shopping

Losses mount at French Connection, supermarket shopping boosts Tesco shares and Rolls-Royce falls

French Connection shop in Covent Garden. (Credit: Dave Rushen/SOPA Images/LightRocket via Getty Images)
French Connection shop in Covent Garden. Photo: Dave Rushen/SOPA Images/LightRocket via Getty Images

Here are the top business, market, and economic stories you should be watching today in the UK, Europe, and abroad:

Losses mount at French Connection

Fashion chain French Connection (FCCN.L) saw a loss of £12.2m ($15.69m) in the six months to 31 July 2020, compared with a loss of £3.6m during the same period in 2019, according to a company statement released on Tuesday.

The COVID-19 pandemic led to a “significant decline” in sales, forcing the business to shut down its stores from the end of March to mid-June, in line with UK government guidelines, it said.

This caused store sales to slump 57% to £10.1m in the six months to the end of July, compared to £23.8m in the same period last year.

“The timing of the COVID-19 outbreak has had a material impact on our

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shopping

‘Supermarket Sweep’ is coming to Houston. Or at least a giant shopping cart is

You can see this giant shopping cart at Yale Street Market on Oct. 12.

You can see this giant shopping cart at Yale Street Market on Oct. 12.

Courtesy

There are a few giant vehicles us Americans view upon with reverence. Monster trucks. The Oscar Meyer Wienermobile. That one “Rick and Morty” car thing.

Add a giant shopping cart to that list, because “Supermarket Sweep” is headed to Houston with its Shopper Chopper.

SPOOKY: The 12-foot-tall skeletons from Home Depot are the new heroes of Halloween

The “larger-than-life, branded, 18-foot street-legal shopping cart” is making an appearance at Yale Street Market on October 12 in celebration of the game show getting rebooted on ABC October 18.

If you head to Yale Street Market between 11 a.m. and 7 p.m., you’ll come face-to-face with the Shopper Chopper and get a “Supermarket Sweep” shopping bag containing gift cards up to $100 each to help cover your

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gift

‘Supermarket Sweep’ to give away gift cards to shoppers at Brooklyn grocery store

Grab your carts — shoppers at a Brooklyn grocery store will have a chance to have their food paid for on Sunday.

To kick off the series premiere of “Supermarket Sweep,” ABC will be bringing a branded 18-foot street legal shopping cart to grocery stores around the country. At each stop, shoppers will be surprised with “Supermarket Sweep” shopping bags containing gift cards up to $100 each to help cover the cost of their bill.

On Oct. 4, the giant cart will park outside of Key Food Brooklyn, located at 575 Grand Street, from 11 a.m. to 7 p.m. Fans will be able to pose with the shopping cart for pictures.

“Supermarket Sweep” premieres on ABC at 8 p.m. on Oct. 18. Hosted and executive produced by Emmy® Award-nominated comedienne and

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