Author: Scott Dylan

Marks & Spencer (M&S) has committed to locking prices on 140 popular food items until year-end.Among the products enjoying price stability are cheese, butter, and British pork sausages.Price reductions have been announced on key items including mature cheddar and salted butter.The retailer’s food sales have seen a significant increase of over 11% recently.M&S plans to support British farmers while maintaining competitive pricing for its customers.Marks & Spencer (M&S) has made a strategic decision to maintain the prices of 140 popular food items until the end of the year. This initiative includes price stability on essential products such as cheese, butter,…

This past September, Morrisons launched its eighth round of price reductions on 170 products, marking a significant milestone.More than 1,000 product prices have been locked or reduced across the Morrisons portfolio this year, reinforcing the company’s commitment to affordability.The latest initiative, ‘More Month’, offers More Card users an average discount exceeding 30% on key grocery items.Morrisons extends exclusive offers to petrol stations, including seasonal confectionery, highlighting their broad approach to savings.Chief Customer and Marketing Officer, Rachel Eyre, states that this initiative helps customers prepare for the upcoming festive season.Throughout September, Morrisons embarked on its eighth round of price cuts, with…

Morrisons partners with Crimestoppers to introduce CCTV vans combating retail crime across the UK.The initiative deploys five mobile units to deter and identify criminal activities in retail settings.Each van is branded with Crimestoppers contact information to encourage community reporting.This move is part of a broader response to increased incidents of abuse and assaults in retail.Other retailers are implementing similar measures to enhance safety and security.Morrisons has announced the introduction of a new fleet of CCTV vans, launched in collaboration with Crimestoppers, aimed at addressing the increasing crime rate in retail environments. This initiative marks a significant step in enhancing security…

The past year has seen a dramatic rise in insolvencies among UK food and drink manufacturers.Insolvency numbers surged by 108% for food and drink companies, according to Inverto.The increase breaks down into a 102% rise for food manufacturers, and 123% for drink manufacturers.Cost inflation and ingredient price hikes, driven by the Ukraine conflict, are key contributing factors.Supermarkets have started reducing prices, offering potential relief for manufacturers.The number of food and drink companies facing insolvency in the UK has increased significantly, marking a 108% rise over the past year, as highlighted by management consultancy group, Inverto.Breaking down the figures, the insolvency…

The ownership of Asda faces scrutiny from MPs over cost-of-living concerns, highlighting potential organisational constraints.MPs have raised questions about Asda’s ownership structure and its impact on the supermarket’s ability to support customers.Darren Jones has requested detailed information concerning Asda’s corporate framework and financial decisions.Concerns include the complexity of Asda’s company structure and the implications on customer price support.Asda has enacted measures such as price reductions and transparency in local fuel pricing amidst this scrutiny.MPs have expressed concerns regarding Asda’s ability to support customers during the cost-of-living crisis, attributing potential limitations to the supermarket’s ownership structure. This inquiry brings focus to…

Tesco is introducing body cameras for its employees to combat increasing workplace violence.Physical assaults on Tesco staff have surged to over 200 incidents per month, prompting this measure.CEO Ken Murphy is advocating for tougher laws and improved policing to address retail crime.Murphy suggests the UK adopt Scotland’s system where abuse against retail workers is a specific offence.Tesco has invested £44m in security enhancements over four years to protect staff and deter crime.In response to a growing number of violent incidents, Tesco is equipping its store workers with body cameras. This decision arises from a worrying increase in physical assaults, now…

John Lewis Partnership faces potential financial issues with its property development plans.The company plans to build new flats above Waitrose outlets in West Ealing and Bromley.Reports indicate a negative financial return of £57m for the project.Consultants warn about the project’s challenging financial viability.John Lewis seeks to diversify away from retail to reduce financial losses.The John Lewis Partnership is addressing significant financial challenges related to its latest property development initiative. Plans to construct 428 flats in West Ealing and 353 in Bromley include a commitment to 35% affordable housing. Despite these ambitions, the project’s financial outlook is concerning, as planning documents…

In a push towards sustainability, Aldi is eliminating all single-use cutlery from its UK Food to Go range.The initiative expects to cut down 10.5 million wooden forks annually, equivalent to 28 tonnes of waste.This decision aims at encouraging customers to adopt reusable cutlery options, reflecting Aldi’s environmental commitment.Aldi’s plastics and packaging director, Luke Emery, highlights this as a step to enhance environmentally friendly consumer choices.Concurrently, Aldi is trialling reduced plastic packaging for beef mince, targeting a 73% cut in plastic use.Aldi is implementing a significant environmental strategy by removing all single-use cutlery from its Food to Go range. This initiative…

Lidl announces a significant pay increase for its workforce, impacting 24,000 employees.Lidl colleagues outside the M25 will experience a pay rise from £11 to £11.40.Employees within the M25 will see their hourly rate increase from £11.95 to £12.85.The company is recruiting across the UK, offering support to Wilko’s staff post-collapse.This move aligns Lidl’s pay with Aldi’s, marking an £8m investment.Lidl has announced an investment of £8 million in increasing the hourly pay rates for its store and warehouse employees, benefiting a total of 24,000 colleagues. This represents the third pay rise Lidl has implemented this year, underlining its commitment to…

A recent technical error has inconvenienced Waitrose customers by leading to the cancellation of numerous online orders, just moments before scheduled deliveries.Many customers expressed their dissatisfaction on social media, highlighting the unexpected cancellation notices they received.The exact number of cancelled orders remains undisclosed; however, Waitrose has acknowledged a substantial volume of affected deliveries.This disruption comes on the heels of a previous IT issue that led to stock shortages in stores, although Waitrose asserts there is no connection between the incidents.In response to the issue, Waitrose apologised and promised a goodwill gesture to the impacted customers.A significant technical glitch at Waitrose…