Author: Scott Dylan

Scott Dylan is the Founder of NexaTech Ventures

Unilever, in collaboration with Tesco and other companies, is intensifying its commitment to combat hygiene poverty. Four major companies have pledged to donate one hygiene product for every two purchased at selected Tesco stores. This initiative aims to distribute over a million hygiene products to more than 6,000 charities. Last year’s similar effort saw over 400,000 products donated, benefiting numerous low-income families.Many households face hardships, with nearly half unable to afford essential hygiene products.Unilever, alongside Kimberly-Clark, Essity, and Haleon, has partnered with Tesco to intensify its drive against hygiene poverty. Until 3 October, these four companies will donate one hygiene…

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The Deposit Return Scheme (DRS) in the UK faces another delay, now pushed back to 2026.The decision stemmed from meetings involving UK governments and industry bodies, with October 2025 no longer feasible.Supermarkets have urged a complete overhaul of the DRS plans, citing exorbitant costs.The scheme’s delay is attributed to the need for comprehensive infrastructure planning.Scotland’s DRS was already postponed, awaiting Westminster’s support.The UK government’s Deposit Return Scheme (DRS) is now delayed until 2026, as announced following comprehensive meetings among UK governmental representatives and industry stakeholders. The projected start date of October 2025 has been deemed unrealistic, necessitating a rethink of…

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Asda is unveiling a ‘Back to School’ bonus on its Rewards app, providing savings for families amid financial challenges.Customers can earn 10% back on school uniforms until 10 September, easing the financial burden.A £2 cashpot is available for purchases over £10 on school essentials until 3 September.New users of the Asda Rewards app receive an additional £5 in their cashpot until 30 September.The initiative coincides with a significant price reduction across various essential products.Asda has launched an innovative ‘Back to School’ bonus on its Rewards app, designed to deliver financial relief to families preparing for the new academic year. By…

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Tesco announces significant price reductions across over 50 products, aiming to relieve financial pressure on customers.A substantial portion of these reductions target the baby products aisle, beneficial for young families.Notable price cuts include reductions of 16% on well-known brands like Pampers and Johnson’s.Own-brand products, such as Tesco yoghurt drinks and garlic mayo, witness reductions of up to 19%.This continues Tesco’s earlier initiative of cutting prices on over 500 household essentials in June.Tesco has introduced an extensive round of price cuts affecting more than 50 products, as part of its strategy to provide financial relief to consumers. This initiative includes significant…

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John Lewis Chairwoman, Sharon White, calls for government action on rising shoplifting incidents.Incidents of theft are increasing, with Waitrose particularly affected by organised crime and antisocial behaviour.Shop workers in Scotland have legal protection from abuse, highlighting disparities in legislation.Threats with weapons have been reported, although no serious staff injuries have occurred.Sharon White advocates for visible police presence to deter crime.John Lewis Chairwoman Sharon White has publicly urged the government to address the escalating issue of theft affecting retailers. She has called for tougher legislation, particularly in England, to provide better protection for store employees similar to that in Scotland, where…

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In a landmark development, Asda could be liable for a £1.2 billion payout due to an equal pay case, with significant implications for the retail sector.An email leaked to ITV News suggests nearly 55,000 shopfloor workers are underpaid compared to distribution colleagues.Evidence indicates male distribution workers earn up to £3 more per hour than female shopfloor staff.The case highlights gender-based pay disparities within Asda’s workforce.This legal battle could reshape pay structures across the supermarket industry.An email leaked to ITV News has shed light on a potentially groundbreaking equal pay case confronting Asda, one of the UK’s prominent supermarket chains. At…

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Too Good To Go urges reconsideration of voluntary food waste reporting.80% of consultation respondents support mandatory reporting.Government cites costs as a reason against mandatory disclosures.Delay threatens UK’s environmental and net-zero goals.Mandatory reporting seen as crucial for collaboration and efficiency.The call for the Department for Environment, Food and Rural Affairs (Defra) to revisit its stance on voluntary food waste reporting is gaining momentum. Too Good To Go, a prominent advocate against food waste, is leading the charge, highlighting the potential consequences of the decision to delay mandatory disclosures until the end of 2026.A significant majority, 80%, of consultation respondents expressed their…

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Asda is enhancing its popular Asda Rewards loyalty app to assist customers preparing for the festive season’s financial demands.The app now includes a ‘Christmas Saver Cashpot’ feature, allowing users to save up to £300 specifically for Christmas spending.Utilising the Cashpot grants a one-off cash bonus, depending on the savings amount, disbursed between 20 and 24 November 2023.Customers can convert their Cashpot into vouchers for use in-store or online from 24 November to 31 December 2023.Over five million active users have already benefitted from over £198 million returned on their shopping via the Asda Rewards app.Asda is taking proactive steps to…

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Greggs has seen a significant increase in its financial performance, showcasing robust growth.The company’s pre-tax profit for the first half of the year rose to £80m, up from £55.8m in the same period last year.Sales have surged by 21.5% to a total of £844m, with like-for-like sales increasing by 16%.Despite economic uncertainties, Greggs remains committed to its expansion strategy with the opening of new shops.Chief Executive Roisin Currie highlights the brand’s focus on value and market expansion.Greggs has demonstrated strong financial performance during the first half of the year, exhibiting a notable increase in both profits and sales. The company…

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In a significant move within the retail sector, Next has strategically acquired Cath Kidston’s brand and intellectual property for £8.5 million after the latter entered administration.This acquisition includes Cath Kidston’s brand, domain names, and intellectual property, completed via a pre-pack deal.The cathkidston.com domain will be temporarily retained by administrators to manage stock clearance.This change follows a turbulent period of ownership and market challenges for Cath Kidston.Notably, Next’s previous acquisitions include Joules and Made.com, showing a pattern of acquiring struggling retailers.Next, a prominent fashion retailer, has made a strategic acquisition of Cath Kidston, purchasing the brand’s name, domain names, and intellectual…

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