SharecloseShare pageCopy linkAbout sharingImage source, Getty ImagesElectronics retailer Currys has announced that it is teaming up with ride-hailing service Uber to deliver products in 30 minutes.Under the trial service, customers in 12 London boroughs will be able to order items such as laptops and printer cartridges, with a £5 delivery charge.The trial begins on 15 November and will last for three months.Currys said the 1,800 products on offer all weighed under 7kg and could fit within a courier’s bag.With size dimensions limited to about L46cm x W35cm x D35cm, Currys said the biggest item available for super-fast delivery would be, for example, a coffee machine.Customers can order through the Currys website or app up to two hours before stores close.”The world has shifted to a hybrid way of working and more customers are demanding greater convenience and speedier delivery to get their hands on tech,” said Currys’ chief operating officer, Mark Allsop.The move echoes the same-day and one-hour delivery options available at the major UK supermarkets and Amazon.Currys said the venture, which will operate from 15 London stores, was Uber’s biggest UK retailer partnership to date. Eve Henrickson, Uber regional manager, said the company looks “forward to expanding the partnership further”, but gave no more details about future plans.Co-op to start selling groceries on Amazon PrimeShopping in 10 minutes: The new supermarket battleAnnouncement of the deal was made alongside the release of Currys’ latest trading update. Sales in the six months to the end of October were up 15% on a like-for-like basis on the same period two years ago, before the Covid-19 crisis.However, the retailer revealed business remains 1% below the same period a year ago, when demand soared as households looked to update their in-home technology whilst stuck inside during the various lockdowns.There was strong growth in electrical goods, which offset a fall in mobile phone sales. Currys also played down any concerns over supply chain issues and staff shortages, saying it had “put in place measures to mitigate the well-publicised” disruption across the UK.The company was confident enough in its prospects that it also announced plans to hand back £75m to shareholders through a share buyback, news that sent the share price rising 5% in early trading.

Image source, Getty ImagesAt a glanceSainsbury’s says it is in a “good position” despite supply chain challengesHalf-year profits hit £541m after £137m loss last yearSupermarket says online sales have “remained strong”Sainsbury’s says it is in a “good position” ahead of Christmas amid worker and supply chain challenges.
The supermarket said its size, logistics operations and supplier relationships put it in good stead.
It announced profits of £541m for the 28 weeks to the end of September, bouncing back from a statutory loss of £137m for the same period last year.
Simon Roberts, chief executive, said many customers were returning to pre-pandemic shopping habits.
“Online sales have remained very strong and we continue to grow market share. At the same time, our plan to transform Argos is on track, delivering significantly improved profitability,” he said.
Grocery sales grew by 0.8% compared with the same period last year and were up 9.1% on two years ago.
The supermarket has forecast a pre-tax profit of at least £660m in the financial year to March 2022.Mr Roberts said the company was making “good progress” but admitted the supermarket industry still faced “labour and supply chain challenges”.”However our scale, advanced cost saving programme, logistics operations and strong supplier relationships put us in a good position as we head into Christmas,” he added.
Staff at Sainsbury’s and Argos stores have been given Boxing Day off this year, with all shops closing.
The company also announced that as a partner of the COP26 climate change conference, it had brought forward its target to have net zero carbon emissions in its operations from 2040 to 2035.