Inside Retail

MAY 5, 2022

SEND has faced some unique financing challenges given the composition of its international investors.”. At the time, founder Rob Adams told SmartCompany the startup planned to open up to 30 grocery fulfillment centres by the end of the year. Send was founded in early 2021 and by August last year, had secured a $3.1

Finance 258

Finance Supermarket Fulfillment Location 258

Retail TouchPoints

APRIL 28, 2023

Digitization has overhauled much of the business world, and in departments like finance or marketing you’d find most employees are hooked on apps that serve up-to-date information on the status of their programs and connect them with others on their team for real-time collaboration.

Finance 262

Finance Employee Engagement Supermarket Management 262

365 Retail

MAY 26, 2022

A new report by industry charity the Retail Trust has found that one in five (21%) British retail workers and nearly a third (31%) of people working for the UK’s biggest retailers are planning to quit the sector. A head of HR at a supermarket chain told the Retail Trust: “People are re-evaluating their lives as we come out of the pandemic.

Planning 104

Planning Employee Engagement Finance Supermarket 104

365 Retail

JUNE 21, 2021

billion takeover approach from a US private equity firm amid speculation that more UK supermarkets could be snapped up. UK supermarkets have been buoyed by the pandemic over the past year as sales were boosted by the closure of non-essential shops and hospitality firms. Why Morrisons and what are potential plans for the business?

Supermarket 73

Supermarket Grocer Finance Marketing 73

Inside Retail

OCTOBER 19, 2023

Former Woolworths executive Bill Wavish and gaming czar Bruce Mathieson have developed a “fix it” plan for Endeavour Group. The plan involves having Wavish join the board of the liquor and gaming powerhouse, which they argue has lost its way after being divested by Woolworths in 2019. Coles Liquor posted a 0.1

Boutique 246

Boutique Finance Supermarket Planning 246

Retail Gazette

OCTOBER 5, 2023

With the cost-of-living crisis at the forefront of shoppers’ minds, it’s no surprise so shoppers have jumped ship from the traditional big four supermarkets to discounters. Retail Gazette looks at the different set of results and what the future holds for both discounters. Its market share increased from 6.1%

Supermarket 112

Supermarket Grocer Drop-Shipping Planning 112

Retail Gazette

FEBRUARY 7, 2024

Sainsbury’s boss Simon Roberts has set a new cost savings target of £1bn over the next three years so the grocery giant can finance both better prices and higher pay for its workers.

Supermarket 69

Supermarket Finance Planning Returns 69

A1 Retail

FEBRUARY 6, 2024

Retail, hospitality and leisure spending slowed as Brits stayed at home to shelter from the cold weather and save money after a busy festive period. However, pointing to improving optimism, consumers’ confidence in both their household finances and ability to spend within their means reached its highest point in over two years.

Consumer 59

Consumer Supermarket Finance Merchant Services 59

Retail Gazette

APRIL 23, 2024

Despite its grand expansion plans, last year Aldi UK boss Giles Hurley told The Telegraph he had been made to delay the grocer’s opening schedule as it faced a large number of planning objections from rival supermarkets. Retail Gazette looks at where discounters’ ambitious expansion plans stands now.

Supermarket 72

Supermarket Grocer Planning Location 72

A1 Retail

NOVEMBER 9, 2022

per cent rise in consumer price inflation – as the cost-of-living crunch continues to put pressure on Brits’ personal finances. Supermarket shopping grew 4.6 A further 13 per cent are even growing their own produce at home to save money. Consumer card spending grew 3.5 per cent) but well below the 8.8 per cent – 1.8

Consumer 98

Consumer Planning Beauty and Health Finance 98

Retail Gazette

OCTOBER 5, 2023

The search for the next chair of John Lewis Partnership is underway after current incumbent Sharon White revealed she would be stepping down at the end of her five-year term. On top of that, she has faced fierce criticism around her turnaround plan, which includes a focus on non-retail activities such as house building. Sound familiar?

Supermarket 111

Supermarket Department Stores Grocer Returns 111

Retail Gazette

MAY 3, 2024

An EG Group spokesman told The Telegraph: “EG Group provided loans to the Clear Sky companies at a commercial rate of interest to service external third-party debt. All loans have been fully disclosed in the EG Group accounts, and continue to be so. These loans will be repaid in due course.”

Payment Services 105

Payment Services Finance Accounting Location 105

365 Retail

OCTOBER 11, 2022

A new study from FIS ® (NYSE: FIS), shows how the shopping preferences of younger UK consumers have shifted as adoption of embedded finance services reaches mainstream usage among Millennials and Gen Zs, while their older counterparts are less engaged with newer, digitally-oriented financial experiences.

