article thumbnail

Grocers lead retail sector in balancing profit pressure, planet and price rises

A1 Retail

By Gurpreet Gujral, Fund Manager and Head of Renewables at Atrato Partners With lower food price inflation, upwards cost pressure on the shopping basket has softened slightly, but elevated energy costs and inflating input prices continue to threaten retailers’ bottom lines.

Grocer 59
article thumbnail

Waitrose boss claims ‘era of cheap food is over’

Retail Gazette

Waitrose executive director James Bailey has claimed the “era of cheap food is over,” days before the grocer is due to unveil a new initiative to support its British farmers in switching to regenerative agriculture. “We need to witness the end of cheap food and a reversal of the value of the food people are eating.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Showfields and the bankruptcy of the ‘most interesting store in the world’

Inside Retail

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.

article thumbnail

Best of 2023: Is private equity ownership slowly killing retail?

Retail Gazette

GMB national officer Nadine Houghton argues the grocer is being used by its owners as a “cash cow” and warns that rising interest rates will leave the retailer’s debt level “unsustainable”. The private equity-owned grocer is not alone in its quest to manage debt. Debt piling: A burden or helping hand?

Grocer 126
article thumbnail

Laying the Operational Foundation for Autonomous Stores

Retail TouchPoints

Preparing Internal Operations for Smart Stores The importance of operational preparedness is especially true for grocers implementing emerging technologies such as autonomous checkout, also referred to as seamless checkout. Companies must excel and stay ahead of the curve in today’s technologically competitive environment.

article thumbnail

Who could replace Sharon White as the next John Lewis Partnership chair?

Retail Gazette

Potts, who stepped away from the grocer last month after nine years, brings a wealth of retail and grocery experience – something that’s desperately needed on the Partnership’s current board and which White has been criticised as lacking. Davies is known to foster a great culture wherever he has gone.

article thumbnail

AWS Q&A: How Retailers can Prepare Ecommerce Operations for COVID-Driven Uncertainty

Retail TouchPoints

Consumers fear for their health and they fear for their finances, especially today with what is around 20 million. If you’re a grocer, you have different problems than if you’re a fashion retailer, right? It’s no longer ‘I always go to the same grocer every week.’ people still without jobs.

Grocer 336