Tuesday, 29 May 2018

Pepsi x Boohoo

Pepsi has launched a sportswear collection with online retailers Boohoo and Boohoo Man. The collection is made up of matching tracksuits, loungewear and sports tops, aimed at ‘consumers who are as equally interested in fashion as they are sports’. They’re calling it a ‘trend-led, innovative capsule collection intersecting and celebrating art and sport’. The designs are inspired by artwork from five up-and-coming artists from around the world – DIYE from Argentina, Bicicleta Sem Freio from Brazil, DXTR from Germany, Kim Sielbeck from the US, and Iain Macarthur from the UK. The collection is part of Pepsi’s global #LiveItLoveIt campaign, which saw them sponsor the 2018 Champions League Final. Is this the future of fashion collaborations? 

Robo Farmers

Harvesting soft fruit mechanically represents a huge challenge - each berry needs to be located, even if it's behind a leaf, assessed for ripeness and then harvested and boxed with enormous care to avoid bruising.But recent developments in visual sensor technology, machine learning and autonomous propulsion have brought the goal within reach. A shortage of migrant fruit-pickers is driving demand for robotic alternatives, say strawberry producers. Some of these prototype machines pick, others snip, but all claim to be as good as humans.Robots can operate at all times of the day or night - harvesting during the chillier night hours can dramatically lengthen shelf life and avoid bruising. But developers emphasise the motivation is not to replace migrant labour with cheaper, more efficient robots. In fact, it's not proving easy to replicate the standards that human pickers deliver.

Worst High Street Shop

WH Smith has been voted the worst retailer on the UK High Street in a survey of more than 10,000 consumers. Customers complained the shops were out-of-date, products were expensive and staff were rude in the survey by consumer group Which? Cosmetics chain Lush, discounter Savers and toy chain Smyths Toys came top in the survey, which asked shoppers for their thoughts on about 100 retailers.It is the eighth year in a row that WH Smith has been ranked in the bottom two of the survey. Despite the criticism, WH Smith is successfully managing to drive sales at its travel stores higher. Revenues at its outlets at railway stations and airports overtook those of its High Street stores for the first time last year.

Monday, 21 May 2018

Whey Aye Wheel


Europe’s biggest wheel could be built on the Tyne as part of a £100m development which would transform the Quayside’s iconic skyline. The observation wheel - named ‘Whey Aye’ - would even dwarf the London Eye. It’s the centrepiece of an ambitious development which could create 550 jobs and breathe new life into an empty part of the Quayside. “This is the most exciting project in the UK at this moment,” claimed Nigel Hartley, who works for World Wheel Company. “I think this is going to enhance what is one of the greatest Quayside views in the world.” The privately-funded development would take between 18 and 24 months to build and could be complete in late 2020.It would be built on the site of the former Spillers’ Flour Mill, which was demolished in 2011 and has lain vacant since. The development would also have bars, restaurants and family attractions including football pitches, tennis courts and a virtual golf course - featuring real bunkers. The highlight, however, is a virtual reality attraction named the Giants of the North Experience. Guests will be transported through Tyneside’s history - including ship building and mining - before experiencing thrills such as walking out to Local Hero at St James’ Park. Construction contracts worth £20m will be put out to tender for local firms.

Sunday, 20 May 2018

Mothercare Closures

Mothercare has confirmed it is closing 50 stores as part of a rescue plan, a move that will put 800 jobs at risk. The baby products retailer said it was in a "perilous" financial position.The store closures will leave it with 78 outlets in the UK by 2020. The retailer has already nearly halved its store numbers over the past five years. It had intended have 92 outlets by 2023, but has now accelerated its closure plans and will have just 73 by that year. The company plunged to a £72.8m loss in its most recent financial year, as it took hefty charges to pay for closing stores and reorganising the business. Mothercare saw falling numbers of shoppers in the second half of the financial year and had to discount to try to stimulate sales. However, over the year as a whole, like-for-like sales fell 1.3%. What is causing the problem at Mothercare?

TGI Walk Out

Workers at two branches of the American diner chain TGI Fridays are holding walk-outs over changes they say will cost them hundreds of pounds a month. The firm has introduced a new pay policy, which redistributes customer tips from waiters to kitchen staff. The 24-hour strike will affect branches in Milton Keynes and Covent Garden.The Unite union has forecast a "summer of disruption" by unhappy employees. The firm said it pays its staff fairly and is working to find a resolution. Flagging consumer spending on casual dining combined with rises in the minimum wage are squeezing profits at mid-market restaurants like TGI Fridays. In February the chain introduced a system that takes 40% of tips paid by customers on credit and debit cards for redistribution to back-of-house staff. Unite said the aim was to reduce staff turnover in kitchens by giving them a pay rise without increasing costs. But the union said it would cost waiting staff on the minimum wage up to £250 a month in lost income.

Royal Business

Prince Harry and Meghan Markle’s wedding is anticipated to boost the UK economy by £120 million, research has revealed. Statistics have shown that the royal family has a huge impact on the economy and that the monarchy makes millions for the UK each year. Prince Harry and Ms Markle’s wedding which is due to take place on Saturday in Windsor is expected to cost £32 million but researchers anticipate that their nuptials could boost retail by £120 million due to the hype surrounding it. Merchandise inspired by Prince Harry and Ms Markle is anticipated to give shops a windfall boost of £120 million in 2018, according to research. This includes memorabilia, food and drink, newspapers and books and fashion sales such as bridal wear. There are already spoons, tea towels and cookies inspired by the couple.