Merchant Services 98

Merchant Services Payment Services Finance Checkout 98

Retail Gazette

APRIL 16, 2024

Retail Gazette takes a look at the retailers that have gone bust so far in 2024. Ted Baker Administrators at Teneo revealed last week that Ted Baker will close 11 stores and had served notice on an additional four sites in a move that will result in 245 job losses. The sale included a £394.7m

Beauty and Health 115

Beauty and Health Fashion Finance Shopping 115

365 Retail

JANUARY 9, 2024

Additionally, supermarket spending experienced its lowest increase since September 2022, at 2.8%, possibly because consumers had already stocked up on festive items in November, leveraging early discounts. This is likely due to many retailers and supermarkets starting discounts and promotional activity earlier than usual.”

Consumer 104

Consumer Supermarket Department Stores Promotions 104

A1 Retail

MAY 9, 2023

percent) – as rising costs continue to place pressure on Brits’ finances. percent) – as rising costs continue to place pressure on Brits’ finances. percent year-on-year in April – less than half the latest CPIH* inflation rate of 8.9 percent but slightly higher than March (4.0 percent but slightly higher than March (4.0

Consumer 52

Consumer Planning Outdoor Finance 52

Inside Retail

MARCH 30, 2023

Gennette, who has been in the role since 2017, will be succeeded by Tony Spring, who is currently in the same role at Bloomingdale’s, the luxury chain owned by Macy’s. Gennette, who started at Macy’s in 1983, said that he was retiring because it was the right time for him and his family.

Department Stores 130

Department Stores Finance Returns Supermarket 130

Retail Gazette

MAY 8, 2024

As Getir exits the UK, adding yet another country exit to its roster, Vineta Bajaj takes a look at the meteoric rise and lightning speed downfall of speedy grocery. At its peak Getir, backed by Middle Eastern venture capital, was worth $12bn. It also announced that it was planning to leave Spain following a mass redundancy process.

Dead-Stock 64

Dead-Stock Supermarket Fulfillment Consumer 64

365 Retail

JANUARY 8, 2024

A few ways to reduce your regular expenses include: Shopping at a cheaper supermarket Buying supermarket own-brand goods Buying in bulk Buying second-hand Cutting back on luxury items Walking/cycling instead of driving Cutting back on subscriptions Establish Financial Goals It is also important to establish financial goals.

Management 52

Management Finance Accounting Planning 52

Retail Focus

JUNE 21, 2023

The situation has only worsened as people have quit their jobs or moved into new sectors during the pandemic and it has continued with the cost of living crisis putting greater pressure on finances. Supermarkets have led the way in cutting costs with Tesco announcing plans to reduce its headcount by 2,000 in a restructure.

Employee Engagement 147

Employee Engagement Management Finance Supermarket 147

A1 Retail

OCTOBER 11, 2022

Evenings at home and ‘insperiences’ made a comeback leading to a boost for digital content and takeaways. However, the arrival of autumnal weather has encouraged Brits to spend more time enjoying evenings at home, resulting in a boost for at-home categories such as takeaways and digital content. per cent year-on-year.

ATS 52

ATS Finance Supermarket Consumer 52

365 Retail

OCTOBER 11, 2022

However, the arrival of autumnal weather has encouraged Brits to spend more time enjoying evenings at home, resulting in a boost for at-home categories such as takeaways and digital content. This muted growth was largely due to supermarkets only seeing a small uplift (2.8 Consumer card spending grew 1.8 per cent) after a 0.6

ATS 52

ATS Finance Supermarket Consumer 52

Inside Retail

APRIL 29, 2023

Cashless transactions grew significantly at the start of Covid-19 but, over the past year or so, cash acceptance has rebounded slightly. Responding to consumer payment preferences Australians are at the forefront in adopting digital payments. And how can businesses be ready for evolving payment technologies?

Merchant Services 130

Merchant Services Payment Services Customer Experience Point of Sale 130

365 Retail

JULY 5, 2022

He previously spent three years as president and CEO of Walmart in Japan, where he led a 35,000-strong team at Seiyu, the Japanese supermarket business with a significant food and non-food presence. While in the US, he also led finance and business planning for six retail brands including Food Lion, Hannaford and Bottom Dollar Food.

Payment Services 120

Payment Services Supermarket Finance Fulfillment 120

Retail Gazette

JANUARY 29, 2024

Walker said: “He absolutely gets it when I talk to him about the way that the cost-of-living crisis has put unbearable strain on the finances of so many of my customers and their families, and the urgent need for a government that does everything in its power to ease their burden.”

