Author: Scott Dylan

Nisa has achieved almost a 30% increase in sales through forecourt retailers between 2019 and 2022, driven by strategic initiatives.Investments in pricing, expansion of existing operations, and the launch of 310 new stores contributed significantly to the sales boost.A notable partnership with Ascona Group and rebranding of MPK Garages has enhanced Nisa’s presence in the forecourt market.Nisa’s focus on offering excellent products and services led to a 23% rise in average weekly sales from specified items.Growth in the holiday park convenience sector further underscores Nisa’s expanding market footprint.Nisa’s sales through forecourt retailers have grown by nearly 30% from 2019 to…

Ocado initiates significant price cuts, aiding shoppers amidst economic pressures.An additional 200 branded and own-label grocery items have seen price reductions.Items such as Heinz Beans and Copella Apple Juice experience noteworthy discounts.The initiative aligns with the ‘back to school’ period, aiming to assist families.Ocado’s commitment to value is reinforced through ongoing price adjustments.In a strategic move to support shoppers, Ocado has unveiled price reductions on an additional 200 branded and own-label items. The initiative, part of the Big Price Drop, aims to provide financial relief as the summer holidays conclude and the ‘back to school’ season begins. This approach not…

Tesco has reached a notable milestone in its quest for sustainability, unveiling its 500th electric home delivery van.The newly launched van will operate from Sheffield Extra, marking the first fully electric fleet in Yorkshire.Tesco’s transition to electric vehicles has already eliminated 15 million diesel miles, significantly reducing carbon emissions.The retailer aims to operate a fully electric delivery fleet by 2030, aligning with its 2035 carbon-neutral goals.Government support and strategic initiatives are accelerating Tesco’s sustainable transition across the UK.Tesco has reached a significant point in its sustainability journey by launching its 500th electric home delivery van. This initiative is part of…

Getir, a prominent grocery delivery service, plans to lay off over 10% of its workforce to increase operational efficiency.The decision follows a decline in demand in the rapid grocery sector post-pandemic, affecting both couriers and office staff.Acquired competitor Gorillas for £1.2 billion, contributing to its current operational adjustments.Exiting markets in Spain, Italy, and Portugal, focusing on the UK, Turkey, Germany, the Netherlands, and the US.Seeking to raise $500 million in new funding as the company undergoes restructuring.Getir, a leading name in the grocery delivery industry, has announced plans to lay off more than 10% of its global workforce, amounting to…

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…

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…

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…

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…

The Co-op is facing unprecedented levels of retail crime, prompting a call to action.Co-op’s managing director emphasises the urgency of police intervention in the escalating situation.Retail crime has surged by 35% this year, with incidents reaching nearly 1,000 daily.There is a significant rise in violence against store workers, marking a concerning trend.Substantial investments in safety by Co-op require complementary police efforts to be effective.The Co-op is grappling with an alarming increase in retail crime, urging immediate intervention from law enforcement. As managing director Matt Hood points out, the frequency and severity of incidents have reached unprecedented levels, necessitating a cohesive…

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…