Analysing the US retail market
Last week the American Retail giant Toys R Us, Inc filed for bankruptcy in North America to help restructure its debts.
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Last week the American Retail giant Toys R Us, Inc filed for bankruptcy in North America to help restructure its debts.
Along with the humble pub and the red telephone box, the corner shop is a quintessentially British institution. However, does recent news that McColls’, the UK’s largest local shop operator, has plunged into administration serve as yet more evidence that times are changing?
Grain Merchant Wellgrain Ltd went into administration earlier this month owning at least £15m to almost 300 creditors.
It is clear that the UK retail market is changing. But before we accept the news that Maplin, Prezzo and New Look are suffering from a brutal winter, let's look at the full picture.
British supermarkets Sainsbury’s and Asda were at the centre of a “shock” merger announced at the weekend which could result in the birth of a new industry giant. The deal would give them a 31% share of the market, overtaking the current leader Tesco.
Coca-Cola are leading the way in showing how major multinationals are having to rethink their bounce back strategy. Killing 200 “Zombie Brands” is a bold but necessary step for the US drinks giant.
Between the never-ending uncertainty of Brexit and the 25% tariffs from ‘Trumps Trade War’, the future has never been more uncertain for the UK’s leading Cheese Makers.
The pandemic period has been the most disruptive in recent economic history, arguably since the Second World War. At every juncture of the last two years businesses of all shapes and sizes, offering a whole spectrum of products and services, have had to adapt and learn to live with economic conditions nobody ever considered as recently as 2019.
This week marks Food Allergy Awareness Week, a scheme created by Food Allergy Research and Education to raise awareness and understanding of food allergies around the world.
New research into the financial performance of the UK Fresh Produce sector has revealed how the industry’s top companies have performed throughout the last 12 months.