By: Shruti Tripathi

I am CityAM's news editor. I love interviewing entrepreneurs, carrying out investigations through freedom of information requests and covering all the latest goings on in the world's great city, London. I started my career as an intern at LondonLovesBusiness.com in 2011 and became editor in 2015. I joined CityAM as deputy night editor in July 2016.

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Pepsico’s Pipers deal adds to record year for US acquisitions of UK firms

Pepsico swooped on premium British crisp brand Pipers today adding to a bumper year for US acquisitions of UK firms, with deals already hitting a record $87bn (£66.4bn). The value of acquisitions has surged by a whopping $57bn since last year, according to figures compiled by Dealogic. The record figure does not include the undisclosed value [...]
Will struggling high street retailers survive the crucial Christmas period?

Trouble came in threes for the high street yesterday. Struggling retailer Mothercare announced hundreds of redundancies as part of its turnaround plan while 600 jobs hang in the balance as high street butchery chain Crawshaw collapsed into administration. Meanwhile, retail bellwether Next’s shares fell eight per cent in early trading as it revealed its sales growth [...]
Asda and Sainsbury’s mega merger could hit Aldi and Lidl’s trollies

Britain’s store wars are intensifying by the day but the force is still strong with German discounters Aldi and Lidl. The price-cutters continued to steal market share from the Big Four supermarkets in the 12 weeks to 7 October, figures from the closely-watched Kantar Worldpanel report showed yesterday. Aldi’s sales growth, its fastest since January [...]

Store wars: Aldi is in no mood to be Jack’s of all trades

October 2, 2018

Aldi vowed to make Tesco discounter brand Jack’s a dull boy yesterday, saying it will remain the UK’s cheapest grocer. “It will be a real struggle for any more complex supermarket to successfully imitate our model let alone replicate it,” Giles Hurley, chief exec of Aldi UK and Ireland, said as he threw down the [...]
Out with the old, in with the new UK high street

September 26, 2018

A tale of two retailers dominated the high street yesterday – Next’s shares jumped nearly eight per cent after the fashion giant lifted its full-year profit guidance while Card Factory’s shares lost a tenth of their value after profits were off-message. Read more: Next nudges up profit guidance after blistering summer The diverging fortunes [...]
Trolley wars: Drastic Dave’s no-frills move must hit the Jackpot for shareholders

September 20, 2018

Tesco took a cheap shot at budget retailers Aldi and Lidl yesterday, launching its own discounter chain, Jack’s. Chief executive Dave Lewis opened the first store in a mothballed former Tesco outlet in the small Cambridgeshire town of Chatteris yesterday, with another 10 to 15 launches in the pipeline. The chain is named after Tesco founder [...]
Trolley wars: Drastic Dave’s no-frills move must hit the Jackpot for shareholders

September 20, 2018

Tesco took a cheap shot at budget retailers Aldi and Lidl yesterday, launching its own discounter chain, Jack’s. Chief executive Dave Lewis opened the first store in a mothballed former Tesco outlet in the small Cambridgeshire town of Chatteris yesterday, with another 10 to 15 launches in the pipeline. The chain is named after Tesco founder [...]
Why John Lewis’ price promise won’t deliver profits

September 14, 2018

Retail bellwether John Lewis reported a 99 per cent drop in profits yesterday in what one analyst labelled a moment as significant as the fall of the Roman empire, as far as the struggling high street is concerned. The middle-class favourite’s profit before one-off items slumped to £1.4m in the six months to 28 July [...]
Why John Lewis’ price promise won’t deliver profits

September 14, 2018

Retail bellwether John Lewis reported a 99 per cent drop in profits yesterday in what one analyst labelled a moment as significant as the fall of the Roman empire, as far as the struggling high street is concerned. The middle-class favourite’s profit before one-off items slumped to £1.4m in the six months to 28 July [...]
Canada Police and Lloyds Banking Group join forces to fight economic crime

August 19, 2018

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Ryanair hands O’Leary six-year extension

F* f* f***: Tennis star Moutet fined £4k per F-bomb for Queen’s Club outburst on BBC

Fogo de Chao nominated for Best Casual Dining Toast award

By: Shruti Tripathi

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