Suppliers say the current heat wave in Britain has caused a surge in purchases of bottled water. Cold water has seemingly trumped tepid beer as a drink of choice among Britons who have been snapping up supplies even though some stores have raised their prices. "I have never seen anything like it and I have been in this job over 15 years," said James Smith, the managing director of Shepley Spring, which supplies water to large retailers. Smith told The Guardian his sales were up 500 percent last week, and his supply of 2-liter bottles was completely cleaned out. Shepley Springs has been getting inquiries from retailers they don't normally supply who are worried about a potential shortage. Business at Tesco stores was also brisk despite a 41-percent increase in the price of water and cola. A spokesman for the chain told the newspaper the higher prices remained a good value for consumers, but some retail analysts said the company might profit now but could pay later if customers feel ripped off "Tesco has probably jacked the price up because it's hot and product is going out the door," said Clive Black of Shore Capital. "It has taken a commercial view but it is not necessarily one all its punters will like."
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor