Consumer

PizzaExpress unit files for bankruptcy: Thousands of jobs at risk as Covid cloud engulfs food chains, QSRs
October 05, 2020 10:55 PM AEDT| By Hina ChowdharySummary A unit of Uxbridge-headquartered restaurant group PizzaExpress has filed for bankruptcy protection in the United States Earlier in September 2020, PizzaExpress had said that the restaurant group will be shutting down as many as 73 resta.....

Why is Rolls-Royce raising £5-bn despite seeing low demand due to Covid crisis?
October 04, 2020 10:00 AM AEDT| By Team Kalkine MediaSummary Rolls Royce is restructuring itself to effectively sail through the pandemic-led crisis It has rolled out a long-awaited financial plan to raise capital and resolve its cash crunch The company will also lay off staff and focus on power.....

easyJet, Ryanair flights fight coronavirus: What’s in store for airline operators
October 02, 2020 06:45 AM AEST| By Team Kalkine MediaSummary The stocks of Ryanair and easyJet have significantly lost on their market value since the February 2020, when the pandemic started spreading in the UK The airline companies have done a plenty of organisational restructuring including j.....

Performance Review of Two FTSE Listed Consumer Stocks - 888 Holdings & City Pub Group
September 30, 2020 11:20 PM AEST| By Team Kalkine MediaSummary 888 Holdings PLC reported a revenue growth of 37 percent year on year in H1 FY20. The performance was supported by improved customer acquisition and demand for online games during the pandemic. City Pub Group reported that the sales ar.....

Two Consumer Stocks Trending on LSE - Camellia PLC & Brand Architekts Group PLC
September 29, 2020 11:12 PM AEST| By Hina ChowdharySummary Camellia PLC generated revenue of £114.9 million, which declined by 2.0 percent year on year in H1 FY20. The business activity was impacted due to the subdued global tea prices and the impact of extreme weather conditions on the p.....

Performance Of Pubs And Restaurant Stocks Amid Likely Total Social Lockdown Plans
September 28, 2020 11:11 PM AEST| By Team Kalkine MediaSummary Ministers are working on an emergency plan to impose total social lockdown across parts of northern Britain and London, thereafter. The households could also face restrictions on indoor socialising. The shops, factories, and schools wo.....

How Will Food Stocks Be Affected With Amendments In The UK Agriculture Bill?
September 28, 2020 09:25 PM AEST| By Team Kalkine MediaRecently the House of Lords has voted in favour of two amendments in the UK Agriculture Bill. The first amendment will ensure that the imported food products would need to comply with the domestic food standards in Britain once the Brexit transitio.....

UK Travel Stocks Turn Peaky with Resurgence in Covid-19 Infection Across Europe
September 27, 2020 09:50 AM AEST| By Team Kalkine MediaSummary The United Kingdom has added Iceland, Denmark, and Slovakia to its list of countries, from where travellers will be subject to mandatory two weeks self-isolation, on account of rising infections in these countries. The number of countri.....

Focus On EasyJet, A Covid Loan Beneficiary, As The UK Borrowings Surge
September 26, 2020 08:19 PM AEST| By Team Kalkine MediaThe public borrowings for the country surged to a high level of £36 billion during the month of August 2020, according to the latest government statistics. The British government has been forced to spend a large sum of money towards economic .....

UK Based Consumer Businesses Continue to Look for Cost Cutting Measures
September 24, 2020 10:50 PM AEST| By Team Kalkine MediaSummary Consumer businesses are making all efforts to remain afloat during the pandemic Fear of the second wave of Coronavirus in the winter is prompting businesses to reduce costs SSP Group is expected to take decisive and rapid action to red.....

Redundancies Start Pouring in Ahead of New Restrictions, Whitbread and Wetherspoon announce Job Cuts
September 24, 2020 06:23 AM AEST| By Team Kalkine MediaSummary Government announced a series of new restriction to contain the spread of the Coronavirus Prime Minister has warned that if the R rate does not go below 1, then tighter restrictions can follow All businesses selling food or drink alon.....

2 FTSE Listed Food & Beverage Stocks to Look at: Hotel Chocolat Group & Finsbury Food Group
September 23, 2020 11:11 PM AEST| By Team Kalkine MediaSummary Hotel Chocolat Group reported revenue of £136 million, which was increased by 3 percent year on year. The Company had reported strong performance through digital channels. Finsbury Food Group generated revenue of £306.3 mil.....

Pandemic Headwinds on Two Travel & Leisure Stocks - TUI AG and Saga PLC
September 22, 2020 11:11 PM AEST| By Team Kalkine MediaSummary TUI AG catered to 1.4 million customers for a holiday between mid-June and August 2020. Booking cancellation increased due to the recent changes in the government's travel-related policies. Saga PLC generated revenue of £192.4 mi.....

Pub and Restaurant Stocks Heave A Sigh of Relief with Government Not Going for A Lockdown
September 22, 2020 02:11 PM AEST| By Kunal SawhneyThe woes of UK’s hospitality industry don’t seem going to get over soon. When all seemed returning to normal, the rapid rise in new Coronavirus cases has forced the government to tighten the measures to contain the spread. Prime Ministe.....

Investor rebellion at Ryanair over chief executive’s pay
September 22, 2020 07:26 AM AEST| By Kunal SawhneySummary Investors of Ryanair Holdings revolted over huge pay of the airline’s Chief Executive, Michael O'Leary. Investors refused to support a massive pay package of £3.2 million to the airline’s boss in the financial year end.....

Performance Review of Two FTSE-100 Listed Media Players: Informa PLC & Pearson PLC
September 21, 2020 11:11 PM AEST| By Team Kalkine MediaSummary Informa PLC reported revenue of £814.4 million in H1 FY2020, which was declined by 42.1 percent year on year. The business performance was impacted due to the cancellation of the physical events. Pearson PLC reported revenue of &.....

Why is the share price of Carnival falling?
September 20, 2020 10:20 AM AEST| By Team Kalkine MediaSummary The share price of Carnival plc was trading 6.71 lower on 18 September from its previous day’s close. The British-American company announced cancellation of cruise journey for one of its prominent brands, P&O Cruises. In its .....

Pubs and Bars Call for Government Support Amid the New Social Distancing Norms
September 19, 2020 11:50 PM AEST| By Team Kalkine MediaSummary Evening curfews coupled with local lockdowns pose a big threat to the pubs and bars businesses Industry body BBPA, has called for sector-specific furlough scheme beyond October Pubs & restaurant stocks have suffered significantly o.....

Covid-19 Impact: Premier Foods, Devro And Cranswick Post A Steady Increase in Sales
September 18, 2020 11:20 PM AEST| By Team Kalkine MediaSummary Since lockdown restricted people from moving out of their houses to buy meals, it was estimated that more meals would be consumed at home per week than usual Though the foodservice sector dwindled and routes to retail were obs.....

Covid-19 Impact: British Airways Going Through Structural Changes
September 18, 2020 11:11 PM AEST| By Team Kalkine MediaSummary The ongoing pandemic scenario has affected the global airline industry the most. The chief executive of British Airlines (BA), Álex Cruz said the airline company will not be the same again. He added that the people were afraid of.....
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