Inside Retail

JUNE 29, 2022

Walgreens’ move to call off the sale comes as private equity bidders Apollo Global and TDR faced headwinds in raising financing for the deal, several sources told Reuters, as banks were wary of underwriting large chunks of the financing due to tough market conditions. billion in debt to fund the deal.

Marketing 147

Marketing Beauty and Health Finance Supermarket 147

Inside Retail

JUNE 28, 2023

Food for thought At IGA, supermarket sales rose 2.1 Both supermarket giants will release their full-year results in late August. The community-based store resonates with Australians, because the managers or the owners are from and of the community, [and] often source products that are particularly relevant to their local communities.”

Supermarket 130

Supermarket Finance Accounting Management 130

Retail Gazette

OCTOBER 27, 2023

After facing questions by MPs on the Business and Trade Committee over his management of the supermarket, Mohsin Issa wrote a letter to the committee, which was published last week, where he clarified its corporate structure, setting out a list of 24 companies that were connected to the supermarket.

Supermarket 113

Supermarket Finance Management Marketing 113

Inside Retail

JULY 13, 2023

Coles names new data manager By Dean Blake Supermarket chain Coles has announced the appointment of David Han as general manager for its digital engineering and data division. She has a background in marketing, finance and accounting which gained from her previous roles.

Finance 130

Finance Fashion Supermarket Accounting 130

Retail Gazette

AUGUST 30, 2023

The billionaire brothers behind Asda are understood to be close to the sale of another chunk of the supermarket’s property portfolio in a bid to bring down its mounting debt pile. Mohsin and Zuber Issa, backed by TDR Capital, are said to be in talks with an Australian finance house for a deal worth about £500m.

Finance 113

Finance Supermarket Management ATS 113

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 237

Finance Employee Engagement Supermarket Management 237

365 Retail

AUGUST 23, 2021

Morrisons agreed a £7 billion offer on Thursday evening in the latest twist in the UK supermarket chain’s dramatic takeover battle. 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. billion in the hope this would help it secure a deal.

Supermarket 59

Supermarket Grocer Returns Finance 59

Retail Gazette

FEBRUARY 6, 2024

Asda has promoted its former vice president and group property director Chris Walker as managing director of its Express stores. The grocery giant said he would be supported by its senior directors across central retail operations, commercial, retail field operations, finance and people.

Promotions 57

Promotions Supermarket Finance Management 57

Inside Retail

APRIL 14, 2024

In an industry with a very high percentage of female employees and, positively, strong representation in management ranks, there is still room at the top for many more women in leadership roles as CEO and company directors in major retailers. The retail industry accounts for 9.8 per cent of the total Australian workforce with around 1.5

Management 130

Management Department Stores Finance Supermarket 130

Retail Gazette

DECEMBER 19, 2023

The tale of Britain’s two private equity-owned supermarket buyouts took a new turn when Asda owners the Issa brothers unveiled a £2.3bn merger between the supermarket chain and the UK and Ireland operations of their other business, petrol station giant EG Group earlier this year. Debt piling: A burden or helping hand?

Grocer 125

Grocer Supermarket Finance Returns 125

A1 Retail

FEBRUARY 6, 2024

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. Growth in supermarket spending increased to 5.2 percent year-on-year in January – less than the latest CPIH* inflation rate of 4.2 percent – up from 2.8

Consumer 59

Consumer Supermarket Finance Merchant Services 59

Retail Gazette

OCTOBER 5, 2023

Potts joined the supermarket in 2015 after almost four decades at Tesco, where he started on the shop floor aged 16 and rose through the ranks to run its Asian operations. Price stepped down as deputy chairman and managing director of Waitrose in 2016 after 33 years at the business.

Supermarket 109

Supermarket Department Stores Grocer Returns 109

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

Retail Gazette

MAY 21, 2024

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning The update comes after the mutual became the first UK retailer to adopt a sustainability-linked financing facility in 2019, with the new targets building on this commitment.

