Ocado is set to enhance its own-brand range with hundreds of new items focusing on seasonal lines. Current offerings will expand beyond 740 products by year-end, showing significant growth.The ecommerce grocery leader will further extend its selections next year after reporting a 12% increase in own-range sales.Customers increasingly lean towards own-brand items for their value and quality, with nearly 90% finding a wide range essential in supermarkets.Ocado experienced a 15.5% revenue increase, citing strong delivery of choice and value.Research highlights a consumer preference for own-brand dairy, meat, fish, and tinned goods.Ocado is taking strides to broaden its own-brand range significantly…
Author: Sam Allcock
Codatech, a Manchester-based recruitment software provider, has announced two significant senior appointments.Sam Radion joins Codatech as Head of Sales, bringing over twenty years of experience in recruitment technology.George Bendle is welcomed as Product Lead, enhancing Codatech’s product development initiatives.The appointments aim to foster growth and innovation as Codatech targets expansion in 2025.Codatech is recognised for its role in efficiently managing payroll solutions for temporary workers.Codatech, a prominent recruitment software provider based in Manchester, has announced two significant senior appointments as it aims for considerable growth in 2025. With a history rooted in addressing the logistics of recruitment back-office processes, the…
Iceland has embarked on a strategic partnership with Alliance to enhance its retail footprint in the Channel Islands, promising an exciting expansion over the coming year.The collaboration between Iceland and independent retailer Alliance marks a significant development in the Channel Islands’ retail landscape. Alliance, which currently operates five stores within Jersey and Guernsey, will become a franchisee of Iceland. This move allows Alliance to provide the frozen food retailer’s extensive range of offerings, including exclusive brands such as TGI Fridays, Greggs, and My Protein, alongside seasonal items and an expanded value range.In a groundbreaking move, the first Food Warehouse outside…
A significant number of individuals still encounter hurdles in career advancement due to their socioeconomic status.According to recent findings, 70% of those from lower socioeconomic backgrounds face challenges in accessing career or educational opportunities.Many young individuals feel pressured to hide their background, highlighting ongoing stigma related to socioeconomic status.Key barriers include the lack of financial aid, low confidence, and restricted networks crucial for career growth.There’s a call for government and business action to promote diversity and improve social mobility.Co-op’s research indicates that a substantial portion of people, specifically 7.4 million, are missing out on career opportunities due to their socioeconomic…
Sainsbury’s has launched an innovative range of Pan-Asian ready meals, tapping into the growing popularity of Asian cuisine in the UK.Sainsbury’s has unveiled a distinguished selection of own-brand Pan-Asian ready meals, drawing inspiration from the vibrant traditions of Japanese, Indonesian, Korean, and Thai cuisine. This new offering includes seven main dishes priced from £4 and six complementary sides starting at £2.50. The mains feature enticing options such as Chicken Pad Thai Noodles, Beef Bibimbap, Nasi Goreng, Sticky Chilli Chicken Rice Bowl, Teriyaki Chicken, Chicken Yaki Udon Noodles, and Spicy Gochujang Style Chicken Rice Bowl.For those seeking delightful accompaniments, the sides…
Ocado is set to expand its own-brand product range significantly, adding hundreds of new items with a focus on seasonal offerings for the coming year. This move follows the introduction of over 100 new products in 2024, bringing the total to more than 740 items.Ocado, the online supermarket, has seen a substantial increase in its ‘Own Range’ sales, with a 12% rise. These products now constitute more than one in ten items in customers’ shopping baskets. The company’s research, in partnership with Savanta, indicates that 89% of shoppers value a diverse range of own-brand products for their affordability.Shoppers are increasingly…
Two renowned creatives from Yorkshire have launched a new studio called Filthy, aiming to revolutionise video content production.Paul Nichols and Stew Wells, with extensive experience in creative direction, spearhead this innovative venture.The duo brings a wealth of experience from renowned agencies, working with top brands like Adidas and BMW.Filthy promises to merge strategic thinking with top-tier video production to capture audience attention.Their approach is designed to produce standout, impactful content, moving beyond traditional production methods.Paul Nichols and Stew Wells, both hailing from Yorkshire, have embarked on a new creative journey with the establishment of Filthy, a studio dedicated to transforming…
FTX takes decisive legal action against Binance and Changpeng Zhao. The lawsuit alleges fraudulent transfers linked to a 2021 agreement. This bold move is part of FTX’s ongoing bankruptcy and recovery process. FTX claims Zhao’s statements contributed to its financial crisis, which stands central to the lawsuit’s arguments.The lawsuit filed in Delaware’s bankruptcy court focuses on a disputed share repurchase deal. FTX accuses Bankman-Fried of engaging in questionable transactions using digital assets. These legal proceedings are critical in FTX’s strategy to reclaim assets. The implications of this case could resonate throughout the cryptocurrency industry.Allegations of Fraudulent Transfers and Financial DestabilizationFTX…
NatWest has embarked on a significant step towards full privatisation by repurchasing £1bn in shares from the UK Treasury.This strategic buyback is the second occurrence in 2024, demonstrating commitment to reducing government ownership.NatWest’s recent acquisition involves 263 million shares priced at 380.8p each, marking an ‘important milestone’, according to CEO Paul Thwaite.The government has progressively decreased its stake from an 84% high after the 2008 financial crisis, utilising share sales and buybacks.Concerns over taxpayer costs led to the cancellation of a public share sale initially proposed by a former government.The recent share buyback by NatWest from the Treasury marks a…
In the rapidly evolving world of cryptocurrency, identifying the next breakout star is crucial for investors. Among the contenders, DexBoss is increasingly being recognised for its strong market potential. As cryptocurrencies continuously reshape the financial landscape, informed choices become imperative.This article explores the notable rise of DexBoss and other emerging cryptocurrencies set to redefine the market. With groundbreaking technologies and strategic developments, these digital assets offer new opportunities for savvy investors. Learn why DexBoss and its peers present extraordinary prospects in this bustling realm.The Rise of DexBoss in CryptocurrencyAmidst dynamic shifts in the cryptocurrency landscape, DexBoss emerges as a compelling…