Retail TouchPoints

JULY 2, 2024

While the cheeses themselves aren’t sourced on Faire, owner Alex Sinclair said that about one-fifth of the shop is: “We use Faire for very, very niche, little-known products from independent makers in the UK, specifically Scotland, Wales and England,” said Sinclair in an interview with Retail TouchPoints. “If

Wholesale 264

Wholesale Merchant Services Marketing Payment Services 264

Inside Retail

NOVEMBER 16, 2023

Beyond a range expansion, MCoBeauty has “supercharged” its New Zealand footprint, entering into Woolworths’ Countdown supermarket chain and Chemist Warehouse, as well as launching a dedicated satellite office. And, with substantial pressures on customers’ finances, its proposition has gotten even stronger.

Finance 260

Finance Supermarket Marketing Consumer 260

365 Retail

OCTOBER 28, 2024

In London, where Lidl was recently ranked as the capital’s third largest supermarket, three new stores will open. These stores have been relocated, refurbished, or extended to enhance shopping experiences, aiming to provide these communities with a greater variety of products and services.

Supermarket 64

Supermarket Finance Planning Location 64

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 6.3

Finance 98

Finance Outdoor Supermarket Department Stores 98

Retail Gazette

JANUARY 5, 2024

” She continued: “But workers on Asda’s shop floor deserve answers from private equity owners too, especially while Asda’s market share falls and debt levels remain worryingly high. The £500m in borrowings are part of the debts taken on by the supermarket to finance the acquisition of the business back in 2021.

Supermarket 124

Supermarket Grocer Finance Accounting 124

Retail Gazette

MAY 9, 2024

The cuts coincided with the retailer saving roughly £26m in employment costs during the year, while its finances were also aided by its decision not to pay workers a cost of living bonus last year. The supermarket came under fire for offering affected staff a reduced redundancy package after proposing a higher payout back in January.

Supermarket 119

Supermarket Finance Management Shopping 119

Retail Gazette

MARCH 21, 2025

The reshuffle will impact some buying department positions, including non-food, finance and some back-office functions. The supermarket chain is seeking to expand the amount of buying roles at its Atherstone head office. Quiz Quiz fell into administration last month, leading to the closure of 23 shops and the axing of around 200 roles.

Fashion 101

Fashion Fast Fashion Finance Planning 101

Inside Retail

JUNE 7, 2023

It operates 163 units with an average size of just over 5,200 square metres, but 80 of them are much bigger than that: cavernous warehouses where retail buyers and end consumers load up oversized shopping carts with bulk items at wholesale prices. For Siam Makro as a whole (Makro + Lotus’s), finance costs increased by 26.8

Net Profit 130

Net Profit Finance Wholesale Supermarket 130

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. Morrisons has snubbed a £5.5 Who is the potential buyer?

Supermarket 75

Supermarket Grocer Finance Marketing 75

Retail Gazette

OCTOBER 17, 2023

Total till sales at UK supermarkets have seen sustained growth of 9.1% This has been encouraged by an increase in the discounts offered by supermarket loyalty schemes. as the back to school period led shoppers to return to their usual shopping patterns. in the last four weeks ending 7th October 2023, only slightly down from +10.1%

Supermarket 64

Supermarket Finance Returns Advertising 64

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

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

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

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.

Grocer 105

Grocer Checkout Supermarket Finance 105

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. “I wouldn’t be able to pick out one winner over the other, but it will be the supermarket that can adapt the fastest to the opportunity.

Supermarket 115

Supermarket Grocer Drop-Shipping Planning 115

Retail Gazette

JULY 18, 2023

If you shop in a mainstream supermarket, chances are you’ll be familiar with member prices. Retail Gazette looks at why so many supermarkets have adopted this approach, whether it’s proving successful, and how loyalty programmes can stand out when so many retailers are offering member prices.

