Author: Scott Dylan

In a landmark discovery, archaeologists in Denmark have uncovered more than 50 well-preserved Viking skeletons at a substantial burial site. The site, located in the village of Asum, has yielded remarkable insights into Viking-era burial practices and trade routes.The excavation, led by a team from Museum Odense, has been underway for the past six months and has revealed a wealth of artefacts and skeletal remains that date back to the 9th and 10th centuries. The site’s unique preservation conditions have allowed for an unparalleled opportunity to study these relics.Exceptional Preservation ConditionsThe skeletons were found in a state of exceptional preservation…

A prominent health care company has announced substantial layoffs as part of a strategic initiative to reduce costs.This major move will impact nearly 3,000 employees, predominantly in corporate roles, while frontline staff remain unaffected.The organisation revealed plans to cut approximately 2,900 jobs, aiming to achieve $2 billion in cost reductions. This initiative involves the termination of corporate positions and significant investment in technology.According to a company spokesperson, ‘We have embarked on a multi-year initiative to deliver $2 billion in cost savings by reducing expenses and investing in technologies to enhance how we work.’The layoffs represent less than 1% of the…

Hamleys has unveiled its must-have toys for Christmas 2024, targeting a wide age range from newborns to adults. This diverse selection features both nostalgic favourites and innovative new items, aiming to create a sense of comfort and connection. The offerings include popular characters and family-friendly games, promising a festive season full of fun and excitement.The selection spans various age groups, including newborns, teens, and adults, ensuring gifts for everyone.This year’s list highlights toys which offer comfort and familiarity alongside innovation.Featured toys include characters from beloved films and family games, adding excitement to the festivities.The list is not only diverse but…

The competition for convenience store superiority has found a clear leader. According to a recent survey, customer satisfaction rankings have been disclosed, identifying the top performers in the industry.The survey, conducted by the American Customer Satisfaction Index, highlights significant differences between top chains. This report examines these findings in detail.Key Findings from the SurveyA recent survey by the American Customer Satisfaction Index (ACSI) revealed the top convenience store chains based on customer satisfaction. Philadelphia-based chain, Wawa, topped the list with a score of 82 out of 100. This notable achievement underscores Wawa’s commitment to customer service excellence.In contrast, Sheetz, a…

Tapi Carpets has reported its first operating profit outside the Covid period, illustrating significant recovery and growth.The company experienced a remarkable profit increase, nearly £10 million, reversing a £1.7 million loss from the previous year.Sales saw a growth of 7.9%, reaching £171 million, largely attributed to the opening of new stores in 2023.Tapi Carpets’ performance was enhanced by stringent cost controls and a focused business strategy.Managing Director Jeevan Karir acknowledged the challenging market but highlighted the company’s resilience and customer service commitment.Tapi Carpets has recorded its first operating profit outside the Covid era, showcasing a substantial financial recovery. The carpet…

Belron International has reported a remarkable 120 per cent increase in profits, with sales nearing the £500 million mark in the latest financial year. The substantial growth reflects the company’s effective strategies and market presence.In the latest financial figures, Belron International’s pre-tax profits have significantly risen from £155.3 million in 2022 to £336.8 million in 2023. Turnover also showed a notable increase, moving from £346.7 million to £499.9 million, underscoring the firm’s growth trajectory.Strong Financial PerformanceBelron International, headquartered in Surrey, has showcased an exceptional financial performance over the past year. A pre-tax profit surge of 120 per cent, reaching £336.8…

Dexory has secured £60m through a Series B funding round, marking significant growth for the robotics startup.The investment includes both equity and debt, with DTCP leading the funding efforts alongside other notable investors.Established in 2015, Dexory designs autonomous robots that offer advanced operational insights for warehouses.Recent funding brings Dexory’s total raised capital to $120m, following a previous £15m investment last year.Dexory’s technology is acclaimed for digitising warehouse operations and contributing to supply chain efficiency.Dexory, a company renowned for its fully autonomous robots, has recently completed a £60m Series B funding round. This development involves a combination of equity and debt…

Authentic Brands Group (ABG) finalises its acquisition of Champion, marking its largest acquisition since Reebok.Champion boasts annual global retail sales nearing $3bn, highlighting its significant presence in the apparel industry.AMG Companies to oversee Champion’s core operations in North America, ensuring streamlined management.New partnerships forged for Champion in Latin America with leading firms like Falic Group and IB Group.Additional brand partnerships are anticipated in Europe, Asia, and Australia, aiming for global market expansion.Authentic Brands Group (ABG) has successfully finalised the acquisition of the renowned brand Champion, in a significant move that marks its biggest acquisition since purchasing Reebok. The deal, initially…

A transformative opportunity has been announced for black British entrepreneurs to showcase their businesses through television advertising.Channel 4’s new initiative offers selected companies a chance to create a commercial worth £150,000, along with six months of marketing and business mentorship.Channel 4 has launched a significant initiative aimed at empowering black-owned businesses across the UK. The scheme offers four selected companies the opportunity to create a television commercial worth £150,000.As part of the ‘Black in Business’ initiative, these firms will also receive six months of comprehensive marketing and business mentorship to support their growth.The ‘Black in Business’ initiative materialised from research…

Zego, a leading insurtech, has taken significant steps towards achieving profitability by 2025.The company has reduced its workforce by over 100 positions, exiting the B2B market entirely.Zego is now concentrating on its B2C ventures, aiming for monthly profitability from early 2025.These strategic shifts have resulted in nearly halving the company’s annual losses.Despite challenges, Zego maintains its commitment to sustainable growth and innovation.Zego, a London-based insurtech company insuring UK’s food delivery riders, has implemented a strategic restructuring to focus on sustainable growth and profitability by 2025. The company has taken the difficult decision to cut more than 100 jobs and exit…