All Latest News articles – Page 382
-
News
BP reports year-end losses after tragic 2010
BP’s full-year results showed a loss of $4.9 billion, including a total pre-tax charge related to the Gulf of Mexico oil spill of $40.9bn. It also resumed payment of quarterly dividends, which were suspended in June 2010 following the disaster in April. In a press statement the company confirmed its ...
-
News
Businesses ramp up use of fuel cards
High fuel prices are driving an increasing number of businesses to use fuel cards as a means of payment at the pump, according to new research by market analyst Datamonitor.In 2009 the European fuel cards market was valued at €72bn (£60.8bn), and 987 million more litres of fuel is set ...
-
News
Retailers hit by profiteering charge
Fuel retailers have been stung by charges of profiteering, as fuel prices have continued to maintain record levels at the pumps. Stories in the national press have reported that retailers and oil companies are keeping fuel prices high, despite a 2p drop in the wholesale cost of fuel, which ...
-
News
Jonathan James opens eco-friendly site
Former Forecourt Trader of the Year James Graven & Sons has opened a new eco forecourt with Spar convenience store on a greenfield site following an investment of £1.5m.The Spar James Graven store in Littleport, Cambridgeshire, operated by Jonathan James, combines the local name and history of an independent family ...
-
News
RMI Petrol rallies northern retailers
RMI Petrol is calling for retailers to attend its first regional meeting of the year on February 15. Sponsored by Harvest Energy, the meeting will be held at the Best Western Willerby Manor Hotel, close to the A164 junction of the M62 in Humberside. Presentations include updates on business rates ...
-
News
Cost of alcohol move branded unrealistic
The government has missed an opportunity to impose a realistic ban on the sale of below-cost alcohol, as the definition of the cost of alcoholic drinks announced last month will do nothing to prevent the very cheap supermarket promotions that such a ban is intended to address, says the FWD. ...
-
NewsChancellor hints at scrapping fuel duty rise in April
Confusion is mounting as retailers and motorists receive mixed messages from the government about what it intends to do about continually rising fuel prices. On January 27 Chancellor George Osborne told BBC West Midlands that he would consider overriding the next fuel duty increase in April, giving retailers ...
-
News
Former Asda boss Bond joins top indie Euro Garages
Top 50 Indie Euro Garages has appointed the former chairman and CEO of Asda as executive chairman. Andy Bond has invested an undisclosed sum in the business alongside Mohsin and Zuber Issa. Euro Garages operates 70 freehold sites across the North of England and the Midlands, has increased ...
-
News
Tobacco display ban is delayed in Scotland
Scotland’s implementation of the tobacco display ban, due to come into force for larger retailers on October 1, will be delayed because of an ongoing legal challenge. Imperial Tobacco had previously appealed against the provisions of the Tobacco and Primary Medical Services Bill on shop displays but its ...
-
News
Staff turn blind eye to retail crime
One in 10 retail employees has committed a crime or failed to report a crime committed by colleagues against their employer in the last 12 months, reveals new research by G4S Secure Solutions. The most common crime committed by retail employees was consuming produce without paying for it, ...
-
News
in brief
First eco site for NI Minister of the Environment Edwin Poots officially opened the new eco-friendly Spar forecourt in Lagan Valley the first of its kind in Northern Ireland. Located on the Hillsborough Road, the knock-down rebuild development introduced several eco-friendly solutions that ...
-
News
Fuel prices hurt charities
Volunteer drivers say the cost of fuel is putting charities at risk. Drivers have warned charity chiefs that the 40p per mile allowance cannot cover the cost of using their own cars. Hospice drivers and those ferrying the disabled, elderly and vulnerable, have all contacted charity leaders saying ...
-
News
Forecourt resilience
Average convenience retail property prices in the UK increased by 2.1% during 2010, compared to a decline of 9.8% in 2009, with forecourts proving particularly resilient, according to Christie & Co’s latest Business Outlook. Tony Evans, head of retail at Christie & Co, said: "The [forecourt] sector as ...
-
News
IFFE is a must for indies
The launch of Indie 5000, the project that targets single-site dealers or those with a handful of sites, is backed by an industry dinner at IFFE 2011 on Sunday February 27 as well as special presentations at the show. These include: Optimising property value and business exit strategies ...
-
News
Mary Portas at Pro-Retail
New initiatives designed to showcase best-in-class retailing practice will feature alongside traditional favourites at Palmer and Harvey’s Pro-Retail 2011. The future of retail, new food-to-go concepts, and the popular category zones, will all feature at the packed show alongside appearances from TV’s Mary Portas, a champion of the ...
-
News
Survey says Tesco is top
Supermarket giant Tesco is the UK’s favourite fuel retailer according to a new survey of motorists conducted by independent market analyst Datamonitor. A survey that asked car owners about their motoring habits puts Tesco top for fuel price, customer service and quality of its forecourt shop offer. Second ...
-
News
Chancellor hints at scrapping fuel duty rise in April
Confusion is mounting as retailers and motorists receive mixed messages from the government about what it intends to do about continually rising fuel prices.On January 27 Chancellor George Osborne told BBC West Midlands that he would consider overriding the next fuel duty increase in April, giving retailers hope that something ...
-
News
Tobacco display ban is delayed in Scotland
Scotland’s implementation of the tobacco display ban, due to come into force for larger retailers on October 1, will be delayed because of an ongoing legal challenge.Imperial Tobacco had previously appealed against the provisions of the Tobacco and Primary Medical Services Bill on shop displays but its case was rejected. ...
-
News
Staff turn blind eye to retail crime
One in 10 retail employees has committed a crime or failed to report a crime committed by colleagues against their employer in the last 12 months, reveals new research by G4S Secure Solutions.The most common crime committed by retail employees was consuming produce without paying for it, with an estimated ...
-
News
PayPoint launches Christmas savings scheme
PayPoint retailers are now able to compete with the major supermarket groups for their customers’ Christmas savings. Almost 4,000 PayPoint retailers have already signed up to offer the new and valuable savings service to their local community, which, as well as the commission, also earns them an annual bonus of ...