Author: Scott Dylan

Scott Dylan, Founder of NexaTech Ventures, is an entrepreneur and investor, offering expert insights on AI, technology, and business transformation across global industries.

Aldi has extended its reign as the UK’s cheapest supermarket for the 15th consecutive month.The consumer watchdog, Which?, confirmed that Aldi offers a basket at £65.21, over £8 cheaper than Tesco.Aldi’s basket was £14.30 less expensive than Waitrose, the priciest option in August.Lidl follows closely behind Aldi with a small price difference of £1.32 per basket.Aldi was also noted as the most affordable supermarket for seven months in 2022.Aldi continues to dominate the UK supermarket landscape as the most cost-effective choice for consumers. The latest analysis by consumer watchdog Which? highlights Aldi’s ability to maintain the lowest prices on a…

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Ocado has implemented its third series of price reductions since June, marking a significant move in the grocery sector.A total of 330 items have seen price cuts, bringing the tally of reduced products to over 630.Key items in this reduction include staple groceries and non-food products like fabric stain removers.The initiative responds to consumer demand for competitive pricing and value.CEO Hannah Gibson affirms Ocado’s commitment to providing great value through strategic pricing.Ocado has announced a substantial price reduction across its product range, marking the third initiative of its kind since June. This development is part of the ‘Big Price Drop’…

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Waitrose has confirmed a major leap in animal welfare within its own-brand Italian meats.The retailer’s Parma ham, mortadella, and prosciutto now meet the highest welfare standards.These measures ensure animals have sufficient space and freedom within Waitrose’s supply chain.This shift addresses the previously lower welfare standards in Italian meat compared to British products.Waitrose has been a pioneer since its 2016 Good Pig Award with The Compleat Food Group.Waitrose has taken a significant step in animal welfare by ensuring all its own-brand Italian continental meats, including Parma ham, mortadella, and prosciutto, meet the highest standards. This initiative ensures the animals are raised…

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Amidst increasing retail crime, Asda decides against providing body cameras to staff.Lord Rose, Asda’s chairman, expresses concerns over privacy impacts of body cameras.He acknowledges the significance of staff safety, aligning with Tesco’s calls for legislative changes.Retail theft has decriminalised, according to Lord Rose, risking staff welfare.Supermarkets explore various strategies to combat theft and ensure employee security.In light of escalating retail theft, Asda’s decision not to equip staff with body cameras sparks considerable discussion. Lord Stuart Rose, the supermarket chain’s chairman, articulated the company’s stance on maintaining privacy by avoiding widespread deployment of body cameras among staff. Although the increasing threat…

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The plant-based brand “This” is expanding internationally into the Netherlands.In partnership with Albert Heijn, This will introduce four of its products.The launch aims to tap into the growing European plant-based food market.This has seen significant sales growth in the UK, reaching £1.6m recently.The brand’s co-founder highlights this as a major business undertaking.The UK-based plant-based meat alternative brand, This, is embarking on its first international expansion. This strategic move is marked by an exclusive partnership with Albert Heijn, a leading supermarket chain in the Netherlands. Commencing on 11 September, This will introduce four of its well-acclaimed products, namely This Isn’t Beef…

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Sainsbury’s is set to invest £6 million in its dairy supply chain to better support farmers and secure sustainable milk production.In response to the challenges faced by the dairy sector, Sainsbury’s plans to increase payment to farmers by 1p per litre of milk.A significant £1.7 million will be allocated to sustainability bonuses, encouraging farmers to meet environmental targets.This initiative follows a review by the Sainsbury’s Dairy Development Group, addressing concerns over farmer exits from the sector.The investment aims to ensure a long-term, secure supply of milk for consumers, while championing British produce.Sainsbury’s has announced a £6 million investment into its…

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Workers at the UK’s largest sandwich supplier are set to strike over pay disputes, threatening meal deals at major supermarkets.More than 500 employees at Greencore demand increased wages from their current £10.53 hourly rate.Should negotiations fail, industrial action is planned from September 11 to October 9, impacting sandwich availability.Greencore, which produced 975 million sandwiches last year, sees significant profit increases amid meal deal popularity.Union representatives express disappointment in pay offers despite Greencore’s substantial revenue growth.Workers at Greencore, the UK’s leading sandwich supplier, have voted to strike due to dissatisfaction with current pay levels. Over 500 employees are demanding higher wages,…

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The Lionesses’ journey to the Women’s World Cup final significantly impacted retail food and drink sales in the UK, driven by enthusiastic football fans preparing for watch parties despite inflationary pressures.Retail sales increased by 4.1% in August, bolstered by food and drink purchases.The final match alone generated approximately £463 million in sales, illustrating significant consumer engagement.British Retail Consortium noted an 8.2% rise in food sales over three months leading to 26 August.Despite high inflation and interest rates, retailers managed to attract cautious consumers with budget-friendly options.The progression of England’s Lionesses to the final of the Women’s World Cup invigorated consumer…

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Lidl has opened a state-of-the-art warehouse in Houghton Regis, Luton, marking a significant £300m investment.The impressive facility spans 1.2 million square feet and will service 150 stores, enhancing operational capacity.It introduces automation, a first for Lidl in the UK, to boost storage and distribution efficiency.The warehouse prioritises sustainability with solar panels generating 2 million kWH annually and a bio gas-fueled fleet.This investment aligns with Lidl’s strategic vision to meet growing consumer demand and expand its market presence.Lidl has made a substantial investment of £300 million in opening its largest warehouse globally, located in the Houghton Regis area of Luton. The…

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Ocado and Beano have partnered to release a comic-themed cookbook aimed at reducing household food waste.The cookbook features playful recipes with familiar comic characters to engage families and children.The release includes educational efforts with Beano for Schools to inform children about cooking and food waste.Research from Ocado highlights a lack of discussion about food waste between parents and children.The initiative aims to address environmental awareness and improve the utility of household groceries.Ocado, in collaboration with Beano, has launched a groundbreaking comic cookbook designed to combat food waste in households. The cookbook, which is available in both print and online, presents…

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