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Supermarket11

SUPERMARKETS SALES RISE WITH LIDL AND ALDI STILL SURGING AHEAD

Summer sales of supermarket groceries rose by 0.3%, with German discount chains Lidl and Aldi showing the largest gains in market share, according to industry data. Market researcher Kantar Worldpanel said the rise in the 12 weeks to 14 August was boosted by the warm weather. Lidl and Aldi recorded sales growth of 12.2% and […]

Contactless payment

CONSUMERS’ USE OF CONTACTLESS SOARS AS PHYSICAL CASH GOES OUT OF FASHION

People are swiping their card rather than splashing the physical cash these days as new figures reveal payments made with contactless technology have already overtaken the amount spent in the whole of 2015. Just over £9bn was spent using contactless in the first half of the year compared to £7.75bn in the t entire of […]

Rio Olympics Scammers

A THIRD OF OLYMPIC SPONSORS FAIL TO GAIN RECOGNITION FOR THEIR SPEND

Despite a huge amount of expenditure on brand sponsorship of the Rio Olympics, there is little sign of this boosting brand awareness through association to the Games, according to Opinium Research’s brand tracker study. As the hugely successful GB Olympic team flew back to home ground, Opinium Research reveal which brands have seen the most […]

39402698 - closeup of union jack flag

BREXIT WHAT BREXIT? HOUSEBUILDER PERSIMMON REPORTS HUGE PROFITS SURGE

Housebuilder Persimmon has reported a 29% jump in first-half profits and said customer interest since the Brexit vote has been “robust”. Pre-tax profits in the six months to the end of June were £352.3m. The company said its private sale reservation rate since 1 July was 17% higher than at the same time last year. […]

37563915 - the large car ferry on the sea

CARS ON FERRIES INCREASE AS HOLIDAYMAKERS STEER CLEAR OF AIRPORT HASSLE

The number of cars taken on UK and Irish ferries rose by 4% in July compared with the same month last year, new figures show. Industry body Discover Ferries said good weather and more holidaymakers choosing to “avoid the hassle of airports” contributed to the increase. It released figures which showed 1.14 million cars were […]

Asda

STRUGGLING ASDA SELLS PHOTO BUSINESS TO0 PHOTO-ME IN £5.35MILLION DEAL

Struggling supermarket Asda has offloaded its photo business to Photo-Me International for £5.35 million. The loss-making division consists of 191 photo centres and 172 self-service kiosk sites located in Asda stores. Last year, it racked up a £3.4 million loss on sales of £19.3 million. The deal to sell the business was struck under former […]

60269688 - sheffield, uk - july 10, 2016: the co-operative bank branch in sheffield, yorkshire, uk. the bank is part of the co-operative group employing 70,000 people.

CO-OP BANK WARNS OF CONTINUING LOSSES AMID INTEREST RATE CUTS AND BREXIT IMPACT

The Co-operative Bank has warned that interest rate cuts will hold back its recovery efforts in the wake of the Brexit vote and confirmed it was set to remain loss-making until the end of 2017. Outgoing boss Niall Booker said banks were facing “challenging” times following the UK’s vote to leave the European Union, with […]

52776317 - beautiful freelancer working with a laptop in a desk at home room or office

FAKE PC APP CLAIMS TO BE POKEMON BUT IS ACTUALLLY RANSOMWARE

A new type of ransomware is impersonating Pokemon Go to gain access to users’ computers and con them out of their cash. Researcher Michael Gillespie uncovered the malware, which lures users in to infecting their Windows PCs with the popular game’s name and a Pikachu logo. Once active, it encrypts common file types like regular […]

59285996 - fraud hacking spam scam phising concept

SCAMMERS TARGET NEW UNIVERSITY STUDENTS WITH PHISHING CAMPAIGN

Scammers are targeting new university students by sending them emails claiming to be from the Student Finance England. The Student Loans Company has warned students not to be fooled by the phishing emails and texts, which ask them to update their personal information to receive payments. If they do not, the messages say, they could […]