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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.
Marks and Spencer is set to transform its Newcastle store with a significant £13m investment, enhancing its presence in the North East.The overhaul of the M&S Northumberland Street store in Newcastle is planned to begin this month, marking a major redesign.This extensive transformation will allow for continuous store operations while renovating in stages.The initiative includes the expansion of M&S’s ‘Scan & Shop’ system to enhance customer experience.Plans align with M&S’s ongoing commitment to expand and upgrade its store portfolio in the North East.Marks and Spencer has announced an ambitious plan to transform its Northumberland Street store in Newcastle, with a…
One Stop has partnered with Whywaste to tackle the growing issue of food waste.The technology provides retailers with precise expiration data and smart markdowns for products.Initial trials in four stores resulted in a 14.3% reduction in food waste.The initiative supports One Stop’s commitment to achieving net zero by 2050.Previous collaborations of Whywaste have shown up to 40% waste reduction in other retailers.One Stop has commenced a strategic partnership with Whywaste, a Swedish company specialising in food technology, to address food waste in its stores. This initiative is part of a broader strategy to incorporate sustainable practices within the retail sector.The…
Morrisons has introduced a trial to support British farmers by covering 100% of crop-growing costs.The initiative aims to alleviate financial stress caused by rising costs and adverse weather.Initial trials are underway on select potato and carrot farms with produce expected by the year’s end.Successful trials may lead to a broader implementation across more farms next year.Farmers like Andrew Nash highlight the scheme’s role in providing financial security and risk mitigation.Morrisons has embarked on a new endeavour to assist British farmers by underwriting all expenses associated with growing crops. This initiative is designed to mitigate financial pressures arising from rising costs…
The UK government is set to postpone post-Brexit border checks on food from the EU due to inflation concerns.The Border Target Operating Model, which was scheduled for October 31, will be delayed.New import rules will require vet-signed export certificates for certain products.Businesses and ports are expected to gain more time to adapt to these changes.A survey indicates a significant portion of EU food suppliers are unprepared for new UK import rules.The decision to delay the implementation of post-Brexit border checks on EU food imports emerges from rising concerns about potential inflation. Initially planned for an October 31 rollout, the Border…
Aldi introduces bag checks in select UK stores as a response to increased shoplifting.Customers are required to present both empty and full shopping bags at checkout.This policy is a temporary measure, not uniformly applied across all Aldi stores.Other retailers like Sainsbury’s and Morrisons have adopted similar anti-theft measures.The initiative has faced criticism from some customers feeling unjustly targeted.With shoplifting rates reportedly on the rise due to the ongoing cost-of-living crisis, Aldi has implemented a controversial policy at select UK stores requiring customers to present their shopping bags for inspection. This measure is intended to combat theft by ensuring that all…
Tesco, a leading UK supermarket, now offers flexible working rights to its entire workforce.This initiative is in anticipation of new legislation expected in 2024.Employees can request flexible working from their first day without waiting six months.The move aims to enhance work-life balance and retain talent within the company.Full-time positions will be advertised as flexible, with various part-time options available.Tesco, a renowned name in the UK grocery sector, has taken a pioneering step by introducing flexible working rights for all its employees, a decision that positions it ahead of forthcoming legal changes anticipated in 2024. This rights-based approach enables over 300,000…
In an effort to reduce plastic usage, Tesco has introduced new ‘pillow packs’ for fresh mince, cutting plastic by 70%.The new packaging will be implemented across Tesco’s 500g beef lean steak mince varieties, with further expansion dependent on consumer reception.These ‘pillow packs’ maintain the quality of the mince without compression, unlike vacuum-sealed options from other retailers.The packaging redesign enables enhanced logistics, requiring fewer deliveries and improving shelf space efficiency.Tesco’s initiative aligns with its 4Rs strategy, targeting reduction and recycling of plastic from its operations.Tesco is taking a significant step towards environmental sustainability by replacing its traditional tray wrap packs for…
Amazon has extended its Fresh grocery delivery to non-Prime customers in select US cities, marking a shift in its grocery service strategy.This expansion allows non-Prime customers in San Francisco, Boston, Nashville, and Austin to access Amazon Fresh delivery.Fees for non-Prime deliveries range from $7.95 to $13.95, depending on the order amount.Previously, Amazon Fresh deliveries were exclusive to Prime members, who pay an annual fee of $139.Amazon plans to roll out more changes in its grocery business, including broader availability of Fresh delivery.Amazon has made a significant change by extending its Fresh grocery delivery service to non-Prime members, initially in select…
Aldi remains the cheapest supermarket in the UK for the fourteenth consecutive month, showcasing its commitment to affordability.A basket of groceries at Aldi costs £71.22, according to consumer watchdog Which?, underscoring its pricing strategy.Lidl follows closely, being only £1.38 more expensive than Aldi, while Asda and Tesco are priced at £78.65 and £79.59, respectively.Higher prices were noted at Sainsbury’s, Morrisons, and Ocado, each surpassing £80 for a basket of essentials.Waitrose remains the most expensive option, with an average cost of £87.24 for similar items.Aldi has firmly established itself as the most cost-effective choice for grocery shoppers in the UK, holding…
Capri Sun is taking back UK sales and distribution from Coca-Cola Europacific Partners, marking a strategic shift for the brand.The transition, starting next March, includes bringing operations in-house across multiple European countries.Coca-Cola Europacific Partners will continue co-packing Capri Sun products in Great Britain until the end of 2024.The decision follows Capri Sun’s similar moves in several global markets over the past five years.Capri Sun plans to invest £36 million in 2024 to support innovation and operational transition.Capri Sun has announced its decision to reclaim the sales and distribution of its beverages in the United Kingdom from Coca-Cola Europacific Partners. This…