Author: Scott Dylan

Co-op Group renews its media contract with Dentsu for two more years, signifying a continued partnership.The partnership aims to leverage Dentsu’s expertise in customer data to benefit Co-op’s diverse business operations.Through collaborative efforts, significant campaigns like ‘Owned by You. Right By You’ have been launched, promoting cooperative business benefits.The initiative also highlights the launch of the Co-op Media Network, enhancing access to customer shopping insights.Leaders from both organisations express commitment to innovation and shared values to drive positive change.The Co-op Group has renewed its media contract with Dentsu, a global media and marketing agency, for an additional two years. This…

Asda is facing significant challenges following its acquisition by private equity firm TDR Capital and the Issa brothers.Judith McKenna, a former executive, expressed concerns about Asda’s current trajectory at a recent conference.The supermarket chain has struggled with a declining market share and sizable debt issues over the past year.Asda’s transition from Walmart’s legacy IT systems has encountered several problems, affecting operations and employee satisfaction.Judith McKenna expressed hope for Asda’s future but admitted the current situation is disappointing.Former executive Judith McKenna has voiced her concerns regarding Asda’s performance after its acquisition by TDR Capital and the Issa brothers. Speaking at the…

Tesco is exploring artificial intelligence (AI) to enhance shopping experiences through better deals and healthier options.Chief Executive Ken Murphy shared the vision of using AI to analyse Clubcard data, offering personalised product suggestions.The strategy aims to reduce costs for customers by advising on purchases, potentially leading to substantial savings.A focus on health is evident, as AI may recommend products with lower sodium for improved well-being.Tesco is also addressing food waste with a new facility dedicated to converting surplus food into animal feed.Tesco, a leading supermarket chain, is innovating by integrating artificial intelligence to improve customer shopping experiences. During a recent…

UK inflation remained at 2.2% in August, providing some respite for consumers. Meanwhile, core inflation, which excludes volatile elements like food and energy, rose to 3.6%. The Bank of England faces pressure as it prepares to announce its next interest rate decision.Despite the overall stability in consumer prices, core inflation has seen an unexpected rise. According to the Office for National Statistics (ONS), core inflation accelerated from 3.3% to 3.6%, surpassing economists’ forecasts of 3.5%.In contrast, a drop in fuel prices by 3.4% helped maintain the overall inflation rate at 2.2%. Lower fuel costs offered some relief amidst the rising…

Labour ministers are signalling a more flexible approach towards enforcing office attendance for civil servants. The current ruling, a legacy of Conservative governance, appears less stringent under Labour’s administration.Despite the rule technically remaining, ministers show little interest in strict enforcement.Labour’s advocacy for flexible working aligns with broader productivity goals.Business Secretary Jonathan Reynolds links flexible working with improved staff loyalty and productivity.Differing from Labour, some private sector firms, like Amazon, are moving towards mandatory office attendance.While the rule introduced under the Conservatives remains technically in place, ministers have indicated they have no interest in strictly policing office attendance. This shift aligns…

Tesco is considering utilising AI and Clubcard data to guide customers towards healthier food options. This proposed approach has sparked a discussion on its potential impact.AI could monitor customers’ shopping habits and suggest healthier alternatives.Health campaigners support the initiative, especially given the UK’s ongoing obesity crisis.Privacy advocates have raised significant concerns over the potential surveillance aspect of this idea.Tesco emphasises that no individual customer data will be sold or shared.Tesco is exploring the use of AI and data from its Clubcard programme to encourage healthier shopping choices among its customers. This initiative aims to improve dietary habits by notifying shoppers…

Moonpig anticipates meeting its 2025 financial targets despite difficult market conditions.The company’s performance aligns with expectations, driven by consistent sales and order levels.Improvements in website conversion rates and customer acquisition have been noted.Innovations in technology are set to sustain growth, aiming for mid-to-high single-digit sales increases.A collaboration with The Entertainer introduces a new range of products on the platform.Moonpig forecasts alignment with its 2025 financial guidance despite an economic backdrop of consumer caution and restrained spending on larger gifts. According to a recent update, the online retailer has maintained performance in line with its expectations. This consistency is attributed to…

Tesco’s latest move aims to enhance international online grocery operations.Tesco unveils an ecommerce solution similar to Ocado’s offering.Transcend Retail Solutions partners with New Zealand’s Foodstuffs North Island.Experts analyse the competitive threat posed to Ocado.The global grocery delivery market presents significant opportunities for Tesco.Last week, Tesco introduced its latest ecommerce initiative aimed at assisting international supermarket chains in developing their online operations. The initiative, Transcend Retail Solutions, provides both software and hardware solutions to allow supermarkets to fulfil online orders directly from their physical stores. This move comes as a direct competition to Ocado, which has established a similar foothold in…

Exploring Lysa Hardy’s approach to leadership as the new CEO of Hotel Chocolat unveils intriguing personal and professional insights.Lysa Hardy shares her structured morning routine, highlighting the importance of personal development and balance.The CEO discusses a tragic incident from her past work experience, showcasing her crisis management skills.Hardy’s career trajectory, beginning from a market stall, emphasises foundational retail principles.Her aspiration to become an architect reflects her appreciation for design and transformation.Exploring Lysa Hardy’s approach to leadership as the new CEO of Hotel Chocolat unveils intriguing personal and professional insights. As a morning person, Hardy dedicates the initial hours of her…

Footasylum has more than doubled its pre-tax profits, underscoring a year of substantial growth driven by strategic store openings and expansion.The sportswear retailer experienced a 112% increase in pre-tax profit, reaching £6 million, alongside a 7% rise in total sales.Online and wholesale channels contributed significantly, with online revenue up by 15% and wholesale sales surging by 87%.Focused growth in womenswear and juniors segments yielded sales increases of 16% and 14%, respectively.Strategic investments in technology and brand expansion have reinforced Footasylum’s market position.Footasylum has demonstrated impressive financial performance with its pre-tax profits soaring by 112% to £6 million in the fiscal…