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.

The British dairy sector is facing significant challenges with potential declines in milk production.A survey reveals that 9% of dairy farmers in Britain may cease milk production in the next two years.An additional 23% of farmers are uncertain about continuing their operations.Soaring costs and regulatory demands are primary concerns for farmers.There is an urgent need for resilient and collaborative supply chains to support the dairy industry.The British dairy industry is confronting a challenging period as a recent survey conducted by the National Farmers Union indicates that 9% of farmers are likely to cease milk production within the next two years.…

Read More

Aldi is set to create over 1,700 new job opportunities in the UK by the end of the year.The recruitment initiative aligns with Aldi’s rapid expansion plans within the United Kingdom.Aldi aims to reach 1,200 UK stores by 2025, necessitating steady new supermarket openings.UK sales for Aldi are surging, making it the fastest-growing retailer in the nation.The hiring drive involves both full-time and part-time roles with competitive salaries.Aldi is embarking on a significant recruitment drive, planning to employ over 1,700 new workers in the UK before the year concludes. This initiative comes as the company aims to support its aggressive…

Read More

The Groceries Code Adjudicator has issued a warning to supermarkets about ‘pay to stay’ practices.Supermarkets may face scrutiny over suppliers’ fees introduced by certain chains.Tesco’s recent supplier fulfilment fees are under particular observation.Suppliers express concern over being asked for investments limited to case costs.Upcoming strikes at Tesco add to the tension in the retail sector.The Groceries Code Adjudicator, Mark White, has made a decisive move to urge supermarkets to refrain from demand practices termed as ‘pay to stay’. White’s intervention comes amid concerns over certain supermarket chains requiring suppliers to financially contribute to remain stocked on shelves, a practice deemed…

Read More

Renowned supermarket George at Asda has joined forces with TV personality Stacey Solomon to unveil a new homeware collection.The range, titled ‘At Home with Stacey Solomon Exclusively for George Home’, marks Solomon’s debut in home design.Comprising over 200 pieces, the collection spans an array of home essentials, including items for bath, bed, dining, and living spaces.Incorporating Solomon’s personal style, the collection features motifs inspired by her dogs and elements from Pickle Cottage.The collection, launching on 7 September, will introduce new items seasonally, beginning with autumn-themed accessories.Renowned supermarket chain George at Asda has partnered with beloved TV presenter and interior design…

Read More

The Issa brothers have sold 63 US convenience stores to reduce EG Group’s debt.These stores, located in Kentucky and Tennessee, have been acquired by Casey’s General Stores.The sale is part of a broader strategy to manage EG Group’s financial liabilities.EG Group previously sold its UK and Ireland operations to Asda for £2.27 billion.The divestment strategy includes a sale and leaseback agreement for $1.5 billion.The Issa brothers have executed a sale of 63 US convenience stores under the Minit Mart and Certified Oil brands to Casey’s General Stores. This transaction is driven by the need to mitigate the burgeoning debt accumulated…

Read More

In a surprising shift in lunchtime preferences, sushi has become more popular than the traditional sandwich in the UK, as per Tesco.Tesco’s premium £5 Clubcard Meal Deal featuring sushi options has driven this trend.Tesco reported a 90% increase in sushi sales since the launch of the meal deal.The demand has prompted Tesco to sell 30 million packs of sushi a year across the UK.The rise in sushi’s popularity has led to the expansion of fresh sushi counters in Tesco stores.The classic sandwich has long been the cornerstone of lunchtime catering in the UK, but recent data from Tesco reveals a…

Read More

Deliveroo has significantly impacted the UK’s convenience grocery market.Founded by Will Shu, the company evolved from restaurant deliveries to a convenience giant.Deliveroo’s business model involves a three-sided marketplace connecting consumers, grocers, and restaurants.The company faces controversies over its gig-economy worker classification.Deliveroo’s pivot to groceries during the pandemic positioned it strongly in the market.Deliveroo began as a small venture by Will Shu aiming to revolutionise food delivery by partnering with premium restaurants. Over ten years, this vision expanded into a multi-faceted service connecting consumers, grocers, and restaurants through a cutting-edge app. This has enabled restaurants to increase revenues by up to…

Read More

Waitrose will stock Zizzi’s frozen items after a successful contract agreement.Shoppers can anticipate the availability of three Zizzi products at Waitrose stores.The product lineup includes popular pasta meals and garlic bread.Zizzi aims to enhance its retail range and product quality.Zizzi’s initial UK supermarket foray began in Sainsbury’s in 2020.Waitrose is set to stock frozen products from the Italian brand Zizzi, following a new contract with the retailer. This move is poised to offer customers a selection of three frozen items, which will be available from 11 September. The selection includes Zizzi’s popular pasta meals: Casareccia Pollo Piccante and Chorizo Carbonara,…

Read More

Asda’s new ‘Asda Food Hub’ trial aims to expand the food-to-go offerings in select stores, featuring wraps, sandwiches, salads, and snacks.The trial will initially take place at Asda’s Leicester and Dagenham locations, offering barista-style coffees and fresh grab-and-go meals.Throughout the day, customers can choose from various meal deals designed for breakfast, lunch, and afternoon snacks.Asda plans to refurbish 10 pizza and hot food counters to align with the ‘Food Hub’ experience.This initiative follows a £1.2m upgrade to Asda’s traditional food-to-go range, adding 47 new deli-style products.Asda has announced a new trial dubbed the ‘Asda Food Hub’, designed to enhance its…

Read More

Asda experienced a 9.6% increase in like-for-like sales in Q2.The Just Essentials range saw an 87% increase in sales year-on-year.Over 22 million customers have purchased from Just Essentials since its launch.Asda maintained strong clothing and general merchandise sales.Online operations delivered an average of 800k orders weekly.Asda has reported a significant uplift in sales for the second quarter, with like-for-like sales rising by 9.6%. This growth is largely attributed to the popularity of its low-cost product line, Just Essentials, which recorded an 87% increase in sales compared to the previous year. Since its introduction in May 2022, this range has attracted…

Read More