John Lewis warns of zero first-half profit - Ashdale Business Consulting

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John Lewis warns of zero first-half profit

June 27, 2018

  John Lewis Partnership, which owns John Lewis department stores and the Waitrose supermarket chain, has warned that profits in the first half of the year will be “close to zero”. Last year the group made £26.6m in the first half, and blamed heavy investment for this year’s expected fall. The company also warned over Read More…


CO2 shortage: Tesco-owned Booker restricts beer sales

June 27, 2018

  Food wholesaler Booker is rationing beer and cider because of a shortage of CO2 used in carbonated drinks. The Tesco-owned retailer, which is used by bars, restaurants and traders, is capping customers to 10 cases of beer, and five of cider or soft drinks. It is more evidence that a scarcity of CO2 is Read More…


Costa UK coffee sales fall by 2%, says owner Whitbread

June 27, 2018

  Costa has blamed a lack of shoppers on the High Street for a fall in like-for-like sales at the start of the year. The nation’s biggest coffee chain reported a 2% fall in like-for-like sales in the first three months of the year. However, total UK sales growth were up by 5.2% thanks to Read More…


Heineken takes minority stake in UK’s Beavertown Brewery

June 25, 2018

  Dutch brewer Heineken will take a minority stake in Beavertown Brewery to give the London-based craft beer maker the £40m it needs to build a new brewery and visitor site. Beavertown, founded by Logan Plant, the son of British rocker and Led Zeppelin frontman Robert Plant, announced the deal on Thursday, ending weeks of Read More…


Morrisons brings back paper bags in latest fight against plastic

June 25, 2018

  Morrisons has started selling fresh produce in old-style paper bags, rather than plastic ones, as it tries to cut the use of plastics. The supermarket chain, the UK’s fourth largest, says it will mean 150 million fewer plastic bags are used each year. Prime Minister Theresa May has called plastic waste “one of the Read More…


An end to cheap booze? Minimum alcohol price law passed

June 21, 2018

  The cost of cheap, strong alcohol is set to rise in Wales under a new law. Legislation allowing for a minimum price per unit of alcohol was approved by AMs on Tuesday. If the price is set at 50p, it would mean a can of cider would cost at least £1 and a bottle Read More…


Heineken’s Amstel and Smiths beer hit by CO₂ supply shortage

June 21, 2018

  Supplies of Heineken’s John Smith’s Extra Smooth and Amstel kegs have been hit by an industry-wide shortage of carbon dioxide. The CO₂ shortfall is leaving beer and soft drinks makers high and dry just as the World Cup and barbecue season get under way. Seasonal manufacturing shutdowns have left the UK with only one Read More…


Tesco says growth ‘on track’ as sales rise again

June 15, 2018

  Tesco says its growth plans are on track after it reported a 10th consecutive quarter of rising sales. UK like-for-like sales, which strip out the impact of new stores, rose 2.1% in the 13 weeks to 26 May. The supermarket giant said sales had recovered after being affected by bad weather conditions in March. Read More…


European fruit pickers shun Britain

June 6, 2018

  Recruitment agencies are warning that they cannot secure the number of workers needed by British farmers to pick their fruit and vegetables. Over half of recruitment companies could not find the labour even in the “quiet” first months of this year, the Association of Labour Providers says The National Farmers Union reports that last Read More…


Carluccio’s restructuring could see dozens of restaurants close

June 1, 2018

  Carluccio’s will go ahead with a restructuring programme that could see dozens of restaurants closed. Some 91% of creditors approved the Company Voluntary Agreement (CVA), which allows the business to reduce rents while negotiating with landlords. It is thought around 30 restaurants could close, putting 500 jobs at risk. The Italian food business, founded Read More…