in people’s backyards every month. The bunkers are th...
Retail sales fall in Great Britain as storms and cost of living crisis hit habits
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Retail sales in Great Britain fell unexpectedly in February as consumers switched spending to eating out more after the economy reopened, while storms also deterred people from hitting the shops. Official figures show...
UK firms hike prices at record pace and retail sales slide as inflation bites – business live
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Rolling coverage of the latest economic and financial news
JD Wetherspoon to raise prices as pub sales continue recovery
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The boss of JD Wetherspoon has warned of increased costs caused by the rising price of food and drink products and soaring energy bills, as the pub chain cut losses and said business was close to returning to pre-pand...
Ocado reports sales fall as shoppers resume pre-Covid buying habits
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Ocado said sales dropped in its first quarter as shoppers returned to pre-Covid buying habits, and warned it was difficult to predict what the impact on business would be of rising food prices coupled with the cost of...
British American Tobacco halts Russia sales after U-turn
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British American Tobacco has reversed its decision to continue selling cigarettes and other nicotine products in Russia, putting the sudden change of heart down to its “ethos and values”. The owner of brands including...