Finance 99

Finance Planning Management Supermarket 99

Inside Retail

AUGUST 24, 2023

McLay formerly worked at Australian supermarket chain Woolworths, serving as general manager of a number of divisions, including replenishment, cost focus, and business development, as well as operations manager for logistics. “I

Outdoor 130

Outdoor Finance Management Supermarket 130

Retail TouchPoints

MAY 4, 2022

Studies have shown that unpleasant sounds or “noise clutter” in retail stores and supermarkets can reduce sales by nearly 30%. In-store staff are the public face of the retail company with varying duties and responsibilities like interacting with customers, handling finances and carrying out stock control. manufacturers.

Shopping 263

Shopping Finance Supermarket Management 263

Retail TouchPoints

APRIL 6, 2023

Retail is already seeing successful use cases: Albertsons recently rolled out a predictive ordering platform from Afresh Technologies designed for the rapidly changing nature of fresh products to more than 2,000 of its supermarkets, providing department managers with easy-to-use ordering tools leveraging real-time insights.

Payment Services 218

Payment Services Supply Chain Management Supermarket Accounting 218

365 Retail

MAY 26, 2022

The Retail Trust’s survey of more than 1,500 retail staff, published within its new Health of Retail report , found that most of those intending to leave blame concerns around their finances, rising levels of abuse from customers, and deteriorating mental health coming out of the pandemic. Rising abuse.

Planning 105

Planning Employee Engagement Finance Supermarket 105

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 122

Payment Services Supermarket Finance Fulfillment 122

Inside Retail

JULY 21, 2023

The AI model – which is the same type of technology used to train chatbots like ChatGPT – is designed to address challenges in sectors such as retail, logistics, finance, health, and urban planning, by leveraging a mix of 70 per cent generalised data and 30 per cent native intelligent supply chain data.

Merchant Services 130

Merchant Services Supply Chain Management Finance Customer Experience 130

Retail Gazette

APRIL 16, 2024

Muji told TheBusinessDesk.com : “This is part of a planned strategic restructuring of the business and Muji’s management expect to conclude a deal shortly. It then began discussions with several parties, including Apollo and shareholder Richemont, about securing new financing.

Beauty and Health 119

Beauty and Health Fashion Finance Shopping 119

Retail Gazette

MAY 8, 2024

Work and labour is managed through algorithms as a way of ramping up delivery-time targets and orders per delivery with very little human interaction or empathy. The supermarkets’ rapid delivery arms were created in response to the likes of Getir but only as a small part of their long established online delivery services.

Dead-Stock 62

Dead-Stock Supermarket Fulfillment Consumer 62

Mass Relators

APRIL 13, 2021

WEST DES MOINES, Iowa — Hy-Vee announced the hiring of Jason Buhrow as the regional supermarket chain’s chief data officer. Buhrow starts in his new role at Hy-Vee on April 19, bringing significant experience in the retail, insurance, finance, non-profit and manufacturing sectors.

Finance 52

Finance Supermarket Customer Experience Management 52

Retail Gazette

MARCH 14, 2024

” The partnership’s finance director Bérangère Michel says the business is in “good financial health” in pursuing the rest of its turnaround strategy and has secured the funding it needs for the remainder of the plan, helped by a £260m injection of cash from the sale and leaseback of 11 Waitrose stores and a new term loan.

Planning 109

Planning Department Stores Beauty and Health Supermarket 109

Inside Retail

OCTOBER 14, 2021

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. Woolworths Group has named Annette Karantoni as chief supply chain officer and managing director of its supply-chain arm Primary Connect. Asos CEO, chairman step down.

Fast Fashion 130

Fast Fashion Management Outdoor Finance 130

Inside Retail

APRIL 29, 2023

Yet cash payments are expensive for businesses to manage. This leads to wider adoption and acceptance of frictionless retail experiences where customers leave a store or a supermarket with their basket contents automatically billed to their device without a card or contact.

