Author: Scott Dylan

Ocado has launched a pioneering retail media service, marking a significant milestone in its evolving strategy. The service, named Ocado Ads, is designed to facilitate measurable growth for brands and enhance personalisation in customer advertising. It provides comprehensive tools for campaign management in collaboration with Zitcha, alongside diverse advertising options. Ocado’s Beet platform offers valuable insights and analytics to advertisers. It aims to establish itself as a leader in innovative grocery advertising practices.Ocado, a leading name in the UK’s online grocery sector, has launched its latest venture – a retail media service called Ocado Ads. This initiative represents a significant…

The UK’s Supreme Court has ruled against Tesco’s ‘fire and rehire’ practices.This landmark decision prevents Tesco from altering employment terms unilaterally.The ruling is viewed as a significant win for workers’ rights and the union Usdaw.Tesco’s attempt to modify pay terms at its Daventry and Litchfield centres was blocked.The judgment underscores the necessity for employers to honour existing contractual agreements.In a crucial ruling, the UK’s Supreme Court has decided against Tesco’s attempt to employ ‘fire and rehire’ tactics, a strategy that involved terminating employees’ contracts only to offer them new terms that were less favourable. This decision echoes the judiciary’s stance…

The UK’s Supreme Court has ruled against Tesco’s ‘fire and rehire’ practices.Tesco attempted to change some workers’ contracts to less favourable terms.The legal challenge was led by the workers’ union Usdaw against Tesco’s actions.Tesco’s appeal was overturned, reinstating an injunction against ‘fire and rehire’.The ruling is hailed as a significant victory for trade union rights.The Supreme Court of the United Kingdom has delivered a decisive judgment against Tesco’s controversial ‘fire and rehire’ strategy, marking a pivotal moment in the ongoing legal saga. Initially, Tesco sought to terminate the contracts of certain warehouse employees only to offer re-employment under less advantageous…

A new £3.75bn data centre is proposed in Hertfordshire, aiming to enhance the UK’s tech infrastructure.The facility will generate approximately £1.1bn annually, significantly impacting the UK economy.Expected to create 500 immediate jobs and 13,700 indirectly, it promises substantial employment opportunities.The data centre will cover 85 acres and feature 2 million square feet of space, becoming one of Europe’s largest.Categorised as ‘Critical National Infrastructure’, it underscores the project’s importance to national security.A substantial £3.75bn investment in a data centre in Hertfordshire has been proposed, promising to bolster the UK’s tech infrastructure. A planning application for this ambitious project has been submitted…

Mimecast founder Peter Bauer spearheads a substantial £1.8m funding round for Willo, a Scottish video interviewing startup.The investment highlights the growing importance of digital hiring solutions in today’s competitive job market.Willo enables organisations to efficiently screen candidates through video interviews, eliminating the need for scheduled calls or meetings.The company has garnered the trust of major clients, including the NHS, Prada, Samsung, and Hitachi.This funding round, complemented by contributions from 1818 Venture Capital and industry figure Mark Danby, increases Willo’s total funding to £4.2m.Founded in Glasgow in 2018, Willo offers a groundbreaking video interview platform. It allows organisations to vet job…

Boohoo faces financial and strategic upheaval as it navigates a competitive market environment.The company has decided to close its US distribution centre in Pennsylvania, citing a strategic repositioning.In the UK, Boohoo closed its Daventry warehouse, affecting 400 jobs, in a bid to reduce costs.Umar Kamani has returned to PrettyLittleThing, reinstating free returns for loyalty members.Boohoo contends with significant financial losses and looming debt deadlines, alongside fierce competition from rivals.Boohoo recently announced the closure of its US distribution centre in Pennsylvania, marking a pivotal shift in its strategy. Initially hailed as a ‘gamechanger’ by CEO John Lyttle, the centre was expected…

Ocado has launched a new retail media service, Ocado Ads, aimed at driving measurable growth for brands.The new service offers campaign planning and management tools in collaboration with Zitcha.Advertising options extend across onsite, offsite, social media, and connected TV.Ocado Ads promises fast new product development (NPD) through the Ocado NPD Lab.This initiative aligns with the growing retail media sector in the UK.Ocado has launched an ambitious retail media service, Ocado Ads, designed to further its focus on driving measurable growth for brands. Described as marking “a new chapter” in its journey by industry publication The Grocer, Ocado Ads is expected…

The John Lewis Partnership has reported promising half-year results, highlighting a significant reduction in losses and a path towards increased annual profits.Pre-tax losses were cut from £59m to £30m, reflecting a strong recovery trajectory.Sales exceeded £5.9bn, showcasing a 2% rise compared to the previous year.Customer growth and substantial investment in technology signal a positive outlook for future performance.The ‘Never Knowingly Undersold’ price promise returns, integrating AI for competitive pricing.The John Lewis Partnership has demonstrated a robust performance in its mid-year financial results, significantly narrowing its pre-tax losses from £59 million to £30 million. The improvement underscores the effectiveness of its…

The John Lewis Partnership has reported improved financial performance, cutting its pre-tax losses and expecting a significant profit increase for the year.Pre-tax losses have been reduced from £59m to £30m due to the company’s effective transformation plan.Sales across the partnership, including Waitrose, have risen, with Waitrose experiencing a 5% increase.The company gained 500,000 new customers, attributed to strategic investments in technology and quality.John Lewis plans to reintroduce its ‘Never Knowingly Undersold’ promise, using AI to ensure competitive pricing.The John Lewis Partnership is showing signs of financial recovery with an impressive improvement in its half-year results. The company has effectively reduced…

Gridimp, an innovator in green tech and AI, has secured £250,000 in funding, accelerating its growth ambitions.The company aims to recruit more staff and relocate to a new office, enhancing its operational capacity.This move is facilitated by the South West Investment Fund through the FSE Group, signalling strong investor confidence.Gridimp’s technology aids firms in real-time energy monitoring and facilitates access to flexible energy markets.The investment highlights a sector experiencing a crucial transformation towards sustainability and efficiency.Gridimp, a prominent name in green technology and artificial intelligence, has recently been bolstered by a £250,000 investment from the British Business Bank. This financial…