
Katie Linsell
Reporter at Bloomberg News
UK Retail Reporter at Bloomberg @Business in London. All opinions mine. DM open for tips.
Articles
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1 week ago |
bloomberg.com | Jennifer Creery |Katie Linsell
A Mulberry Group luxury store in London. (Bloomberg) -- Mulberry Group Plc warned on profit and said it needs to raise £20 million ($27 million) to fund the British handbag maker’s turnaround plan. The board is talking to majority shareholder Challice — an investment vehicle controlled by Singapore’s Ong family — and billionaire Mike Ashley’s Frasers Group Plc on the terms.
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1 week ago |
flipboard.com | Jennifer Creery |Katie Linsell
5 hours agoJoe Biden has reiterated his support for Juneteenth as a federal holiday, after President Donald Trump said America had "too many" of them. "Too many non-working holidays in America," Trump wrote on Truth Social late Thursday. "It is costing our Country $BILLIONS OF DOLLARS to keep all of these …
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1 week ago |
bloomberg.com | Katie Linsell |Jennifer Creery
An Amazon Fresh grocery store. (Bloomberg) -- The UK’s supermarket regulator is investigating Amazon.com Inc. over delayed payments to the online retailer’s suppliers. The Groceries Code Adjudicator said Friday it has reasonable grounds to suspect Amazon has breached rules relating to payments, based on evidence from a range of sources. The company could face a fine of as much as 1% of its annual revenue in the UK if a breach is confirmed.
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2 weeks ago |
news.bloomberglaw.com | Katie Linsell
Czech online grocer Rohlik Group is spinning out its AI-driven platform for speedy grocery deliveries with worldwide ambitions, taking on the likes of Ocado Group Plc. Veloq is being launched as a new company, led by former Ocado Chief Commercial Officer Richard McKenzie as its chief executive.
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2 weeks ago |
bloomberg.com | Katie Linsell
Veloq provides software to run automated warehouses and same-day delivery vans. (Bloomberg) -- Czech online grocer Rohlik Group is spinning out its AI-driven platform for speedy grocery deliveries with worldwide ambitions, taking on the likes of Ocado Group Plc. Veloq is being launched as a new company, led by former Ocado Chief Commercial Officer Richard McKenzie as its chief executive.
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DragonForce hackers take credit for M&S, Co-op and Harrods hacks and warn more UK retailers will be targeted. Awesome story from my colleague @rj_gallagher https://t.co/CrZpvD0dOG

RT @JavierBlas: COLUMN: The blackout in Spain shows that grids, policy and risk mapping aren’t up to the task of handling lots of solar and…

Ikea is backing Mayor of London Sadiq Khan’s contentious plan to reserve Oxford Street for pedestrians, as the retail giant opens a store in one of the UK capital’s most popular shopping districts https://t.co/b8V5ef2Hfr via @citylab