Frasers Group is intensifying its presence in Europe with new store openings in the Benelux region.The company is set to open nine new Sports World stores in the Netherlands, expanding its footprint significantly.In addition, two Sports Direct outlets are planned for Luxembourg with another in Belgium, marking its continued growth.This expansion follows strategic acquisitions including Sprinter earlier this year, boosting its capabilities.Frasers Group aims to solidify its leadership in sports retail within this key European market.Frasers Group is taking major steps to enhance its European presence by increasing the number of its retail outlets in the Benelux region. With nine…
Author: Dave Antrobus
Recent data highlights Ocado’s continual rise as the fastest-growing supermarket over the past 12 weeks.Ocado’s sales soared by 15.4%, with M&S following closely with a 12.4% increase.Morrisons experienced a surge in customer spending per visit due to new More Card offers.Waitrose’s appeal grew, resulting in a 3.9% sales increase as it attracted more shoppers.Online FMCG sales experienced significant growth, overtaking the increase in physical store sales.Ocado maintained its position as the fastest-growing supermarket over the past 12 weeks, posting a significant sales increase of 15.4%. This substantial growth places Ocado ahead of other supermarkets, demonstrating its robust performance amid a…
August saw the UK inflation rate maintain its position at 2.2%, surprising many with core inflation climbing to 3.6%.The rise in core inflation exceeded expectations, suggesting persistent underlying price pressures despite stable headline rates.Airfare costs surged by 11.9% year-on-year, identified as the key component driving the August inflation figures.The Bank of England is expected to keep the interest rate at 5% in their upcoming decision, with potential gradual cuts anticipated.Economists predict that rising energy costs may pose further inflationary challenges, despite easing wage growth pressures.August witnessed stability in the UK’s headline consumer price index, holding steady at 2.2%, yet core…
Consumers brace for a significant rise in Halloween chocolate prices, surpassing general grocery inflation rates.UK chocolate prices have surged by 11% over the past year, far outpacing the 2.7% increase in overall grocery prices.Unfavourable weather conditions and heightened global demand for cocoa are key factors driving chocolate inflation.Sainsbury’s and Morrisons exhibit the most pronounced price hikes in their chocolate offerings.Consumers are advised to compare prices across retailers to secure the best value on Halloween treats.In recent months, shoppers in the United Kingdom have witnessed an alarming increase in chocolate prices as Halloween approaches. The consumer group Which? alerts that chocolate…
Tesco considers leveraging AI and Clubcard data to promote healthier shopping habits, stirring a mix of optimism and privacy concerns.The initiative aims to monitor and suggest healthier substitutes for high-sodium products in customers’ shopping baskets.Officials argue the move could assist in addressing the UK’s obesity crisis by guiding healthier consumer choices.Privacy advocates express concerns over surveillance and autonomy, questioning Tesco’s role in consumer judgment.Despite the debate, Tesco asserts it is not implementing this AI system imminently, but the potential impact remains significant.Tesco is exploring the use of Artificial Intelligence alongside data from its Clubcard scheme to encourage shoppers to make…
Tesco’s new online grocery initiative poses questions about its impact on Ocado.Tesco has launched an ecommerce initiative to help global supermarkets enhance online operations.Transcend Retail Solutions by Tesco is partnering with New Zealand’s Foodstuffs North Island.Ocado focuses on warehouse automation, while Tesco opts for store-based fulfilment tools.The potential impact of Tesco’s strategy on Ocado is uncertain but notable.Tesco has embarked on an ambitious ecommerce venture aimed at bolstering the online capabilities of supermarkets worldwide. The initiative, known as Transcend Retail Solutions, is designed to equip international supermarkets with the necessary technology to fulfil online orders directly from their stores. The…
The inflation rate, as measured by the Consumer Prices Index (CPI), remained steady at 2.2% in August 2024, showing no change from July. This stability contrasts with the clothing and footwear sectors, which saw a slower price increase in August.Air fares emerged as a significant factor influencing this consistent inflation rate, providing an upward push in the Consumer Prices Index including owner occupiers’ housing costs (CPIH).Despite the overall stability, the annual growth in clothing and footwear prices slowed to 1.6%, down from 2% in July.The retail industry is absorbing these figures with a noticeable business rate increase, impacting budgets and…
Capsticks, a renowned national law firm, heralds the achievement of 11 newly qualified solicitors and trainees, including three based in its bustling Leeds office.The firm actively engages with clients across healthcare, housing, and the public sector, solidifying its presence in Yorkshire.Newly qualified solicitors Emma Lynch, Lucy Wright, and Sahiba Samra completed their rigorous training in claims, employment & pensions, and regulatory sectors.Senior partner Rachael Heenan underscores the importance of acknowledging career milestones and contributions made by the talented newcomers.A fresh cohort of 13 trainees joins Capsticks, with many having gained valuable experience within the firm prior to beginning their legal…
Co-op introduces a 24-hour grocery delivery service in select city stores, aiming to meet rising demand for rapid deliveries.The service is available in Leeds, London, and Manchester, where there is high demand for groceries at unconventional hours.Deliveries are facilitated through partnerships with Deliveroo, Just Eat, and Uber Eats, providing extensive access to customers.Co-op extends online availability in over 1,600 stores, enhancing convenience for their customer base.Research indicates significant interest in late-night delivery options, especially among younger demographics.The Co-op has launched a new 24-hour online grocery delivery service, targeting city centre stores in Leeds, London, and Manchester. This initiative is designed…
A groundbreaking collaboration between a claims management company and Salford University has resulted in the launch of an innovative app designed to tackle housing disrepair using artificial intelligence.The claims management company (CMC) has partnered with Salford University to introduce an AI-powered application that identifies housing disrepair, aiming to mediate such cases effectively without legal intervention. This development, announced on 18 September 2024, highlights the potential for technological innovation to reduce the financial strain on both claimants and councils involved in housing disrepair cases.Integral to this initiative is IntelOptic, an AI platform trained on over 27,000 datasets, capable of analysing disrepair…