Aldi is investing over £30m in dairy farming through its partnership with Arla.The investment will span over the next three and a half years, ending in mid-2027.Partnership aims at enhancing sustainability and animal welfare in the dairy sector.Aldi expands support to cover 100% of Arla’s fresh milk supply, aiding over 150 farms.The initiative supports Arla’s FarmAhead Customer Partnership to reduce on-farm emissions.Aldi has announced a substantial investment of over £30 million aimed at supporting dairy farmers through a strategic partnership with Arla, the United Kingdom’s largest dairy cooperative. This funding is set to roll out over the next three and…
Author: Dave Antrobus
Zapp, a rapid grocery delivery service based in London, has undergone substantial changes to address financial challenges.In 2023, Zapp reduced its workforce by 90%, decreasing staff from 2,417 to 260, as part of a significant cost-cutting strategy.The company withdrew from international markets and concentrated its efforts on affluent areas in London.These measures led to a 75% reduction in pre-tax losses from £91.9 million in 2022 to £23 million in 2023.Zapp’s revenue increased by 37%, bolstered by strategic operational changes and a focus on larger, more expensive orders.In a drastic move to curb expenses, Zapp, the London-based rapid grocery delivery startup,…
Currys has formed a strategic partnership with Ohme, a renowned smart EV charger manufacturer, enhancing its product offering in the UK.This collaboration allows Currys to retail Ohme’s chargers directly to consumers both online and in 50 flagship stores.The decision aligns with the rising trend of electric vehicle sales in the UK, which have increased by more than 10% this year.Ohme’s award-winning chargers and outstanding customer service were key factors in Currys’ decision.The partnership reflects Currys’ strategic initiatives following its recent collaboration with Accenture and Microsoft.Currys has announced a significant partnership with Ohme, a leading manufacturer of smart electric vehicle (EV)…
Currys has partnered with Ohme to provide smart EV chargers, reflecting a growing market shift.The collaboration enables Currys to directly offer EV chargers online and in 50 flagship stores.Zoe Lucid highlights a 10% increase in UK EV sales, influencing the partnership decision.Ohme’s award-winning technology and customer service make it a fitting choice for Currys.The partnership follows Currys’ technology initiatives with Microsoft and Accenture.Currys has recently announced its new partnership with Ohme, a renowned smart electric vehicle (EV) charger manufacturer. This strategic collaboration marks a significant milestone for the electronics retailer, as it ventures into offering EV chargers directly to consumers.The…
Food sales growth in the UK showed signs of deceleration in September, influenced by adverse weather conditions.The British Retail Consortium (BRC) and KPMG reported a notable drop in food sales increase from 7.4% in September 2023 to 3.1% this year.The wet weather and economic caution are key factors contributing to the slowdown in sales growth.Despite a slower pace in food sales, UK retail showed its strongest growth in six months, bolstered by non-food sectors.Concerns about rising energy prices and an impending Autumn Budget pose potential challenges to consumer confidence.In September, the UK experienced a significant slowdown in food sales growth,…
Frasers Group has strategically enhanced its portfolio by acquiring three prominent shopping centres across the UK. This move underlines its commitment to investing in physical retail spaces.The acquisitions include Princesshay Shopping Centre in Exeter, a 600,000 sq ft property.Frasers Group plans to open a large flagship and Flannels store in Kent’s Fremlin Walk Shopping Centre.The Olympus Centre retail park in Gloucester’s Quedgeley is also part of this expansion.Michael Murray, CEO of Frasers Group, emphasises the importance of these locations as key retail destinations.Frasers Group, in a decisive move to strengthen its presence in the UK’s retail sector, has acquired three…
In a remarkable achievement, Asda’s initiative has reached £3 million, significantly impacting UK primary schools.Launched four weeks ago, the campaign allows customers to support schools through their purchases.Joe Wicks leads the initiative, encouraging community participation for a noble cause.The campaign has successfully engaged over 21,500 schools, marking a significant enrolment rate.Expectations are high as the initiative aims to raise £7.7 million in total.In a remarkable achievement, Asda’s ‘Cashpot for Schools’ campaign has reached an impressive £3 million milestone just four weeks after its launch. This initiative, spearheaded by TV fitness personality Joe Wicks, offers customers the opportunity to donate 0.5%…
Recent data indicates a shift in the supermarket landscape as Tesco achieves substantial growth.Tesco now commands 28% of the market, its highest share since 2017, with a significant profit increase.Asda continues to face challenges, with its market share decreasing by more than one percentage point.Sainsbury’s and Ocado also show growth, each enhancing their market positions.Seasonal consumer behaviour influences supermarket sales as Halloween approaches.Tesco’s market share has risen to an impressive 28%, marking its largest share since 2017. This growth is reflected in their financial performance, with a 10% surge in half-year profits and a 4% increase in sales, as reported…
The UK has introduced a new legal duty on employers to prevent sexual harassment in the workplace, highlighting a significant legal shift.Historically, legal frameworks like the Equality Act 2010 have been reactive, urging employers to prevent harassment without mandating proactive measures.Employers are now required to enforce policies, train staff, and foster a culture of respect to comply with the new duty.Failure to comply can lead to legal, financial, and reputational repercussions, making compliance critical for employers.The Equality and Human Rights Commission (EHRC) plays a crucial role in guiding employers to meet these new obligations.In recent years, there has been a…
Wellbeing is crucial for entrepreneurs, influencing personal and business success.Entrepreneurs’ health often impacts their businesses directly.A recent event highlighted the importance of wellbeing in business.Many entrepreneurs face mental health challenges due to their work pressures.Support and community are vital for sustaining entrepreneurial ventures.Wellbeing is increasingly recognised as a critical factor for entrepreneurs striving for success. At a recent ‘Make Wellbeing Your Business’ event, the message was clear: prioritising personal health is as crucial as any business strategy. The wellbeing of business owners is intrinsically linked to the success and sustainability of their enterprises.Entrepreneurs often embody the vitality of small business…