Logistics

Asda appoints new president of food and GM supply

Asda has announced the appointment of Gavin Chappell as vice president of food and GM supply from April. The appointment…

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Zalando sees FY24 revenues surge to €10.6bn

Zalando has reported that its revenues saw a 4.2% increase year-on-year to €10.6bn (£8.9bn) in FY 2024, despite what it…

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Today’s news in brief-4/3/25

The Competition and Markets Authority (CMA) is close to approving Topps Tiles’ £9m acquisition of CTD Tiles after both companies…

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Greggs sales surge to £2.01bn in FY24

Greggs has surpassed the £2bn mark as its sales increased 11.3% to £2.014bn, with LFL sales in company-managed shops up…

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Ocado to cut R&D roles as losses narrow

Ocado has revealed it is set to reduce its research and development (R&D) workforce both in the UK and globally…

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Just Eat acquired by Prosus for €4.1bn

Global technology company Prosus has announced it has reached a conditional agreement to acquire Just Eat Takeaway for €4.1bn (£3.4bn)…

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Today’s news in brief-18/2/25

Shein has maintained strong growth despite recent challenges, including the US removing duty-free status for low-value ecommerce packages from China…

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Lidl to become first supermarket to sell on TikTok shop

Lidl has announced that it is set to become the first British supermarket to sell products on TikTok shop. From…

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Shein chairman says growth ‘remains strong’ despite tariff woes

Shein’s executive chairman, Donald Tang, has reportedly reassured shareholders that the company’s growth “remains strong”, even after the US removed…

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Today’s news in brief-11/2/25

Fast fashion giant Shein has scrapped plans to open a UK warehouse in the Midlands, initially intended to support its…

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