Finance 72

Finance Planning Supermarket ATS 72

Inside Retail

NOVEMBER 15, 2022

We had grown up helping out at our parents’ Asian bakery business and they had instilled in us a strong passion for good food made with quality ingredients. We spent two years perfecting recipes and the production process before leaving our finance jobs and launching Little Moons. IR: What are your plans moving forward?

Finance 130

Finance Supermarket Marketing Consumer 130

Inside Retail

JUNE 5, 2023

Samsara Eco established a partnership with Woolworths late last year, with its infinitely recycled packaging set to be on supermarket shelves in the near future. According to Vongsouthi, the funding has been used to grow its engineering team, invest in research and development and “get serious about its plans for our first recycling facility.”

Apparel 130

Apparel Fast Fashion Fashion Finance 130

A1 Retail

MARCH 7, 2023

Growth of supermarket spending slowed, as consumers continued to find ways to reduce the cost of their weekly shop Produce shortages are impacting grocery shopping behaviour, with tomatoes, eggs, peppers, cucumbers and lettuce the items most difficult to source Spending on public transport jumped 22.6 percent) than in January (10.4

Consumer 52

Consumer Supermarket Discount Store Planning 52

A1 Retail

AUGUST 9, 2022

While still in growth, hospitality and international travel saw month-on-month declines as Brits cut back on holiday and social plans to offset higher outgoings. This comes as nine in 10 report noticing that prices of core supermarket staples have increased since June. per cent and 2.1 in January 2021 to £19.33 over the same period.

Supermarket 40

Supermarket Beauty and Health Finance Consumer 40

A1 Retail

SEPTEMBER 5, 2023

Supermarkets and food and drink specialist stores also saw weaker spending growth (4.5 The majority of these supermarket savers are buying budget or own-brand goods over branded items, as well as cutting down on luxuries or one-off treats for themselves (both 52 percent). Spending on essentials saw just 1.0 percent and 4.9 percent).

Beauty and Health 59

Beauty and Health Finance Supermarket Consumer 59

A1 Retail

SEPTEMBER 6, 2022

Shopping at clothing and department stores declined, as one in four are cutting back on new clothes and accessories. Confidence in the future of the UK economy continues to wane, now at its lowest level since August 2020 – during the first summer of the pandemic. Supermarket shopping saw its largest year-on-year uplift (4.7

Finance 52

Finance Beauty and Health Department Stores Accessories 52

A1 Retail

MARCH 8, 2022

Brits cut back on the weekly grocery shop amid increasing inflation, with supermarket shopping seeing its lowest uplift since February 2020 . The travel sector, while still in decline, had its best month since before the pandemic, as a third of consumers report making holiday plans a priority. While supermarket shopping grew 12.9

Returns 40

Returns Consumer Beauty and Health Supermarket 40

A1 Retail

DECEMBER 7, 2021

Colder and darker evenings meant nights at home proved popular, with surges in spend on takeaways, subscriptions, and electronics. Concerns remain over personal finances, with nine in 10 Brits worried about rising household and energy bills. per cent), as spending at supermarkets (13.0 per cent and 69.2 per cent and -28.1

Consumer 74

Consumer Beauty and Health Finance Outdoor 74

Inside Retail

OCTOBER 14, 2021

Lovisa CEO exits business after 12 years at the helm. After 12 years at the helm of jewellery retailer Lovisa, Shane Fallscheer has stepped down from his role as chief executive and managing director, effective October 14. She has also held senior roles in supermarkets buying, marketing and replenishment.

Fast Fashion 130

Fast Fashion Management Outdoor Finance 130

Retail Gazette

MARCH 14, 2024

John Lewis appeared to backtrack on Dame Sharon White’s original turnaround plan as CEO Nish Kankiwala vowed to focus “unashamedly” on retail after the partnership posted its first profit in four years. We’ve secured the funding we need for the four years of the plan. Where is it investing?

Planning 107

Planning Department Stores Beauty and Health Supermarket 107

A1 Retail

MAY 10, 2022

per cent year-on-year, with nine in 10 concerned about the impact of rising household bills on their finances. Shopping at supermarkets and food and drink specialist stores grew 15.9 The proportion of Brits feeling concerned about the impact of higher household bills on their finances remained high at 90 per cent.

Consumer 75

Consumer Beauty and Health Finance Department Stores 75

A1 Retail

APRIL 12, 2022

Nine in 10 consumers are concerned about the negative impact of rising household bills on their personal finances. However, the cost of living is causing increasing concern for most UK adults, with travel plans and shopping preferences changing in response to rising fuel and food prices. Supermarkets saw a 16.9 per cent and 18.8

Consumer 40

Consumer Finance Outdoor Supermarket 40