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Removed Ben & Jerrys chair says Magnum aimed to smear her
Posted onThe ousted chair of Ben & Jerry’s has accused the company which owns the brand of threatening to launch a public smear campaign against her. Anuradha Mittal, who chaired Ben & Jerry’s independent board for seven years, told the BBC that Magnum had threatened to publish “defamatory statements” about her if she did not step…
Demand for online jewellery boosts December retail sales
Posted onDemand for online jewellery helped boost retail sales in December, despite a difficult festive period overall for retailers, figures show. Sales were up 0.4% from the previous month, the Office for National Statistics (ONS) said, citing online jewellers reporting an increased demand for precious metals such as gold and silver. Internet shopping performed well, while…
Why Poundland is struggling during a cost-of-living-crisis
Posted onEmma SimpsonBusiness correspondent BBC The residents of Peckham in south London have just lost their Poundland store, which closed this week after 11 years of trading. “Everyone comes in here, it’s very cheap. I buy stuff for my kids, snacks, toiletries,” says passing shopper Becky Cullen, staring at the empty shop. “It was always busy……
Roomba vacuum cleaner firm iRobot files for bankruptcy
Posted onThe US firm behind the Roomba smart vacuum cleaner, iRobot, has filed for bankruptcy protection after facing competition from Chinese rivals and being hit by tariffs. Under the so-called pre-packaged Chapter 11 process, the main manufacturer of its devices, Shenzhen-based Picea Robotics, will take ownership of the firm. The tough commercial landscape had forced iRobot…
Leon will focus on stations and airports to revive fortunes, boss says
Posted onEmer MoreauBusiness reporter Getty Images Fast-food chain Leon will open more restaurants in service stations, airports and train stations, after it closes 20 on the High Street, its boss has said. John Vincent said the upcoming rises in business rates along with overall cost increases means the High Street is no longer as profitable. Leon…
