Dunelm’s robust begin to fiscal 2019/20 continued into its second quarter, with the retailer holding its personal in a difficult house items market.
Aldi mentioned demand for its vary of Champagne and Prosecco helped UK gross sales throughout the vacation interval rise to greater than £ 1 billion for the primary time.
French startup SimpliField closed an $ 11 million Collection A funding spherical, led by 5 Elms Capital.
The Petersfield bookstore was flooded with clients after revealing on Twitter that it had not acquired any paying clients on Tuesday the 14th.
Fantasy and science fiction creator Neil Gaiman retweeted the publish to his tens of millions of followers and voila, orders price over £ 1,000 arrived.
Coniq closed a £ 6.four million funding spherical, led by Guinness Asset Administration and Maven Capital Companions.
Tender Robotics closed a Collection B funding spherical, elevating $ 23 million co-led by Calibrate Ventures and Materials Impression and together with current sponsors Honeywell, Hyperplane, Scale, Tekfen Ventures, and Yamaha.
AppsFlyer introduced a $ 210 million Collection D spherical led by Normal Atlantic.
New Zealand automated cost startup IMAGR raised $ 9.5 million in a pre-Collection A funding spherical led by Toshiba Tec Company.
Bond, the e-commerce supply startup, closed a $ 15 million funding spherical involving Lightspeed Enterprise Companions, MizMaa Ventures, and TLV Companions.
Dangerous month for …
Aldi was criticized for paying an influencer to participate in a problem the place she fed her household of 4 for every week at a £ 25 store.
GAME turned the primary main UK retailer to announce retailer closures in 2020, following a brutal 2019 that noticed workers cuts like Debenhams, M&S and Topshop.
The Data Commissioner’s Workplace hit Dixons Carphone with a high quality of £ 500,000 for a hack focusing on tens of millions of buyer accounts.
2019 was the worst yr on document for UK retailers and the primary to point out an general decline in gross sales, in line with analysis by BRC and KPMG. Complete gross sales for 2019 decreased zero.1%, in comparison with 1.2% development in 2018.
The American restaurant chain Landry revealed a PoS malware assault that lasted for months.
Morrisons reported a 1.7% drop in comparable gross sales of non-fuel merchandise for the Christmas and New Yr vacation interval.
Product sales at John Lewis & Companions fell 2.three% to £ 1.13bn yoy and have been down 2% like-for-like within the seven weeks to January four. At Waitrose, product sales excluding gasoline fell 1.three% to only over £ 1bn, because of retailer closures, however have been up zero.four% like-for-like.
A mistake by Ted Baker prompted stock on his steadiness sheet to be overestimated by £ 58 million.
McDonald’s introduced Simply Eat as its second supply associate within the UK and Eire.
It was a blow to Uber Eats, which misplaced the unique rights to make round 15 million McDonald’s deliveries annually within the UK.