Questor: difficult market conditions ahead convince us to bank JD profits now for the win

Director dealings are an important consideration for some investors. After all, directors are likely to know more about the state of the company they work for than anyone else. Moreover, their buy-and-sell decisions are made using their own cash. As... Read more

‘John Lewis tempted me with a £100 voucher – then refused to honour it’

Has a company treated you unfairly? Our Consumer Champion is available to help. For how to contact her click here.   Dear Sally, In November, I purchased a television set from John Lewis for £1,499 and thereby qualified for a £100 gift... Read more

Meet the boss of Europe’s biggest super-fast grocery service – who still gets on his bike to make deliveries

Last year, GoPuff acquired two smaller UK start-ups, Dija and Fancy before launching in Britain, and in November, Getir acquired Weezy. Gorillas, for its part, recently entered exclusive talks to buy France’s Frichti. “It’s super easy to say ‘Okay, we... Read more

Waitrose scraps free newspapers for loyal customers

Waitrose is scrapping its free newspaper offer for loyalty card customers after it emerged it is pushing up prices three times faster than rivals. In an email to customers on Thursday, the supermarket said that members of its myWaitrose scheme... Read more

No end in sight for attack of the Aldi clones

Shoppers, meanwhile, can be comforted by familiar-looking products, and they are more likely to buy something if they know what to expect. Products that resemble established brands will likely sell better and in greater volume.  Goddard says the issue with... Read more

George Soros’s lieutenant cuts stake in AO World

A billionaire lieutenant of the “man who broke the Bank of England” has begun selling down his multi-million-pound stake in AO World in a new blow to the online retailer.  Nicholas Roditi, dubbed George Soros’s “most trusted adviser”, has reduced... Read more

Marks & Spencer and Aldi call a truce in Colin the Caterpillar cake war

Marks & Spencer has settled a copyright row with Aldi over its Colin the Caterpillar cake after the German discounter altered the appearance of a lookalike version. The spat between the two retailers made headlines in April when M&S logged... Read more

Tesco abandons its Jack’s stores but braces for battle with the discounters

Clive Black, a retail analyst at Shore Capital, says: “Tesco’s proposition has moved on and into the mainstream of the business.  “The two phases of the Aldi price match are a much bigger commitment to facing down the core challenges... Read more

Fake Amazon review ring shut down by High Court in legal first

A fake Amazon review ring run from Germany has been shut down for the first time following a legal challenge in the British courts. The High Court has issued injunctions against three companies that offered to boost Amazon sellers’ star... Read more

Pandemic puts the spice back into Ann Summers

Jacqueline Gold, chief executive of Ann Summers, is in a conciliatory mood. She’s on a comeback.  Three years ago, Gold went to war with a small band of landlords over high rents amid a dramatic shift to online shopping and... Read more

Free bacon sandwiches and coffee to lure commuters back on the railways

Commuters will be offered free bacon sandwiches and coffee as part of a government charm offensive to get Britons back on the railways. A commuter rewards website is being launched that will also offer free audiobooks and discounted theatre tickets.... Read more

ONS inflation overhaul to fall short of food poverty campaigner Jack Monroe’s demands

The campaigner is setting up her own index tracking the price of the basic ranges at supermarkets with the help of an army of Twitter followers, known as the Vimes Boots Index, in a reference to Discworld author Terry Pratchett.... Read more

Can’t find your way around the supermarket? M&S has an app for that

But, as with much new technology, there are teething problems. The app is only available on iPhones so far and only works when connected to the store’s WiFi. And, in a demonstration in the store on Wednesday, it failed to... Read more

Boots’ shabby stores are not the only disappointment facing suitors

After umming and ahhing for several months, Walgreens, the Chicago-based retailer that owns Boots, last week finally confirmed what the City had known for some time. Bosses said that they were “reviewing options” for the 173-year-old company. Flanked by Wall... Read more

Peloton shares slide on production pause report

Peloton shares tumbled more than a quarter on Thursday after a report said the company was pausing production of its bikes and treadmills. The company plans to halt production of its £1,350 internet-connected bikes in February and March, CNBC reported,... Read more

Unilever rules out raising £50bn Glaxo bid after ‘torrent of criticism’

GSK is planning to float its consumer division, which makes items such as Panadol pain relief and Nicorette, and has rebuffed three offers by Unilever to buy it. Unilever’s refusal to pay more means any deal is unlikely to go ahead. Mr Jope... Read more

Start-up plans driverless deliveries for Ocado and Asda this year

“The approaches today, mostly by the trillion-dollar technology organisations you see in North America, revolve around an approach that is based on high definition maps, hand-coded rules, and complex sensor systems that tell the car how to drive,” he said.... Read more

Prince of Protein’s excuses are wearing thin at THG

The problem once again is one of expectation versus reality, and the flimsy explanations provided for the gap between the two. With profit margins failing to meet analyst forecasts, and a warning that 2022 could be more challenging than anticipated,... Read more

Unilever’s Glaxo quest leaves investors reaching for the painkillers

And to keep its “financial discipline” Unilever plans to sell off its lower-growth food brands – Marmite, Hellmann’s and Ben & Jerry’s are all facing the chop to fund any potential deal.  Jope has stressed GSK’s business is just “one... Read more

Glaxo courts Qatar and Singapore to head off £50bn Unilever swoop

GlaxoSmithKline is courting the sovereign wealth funds of Qatar and Singapore as cornerstone investors in a listing of its £50bn consumer business as it seeks to head off a risky takeover by Unilever. The FTSE 100 pharmaceuticals titan will formally open... Read more

Issa brothers plot multi-billion bid for Boots

Asda’s owners, the billionaire Issa brothers, are examining a multi-billion pound swoop for pharmacy chain Boots as tightening debt markets may threaten to scupper a potential deal.  The Blackburn-based petrol station tycoons have held early-stage discussions over the possibility of... Read more

Unilever faces £14bn hurdle to sweeten Glaxo bid

Martin Deboo at Jefferies said boosting the offer to a £55bn all-cash bid would lift the cost and debt for Unilever to a “prohibitive amount”.  Unilever would be forced to either tap investors by raising £14bn or by borrowing and... Read more

How it all went wrong for Farmdrop

Pugh, who stepped down as chief before the pandemic, seemed sure the company would emerge from Covid as a winner.  On a podcast last February, he said: “There is so much hairy stuff going on out there, and there is... Read more

Next cuts sick pay for unvaccinated staff exposed to Covid

Next is cutting sick pay for unvaccinated workers who must isolate after being exposed to Covid.  The retail giant said it was an “emotive topic” but had decided to dock pay to protect the needs of its staff and shareholders... Read more

Marks & Spencer hails turnaround success after bumper Christmas sales

Asked if high street stores were in a state of managed decline, Mr Rowe said: “Overall, the trajectory is for a third of the [clothes] business to be online… one day it will be 50pc, we continue to see it... Read more