Supermarket 52

Supermarket Grocer Beauty and Health Promotions 52

365 Retail

APRIL 21, 2021

Changes to enable cashback without purchase in shops must be part of a wider strategy to make sure people are not cut off from cash, according to Which? The UK’s cash infrastructure has come under greater strain during the coronavirus pandemic, with some shops refusing cash and further ATM and bank branch closures.

Shopping 72

Shopping Payment Services Finance Supermarket 72

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. Kirana stores, the neighbourhood convenience shops, are a distinctive feature of India’s retail landscape. For instance, about 2.16

Beauty and Health 130

Beauty and Health Finance Apparel 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 126

Grocer Supermarket Finance Returns 126

Mass Relators

JANUARY 10, 2023

Knight joined Ahold Delhaize as executive vice president, finance, in 2020 after more than four years as chief financial officer at European dairy giant Arla Foods. She previously worked as senior vice president of finance at athletic shoes and sportswear company adidas AG. A search for a successor has begun, the company said.

Finance 40

Finance Supermarket Shopping Marketing 40

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. White said that she was “looking forward to what Waitrose is going to be doing over the next two to three years”.

Finance 105

Finance Supermarket Returns Planning 105

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 was responsible for its alternative approach to loyalty, which saw the supermarket introduce free tea or coffee to its members.

Supermarket 111

Supermarket Department Stores Grocer Returns 111

Inside Retail

APRIL 29, 2024

They reported the second-highest level of satisfaction (64 per cent) with their digital commerce experience in banking and finance – well above the global average of 58 per cent and just behind the UK at 68 per cent. shopping, purchase, shipment, receipt and possible return).

Consumer 130

Consumer Customer Experience Finance Supermarket 130

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 Gazette

APRIL 16, 2024

The Body Shop The Body Shop owner Aurelius called in administrators at FRP in February just weeks after it bought the chain from Brazillian beauty group Natura & Co. 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

I Vend

APRIL 2, 2025

Omnichannel Integration Your customers no longer differentiate between shopping online and in-store and often want to use a blend of channels within the one transaction such as ordering online and collecting in the store (click and collect), buying online and returning in the store (BORIS) or ordering in-store for home delivery.

Management 52

Management Payment Services Inventory Management Point of Sale 52

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

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

JANUARY 30, 2024

The supermarket’s revenues surged 8.1% The supermarket’s CEO Simon Roberts said: “More customers are choosing to shop at Sainsbury’s, recognising our determined focus on value, product innovation and service.” Sainsbury’s scooped up even more market share as sales soared, the latest Kantar figures show.

Supermarket 69

Supermarket ATS Grocer Accounting 69

Retail Gazette

JULY 16, 2023

White said shoplifting had surged 26%, citing recent research by the British Retail Consortium which found more than 850 incidents of violence and abuse towards shop workers are recorded every day. The chairwoman has called for better protection from threats and abuse for store employees in England after a change to the law in Scotland.

Finance 98

Finance Supermarket Shopping ATS 98

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

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 111

Planning Department Stores Beauty and Health Supermarket 111

Shopping Center

APRIL 19, 2023

New York City — Northmarq has arranged $22 million for the refinancing of Village Greens Shopping Center in New York City. Built in 1989, the 75,697-square-foot property is anchored by Key Food Supermarket, CVS/pharmacy and JP Morgan Chase Bank.

Shopping 52

Shopping Supermarket Finance 52

Shopping Center

JANUARY 5, 2023

(MMCC) has arranged a $10 million loan for the refinancing of Carolina Springs Plaza, a grocery-anchored, 125,500-square-foot shopping center located in Margate. El Bodegon Supermarket has anchored the 13.4-acre acre property since 2011.…

Shopping 52

Shopping Supermarket Location Finance 52

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

Consumer 98

Consumer Planning Beauty and Health Finance 98

Inside Retail

APRIL 29, 2023

Consumers, too, preferred to use contactless payments or to shop online. 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

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 Of these consumers, half (47 percent) are using loyalty schemes or vouchers to get money off shopping.

Consumer 59

Consumer Supermarket Finance Merchant Services 59