Merchant Services 130

Merchant Services Payment Services Customer Experience Point of Sale 130

Retail Times

APRIL 20, 2022

Workday, Inc.,

Finance 40

Finance Supermarket Management 40

A1 Retail

AUGUST 9, 2022

This comes as nine in 10 report noticing that prices of core supermarket staples have increased since June. The increase was driven largely by fuel and supermarket shopping, both of which saw year-on-year growth (29.9 The average value of a supermarket transaction has dropped from £23.67 per cent and 2.1 over the same period.

Supermarket 40

Supermarket Beauty and Health Finance Consumer 40

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 Consumer card spending grew 3.5 per cent year-on-year in October – higher than in September (1.8 per cent) but well below the 8.8 per cent – 1.8 Image courtesy of Unsplash.

Consumer 98

Consumer Planning Beauty and Health Finance 98

A1 Retail

MARCH 14, 2023

Aldi is the second largest retailer of Fairtrade flowers in the UK and in 2022 the supermarket sourced 2.7 Fairtrade and Aldi’s programme will deliver a variety of interventions, including enhancing representation of women in management structures and on worker committees and improving dispute resolution and grievance mechanisms.

Promotions 52

Promotions Finance Supermarket Management 52

365 Retail

OCTOBER 11, 2022

This muted growth was largely due to supermarkets only seeing a small uplift (2.8 Of these shoppers, 43 per cent are paying closer attention to the prices of items they buy regularly, 40 per cent are cutting down on luxuries or one-off treats for themselves, and 36 per cent are purchasing own-brand or value ranges in supermarkets.

ATS 52

ATS Finance Supermarket Consumer 52

A1 Retail

OCTOBER 11, 2022

This muted growth was largely due to supermarkets only seeing a small uplift (2.8 Of these shoppers, 43 per cent are paying closer attention to the prices of items they buy regularly, 40 per cent are cutting down on luxuries or one-off treats for themselves, and 36 per cent are purchasing own-brand or value ranges in supermarkets.

ATS 52

ATS Finance Supermarket Consumer 52

Retail Gazette

JANUARY 25, 2024

However, despite a pull back in lavish spending over the festive period, there was still a desire to celebrate, with most of the big supermarkets reporting stellar trade. Burberry also cited similar issues when it too warned on profits after sales dropped 7% across the golden quarter as consumers reined in their spend on designer purchases.

Promotions 113

Promotions Fashion Consumer Marketing 113

Mass Relators

MAY 24, 2021

Smart & Final’s owners — funds managed by affiliates of private equity firm Apollo Global Management — will receive about $620 million for chain’s 256 warehouse-style grocery stores in California, Arizona and Nevada. Grupo Comercial Chedraui owns and operates supermarkets and hypermarkets in Mexico and the United States.

Finance 40

Finance Supermarket Management Marketing 40

A1 Retail

JANUARY 3, 2023

However, the cost-of-living squeeze meant overall retail spend was down compared to 2021, with consumers using smaller basket sizes as a way of managing budgets. Just like retail spending more broadly, face-to-face spending at supermarkets was up 2.1 Active money management. Consumer card spending increased 10.6 percent in 2022.

Consumer 52

Consumer Beauty and Health Supermarket Returns 52

Retail TouchPoints

MARCH 29, 2022

Everyone is on different channels doing different things, and we’re more siloed than ever before,” said Greg Ives, Senior Product Marketing Manager at ChannelAdvisor. You need to get buy-in from across the organization — from the finance team, from the customer service team, from the IT team, from the marketing team.

Payment Services 204

Payment Services Merchant Services Consumer Customer Experience 204

Retail Minded

NOVEMBER 8, 2022

University of Leicester’s Adrian Beck, a retail finance expert, estimates that moving half or more of transactions to self-service pushes losses 77% higher. Trigo’s digital twin can be used for other purposes too, such as inventory management. . Many of today’s versions result in high losses.

Checkout 97

Checkout Payment Services Inventory Management Grocer 97