Author: Scott Dylan

In a strategic shift, ScS has decided to discontinue its Snug sofa-in-a-box brand, acquired less than two years ago.Poltronesofà, the new owner, has opted for a different business model, leading to the brand’s closure.ScS assures customers that current orders will be honoured and customer service remains operational.The Snug brand, renowned for its modular furniture, was initially purchased in a pre-pack deal from administration.This move is part of a broader range rationalisation strategy by Poltronesofà.ScS has announced the discontinuation of its Snug sofa-in-a-box brand, a decision taken under the guidance of its new owner, Poltronesofà. This change comes less than two…

AG Barr, a leading soft drinks manufacturer, has reported impressive financial results for the first half of the year.The company’s adjusted pre-tax profit increased by 8.5% to £29.3 million, while sales rose by 5.2% to £221.3 million.Rubicon emerged as a ‘stand out performer’ with double-digit growth in both volume and value.AG Barr’s cocktail division also performed well, with ready-to-drink products in the take-home market growing by 9.1%.Despite challenges, AG Barr remains optimistic about continued growth, supported by strategic investments and marketing initiatives.AG Barr, a prominent player in the soft drinks industry, has announced a notable increase in its financial performance…

Employees increasingly reject the ‘workplace family’ concept.This metaphor often blurs personal and professional boundaries.It creates unrealistic expectations of loyalty and sacrifice.Such cultures can lead to stress and burnout among staff.Alternatives like a ‘sports team’ approach are suggested.In modern workplaces, the notion of a ‘workplace family’ is being met with growing scepticism. Employees are increasingly wary of organisations that use familial language to describe their work culture. This is due to the potential implications such as blurred boundaries and excessive expectations of commitment that are compared to personal family dynamics.The idea of being part of a ‘family’ at work often means…

National Inclusion Week highlights the importance of inclusive business practices.Understanding generational differences is crucial for creating diverse workplaces.Businesses can benefit from recognising the unique strengths of each generation.Flexible work arrangements can enhance job satisfaction and productivity.Mentorship programmes encourage continuous learning across generations.In the context of National Inclusion Week, the spotlight is turned towards the necessity for inclusive practices within businesses. This annual event, running from 23rd to 29th September, serves as a call-to-action with this year’s theme, ‘Impact Matters’. It urges everyone in an organisation, from leaders to individual employees, to actively participate in fostering inclusivity in the workplace.Understanding how…

The trend of ‘conscious unbossing’ captures the shifting career preferences of Gen-Z professionals.Over half of Gen-Z professionals prefer avoiding middle management roles due to perceived stress and low rewards.A significant 72% of Gen-Z individuals favour personal growth over traditional managerial advancement.Older generations tend to value middle management roles more than their younger counterparts.The future workforce may lean towards flat, team-based structures over traditional hierarchies.The idea of ‘conscious unbossing’ highlights the growing reluctance of Gen-Z to pursue middle management roles. A recent poll reveals that 52% of individuals from this generation would rather sidestep these positions due to the perception of…

October marks the implementation of a crucial new tipping law across the UK.Employers must now ensure 100% of tips go to staff without deductions.The Employment (Allocation of Tips) Act 2023 protects over two million workers.Employers are required to have a written policy on tip distribution.Changes in tax codes for employees are expected with the new legislation.October signifies the commencement of a significant legislative change concerning the distribution of tips within the UK hospitality sector. The new law mandates that employers pass on all gratuities to their staff, eliminating any deductions. This legislation aims to ensure fairness and transparency, benefitting over…

Card Factory has secured a significant partnership with Aldi, positioning itself as the supermarket’s exclusive card supplier.This renewal and expansion of their partnership means Card Factory will now supply Aldi’s 1,200 UK and new Irish stores.The partnership, initially formed in 2019, expands from supplying 550 stores to Aldi’s complete UK network.The agreement with Aldi is part of Card Factory’s broader strategy to enhance its retail footprint.Despite a decline in profits, Card Factory reported a 6% increase in sales over the recent period.Card Factory has strengthened its relationship with Aldi, becoming its exclusive supplier of greeting cards. This move places Card…

Harrods is currently conducting an investigation into the potential involvement of current staff in abuse allegations against Mohamed Al Fayed. The inquiry follows reports from 20 former employees who accused the late billionaire of sexual misconduct while they worked at the department store. Five of these women have alleged rape by Al Fayed during his ownership. The investigation includes direct interaction with the Metropolitan Police and an internal review. Allegations suggest that Harrods staff may have facilitated Al Fayed’s actions, prompting a detailed examination.Harrods is undertaking a thorough investigation into whether any current employees are linked to the serious accusations…

Despite a rise in sales, Card Factory has reported a notable decrease in profits.The company’s pre-tax profit plunged by 43% to £14 million in the first half of the year.Increased expenses, particularly from the National Living Wage and freight inflation, have been cited as contributing factors.Sales were up by nearly 6% to £234 million, demonstrating positive growth momentum.The firm’s future outlook remains stable as it continues to combat inflationary pressures.Despite experiencing an increase in sales, Card Factory has encountered a significant drop in profits during the first half of the year. The company’s pre-tax profit has fallen by 43%, amounting…

Card Factory’s recent financial performance highlights significant challenges amidst rising costs, despite increased sales.Profits dropped sharply by 43%, attributed to higher National Living Wage and freight inflation.Sales rose nearly 6%, reflecting strong growth momentum, yet profits lagged behind.The company’s strategic investments and expansion in gifting categories show ongoing resilience.Despite challenges, full-year performance expectations remain steady due to proactive measures.Card Factory’s recent financial disclosure has brought to light a challenging period where profits have significantly dropped, despite an overall rise in sales. The card retailer recorded a stark 43% fall in pre-tax profit, amounting to £14 million for the six months…