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.

Marketing 147

Marketing Beauty and Health Finance Supermarket 147

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 111

Planning Department Stores Beauty and Health Supermarket 111

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.

Boutique 246

Boutique Finance Planning Supermarket 246

A1 Retail

JANUARY 10, 2023

Supermarket growth slowed as many Brits stocked up on festive food and drink earlier than usual to help spread the cost and avoid shortages. Supermarket spend remained in growth (up 5.5 Spending on utilities climbed 40.6 percent, as the drop in temperature led more households to increase their heating . percent and 62.4 percent and 28.8

Finance 98

Finance Outdoor Supermarket Department Stores 98

Retail Gazette

FEBRUARY 2, 2024

Mamas & Papas has poached Asda’s finance exec Sarah Ashby as its new chief financial officer. Asbhy, who took up the post on January 19, most recently served as the supermarket chain’s senior finance director of projects and M&A.

Finance 98

Finance Grocer Supermarket Promotions 98

Retail Gazette

MARCH 27, 2024

The supermarket saw like-for-like sales, excluding fuel, soar 4.6% Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Morrisons CEO Rami Baitiéh said: “In January I outlined our plan to reinvigorate, refresh and strengthen Morrisons as we started our next chapter.

Grocer 116

Grocer Payment Services Supermarket Wholesale 116

Retail Gazette

AUGUST 9, 2024

In the wake of Asda’s second quarter results, the supermarket has outlined three key areas it plans to focus on to improve performance over its second half. ” The finance boss noted that Asda has already invested £70m on 120 product price cuts over the first half of the year and launched Lidl and Aldi price matches during 2024.

Checkout 111

Checkout Supermarket Grocer Planning 111

Retail Gazette

MAY 9, 2024

The move will make the supermarket the first to set out such a clear commitment across its store to net zero, including in its meat and dairy goods, The Telegraph reports. Regenerative agriculture is a philosophy of farming centred around protecting soil to enhance its ability to store carbon and biodiversity, according to the publication.

Supermarket 115

Supermarket Grocer Finance Planning 115

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 105

Planning Employee Engagement Finance Supermarket 105

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. said Thota.

Payment Services 262

Payment Services Supply Chain Management Supermarket Accounting 262

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 75

Supermarket Grocer Finance Marketing 75

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.

Finance 162

Finance Accounting Planning Shopping 162

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

Consumer 98

Consumer Planning Beauty and Health Finance 98

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.

Supermarket 115

Supermarket Grocer Drop-Shipping Planning 115

Retail Gazette

SEPTEMBER 26, 2024

The retailer said it would concentrate its transformation efforts on 850 smaller sites, including petrol stations, smaller supermarkets, and Asda Express convenience stores over the golden quarter, rather than its larger stores where the bulk of its customers shop. Click here to sign up to Retail Gazette‘s free daily email newsletter

Grocer 105

Grocer Checkout Supermarket Finance 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

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?

Supermarket 111

Supermarket Department Stores Grocer Returns 111

Retail Gazette

OCTOBER 2, 2023

Lidl’s UK operation is facing increased borrowing costs, posing a potential challenge to its relentless growth plan across the nation. Along with fellow discount rival Aldi, the grocers have stolen significant market share away from traditional supermarkets, with the pair accounting for £1 of every £5.50 spent in grocers.

Planning 59

Planning Grocer Supermarket Finance 59

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

Retail Gazette

JUNE 23, 2024

The supermarket is set to refurbish 80 of its stores as part of a near £1bn investment over the next three years and also open its first new shops in almost 10 years. This will see the partnership up investment this year by 70% to £542m. White told The Telegraph that the convenience sector will be its top priority for expansion.

Finance 105

Finance Supermarket Returns Planning 105

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 105

Consumer Supermarket Department Stores Promotions 105

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

DECEMBER 4, 2024

The Mike Ashley-controlled retail empire said the fashion business had “consistently missed its business plan targets and, notwithstanding support from the group, has continued to make material losses”. It then began discussions with several parties, including Apollo and shareholder Richemont, about securing new financing.

Shopping 124

Shopping Beauty and Health Fashion Planning 124

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 121

Beauty and Health Fashion Finance Shopping 121

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.

Department Stores 130

Department Stores Finance Returns Supermarket 130

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 Customer Experience Finance 130

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

Inside Retail

MAY 31, 2023

The long-awaited nationwide retail policy aims to facilitate smoother business operations by providing easier access to finance and infrastructure. In addition to this, the department is also planning to develop an e-commerce policy for online shops.”

Beauty and Health 130

Beauty and Health Finance Supermarket Apparel 130

Retail Gazette

MAY 3, 2024

. “These specific loans have been provided at rates comparable to the average commercial rate of interest, and that interest has been identified and recognised within EG Group’s finance income. These loans will be repaid in due course.”

Payment Services 105

Payment Services Finance Accounting Location 105

365 Retail

OCTOBER 28, 2024

In London, where Lidl was recently ranked as the capital’s third largest supermarket, three new stores will open. The planned locations include Hoxton, Forest Gate, and Caterham, further strengthening the retailer’s established presence in the capital.

Supermarket 64

Supermarket Finance Planning Location 64

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

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.

Merchant Services 130

Merchant Services Payment Services Customer Experience Point of Sale 130

Retail Gazette

OCTOBER 10, 2024

He took up the CEO position in March 2023 to help White with the day-to-day running of the supermarket and to “supercharge” its transformation. Asda Asda co-owner Mohsin Issa stepped back from the helm of the supermarket in September, with chair Lord Rose taking over the running of the chain.

Beauty and Health 111

Beauty and Health Fashion Supermarket Promotions 111

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

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 100

Finance Planning Management Supermarket 100

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

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