Inside Retail

JUNE 29, 2022

Walgreens Boots Alliance on Tuesday scrapped the plan to sell its UK high street pharmacy chain, Boots, saying no third party was able to make an adequate offer due to the turmoil in global financial markets. Boots was initially valued at as much as 8 billion pounds, or US$10.88 billion in debt to fund the deal.

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Marketing Beauty and Health Finance Supermarket 147

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?

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Supermarket Grocer Finance Marketing 75

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

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Finance Supermarket Fulfillment Location 258

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.

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Planning Employee Engagement Finance Supermarket 105

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.

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Supermarket Finance Planning Returns 69

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. However, it made an even bigger investment in its expansion plan, opening 50 new branches to Aldi’s 18.

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Supermarket Grocer Drop-Shipping Planning 115

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.

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Supermarket Grocer Planning Location 72

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. Some retailers are leading the way in this effort.

Finance 277

Finance Employee Engagement Supermarket Management 277

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.

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Boutique Finance Supermarket Planning 246

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

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 One in 10 (10 per cent) thrifty shoppers even plan to buy more second-hand / pre-loved items to give as presents this year. Consumer card spending grew 3.5 per cent – 1.8

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Consumer Planning Beauty and Health Finance 98

Retail Gazette

OCTOBER 5, 2023

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. 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. Sound familiar?

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Supermarket Department Stores Grocer Returns 111

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.

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Merchant Services Payment Services Finance Checkout 98

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.

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Beauty and Health Fashion Finance Shopping 121

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.”

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Consumer Supermarket Department Stores Promotions 105

A1 Retail

MAY 9, 2023

percent) – as rising costs continue to place pressure on Brits’ finances. This comes as nearly nine in 10 shoppers (89 percent) say they are concerned about the impact of rising food prices on their household finances, while 67 percent are looking for ways to reduce the cost of their weekly shop. Spending on groceries increased 5.5

Consumer 52

Consumer Planning Outdoor Finance 52

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.

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Management Finance Accounting Planning 52

Inside Retail

NOVEMBER 30, 2021

It will provide a one-stop shop for the public to access net emissions, renewable electricity and offset data for Australia’s largest companies and understand their plans to decarbonise.”. The first report will be published in the second quarter of 2022, with only businesses that opt-in by the end of January to be tracked.

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Finance Accounting Planning Shopping 162

Inside Retail

MARCH 30, 2023

According to Yahoo Finance , Spring will be responsible for leading Macy’s digital, customer, merchandising, and brand teams, while also overseeing Bloomingdale’s and Bluemercury. Gennette, who started at Macy’s in 1983, said that he was retiring because it was the right time for him and his family.

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Department Stores Finance Returns Supermarket 130

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.

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Employee Engagement Management Finance Supermarket 147

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.

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Payment Services Supermarket Finance Fulfillment 122

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

APRIL 29, 2023

“CommBank provides our business customers with Daily IQ to deliver business insights including detailed, anonymised information about their customers, how far they travel, how much they spend and how often – insights increasingly vital for business planning and forecasting.” 7 PwC, Frictionless – the future of shopping, November 2022.

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Merchant Services Payment Services Customer Experience Point of Sale 130

Inside Retail

NOVEMBER 15, 2022

We spent two years perfecting recipes and the production process before leaving our finance jobs and launching Little Moons. So Australia was always a potentially great market for us – though we didn’t have any immediate plans to launch here. IR: What are your plans moving forward? Our sales were up 1300 per cent in Tesco alone.

Finance 130

Finance Supermarket Marketing Consumer 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

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Consumer Supermarket Discount Store Planning 52

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.”

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Apparel Fast Fashion Fashion Finance 130

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.

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Supermarket Beauty and Health Finance Consumer 40

A1 Retail

SEPTEMBER 6, 2022

Supermarket shopping saw its largest year-on-year uplift (4.7 However, spending at supermarkets and food and drink specialist stores has declined compared to July 2022 (-3.6 Data from Barclaycard, which sees nearly half of the nation’s credit and debit card transactions, reveals that spending on essential items grew 7.2

Finance 52

Finance Beauty and Health Department Stores Accessories 52

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

Beauty and Health 59

Beauty and Health Finance Supermarket Consumer 59

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

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Returns Consumer Beauty and Health Supermarket 40

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

A1 Retail

DECEMBER 7, 2021

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 Colder and darker evenings meant nights at home proved popular, with surges in spend on takeaways, subscriptions, and electronics. per cent – slightly less than in October (13.2

Consumer 74

Consumer Beauty and Health Finance Outdoor 74

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?

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Planning Department Stores Beauty and Health Supermarket 111

Inside Retail

OCTOBER 14, 2021

She has also held senior roles in supermarkets buying, marketing and replenishment. With qualifications in both law and accounting, her career has covered both disciplines, focusing on corporate finance, treasury and commercial transactions. Kathmandu names new director with ESG experience.

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Fast Fashion Management Outdoor Finance 130

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

Consumer 40

Consumer Finance Outdoor Supermarket 40