Author: Scott Dylan
Scott Dylan
Scott Dylan is an accomplished entrepreneur, investor, and philanthropist, best known as the co-founder of Inc & Co and founder of NexaTech Ventures. With a focus on rescuing distressed businesses and supporting AI and tech startups, Scott’s expertise spans multiple sectors including technology, retail, and logistics. A passionate mental health advocate, drawing from his experience with Complex PTSD, Scott frequently writes about business transformation, AI integration, and leadership. Outside of work, he enjoys travelling, music, and spending time with his partner Gareth.
Delli, founded by Simon Beckerman, has successfully raised £4.6m in funding.The platform seeks to transform the independent food market, echoing Beckerman’s success in the second-hand fashion industry.CEO Marie Petrovicka highlights a move toward uniquely crafted food items over mass-produced goods.Delli aims to utilise strategic partnerships and storytelling to enhance its competitive edge.Investors express strong confidence in Delli’s potential amidst changing consumer preferences.Delli, a new venture by Simon Beckerman, known for revolutionising the second-hand fashion industry with Depop, has successfully secured £4.6 million in funding. The platform, co-founded by Marie Petrovicka, is designed to facilitate the buying and selling of unique,…
Asda is currently embroiled in a significant equal pay tribunal case, which could have major repercussions for the UK retail sector.A recent tribunal considers whether retail roles predominantly held by women are of equal value to higher-paid warehouse roles occupied largely by men.The case involves over 69,000 employees represented by the GMB union and Leigh Day, following a similar case at clothing retailer Next.The tribunal’s decision could influence not just Asda but other UK supermarkets facing similar claims, potentially reshaping industry pay structures.Asda contests the claims, maintaining that its pay practices are not gender-based and reflect distinct industry sectors.This week…
Tesco’s attempt to overturn a legal judgment concerning employee rights has been unsuccessful, marking a significant ruling in employment law.The Supreme Court ruled that Tesco cannot terminate contracts with the intent of removing ‘retained pay’.This ruling concludes a prolonged legal battle between Tesco and the Usdaw union.In 2007, Tesco promised ‘retained pay’ to employees in relocation agreements, later challenged by the company.Employees had previously secured a high court injunction, barring Tesco from terminating contracts to remove ‘retained pay’.Tesco faced a definitive legal setback as the Supreme Court upheld a ruling that prevents the company from terminating employees’ contracts solely to…
The UK government has engaged Greenpixie, a London-based startup, to analyse the environmental impact of its digital One Login service.The aim is to understand the energy and water consumption involved in operating the One Login system, a portal for accessing public services.Digital Minister Feryal Clark emphasises the importance of leading by example in climate protection while enhancing public services.Greenpixie CEO John Ridd expresses privilege in contributing to the creation of a sustainable digital government service.Established in 2021, Greenpixie focuses on sustainability data for cloud services and now works closely with the Department for Science, Innovation and Technology (DSIT).The UK government…
Ocado has unveiled a pioneering retail media service, marking a significant step in its strategic journey. This service aims to provide brands with tools for measurable growth and personalised customer experiences. Utilising the Beet platform, Ocado offers sophisticated insights and analytics to advertisers. The initiative targets transforming Ocado into a central hub for grocery advertising trials. The UK retail media market is forecasted to grow substantially in the coming years.Ocado has launched a new retail media service that signifies a transformative chapter in its strategic journey. This development is positioned to empower brands by offering them the capabilities to drive…
Peter Bauer has led a significant investment round for Willo, a Scottish video interviewing platform.Willo’s technology allows companies to interview candidates without scheduling conflicts.Investment led by Bauer supports innovation in job candidate screening and simplifies hiring processes.Willo’s client list includes globally recognised brands such as the NHS, Prada, and Samsung.This funding round brings Willo’s total investment to £4.2m.Mimecast’s co-founder, Peter Bauer, has spearheaded a £1.8 million funding round for Willo, the Glasgow-based video interviewing platform. The investment marks a strategic push for Willo, aiming to refine and expand its innovative technology designed to streamline the recruitment process. By enabling asynchronous…
Waitrose has achieved substantial profit growth, attributed to customer increase and high availability.For the half-year ending 27 July, Waitrose reported a £75 million rise in adjusted operating profit.Sales have increased by 5%, with customer numbers growing by 300,000 over ten consecutive quarters.John Lewis Partnership’s transformation plan is cited as a driving factor in Waitrose’s success.In-store initiatives and partnerships have bolstered Waitrose’s market position.In a notable achievement, Waitrose has reported a significant profit increase for the 26 weeks ending 27 July. The company’s adjusted operating profit surged by £75 million, reflecting the effective execution of its strategic initiatives aimed at enhancing…
Waterstones has announced a comeback to Oxford Street by partnering with John Lewis for a new bookshop.The shop-in-shop will open on October 8, 2024, on the second floor of John Lewis, adjacent to its café.This new location will house nearly 20,000 books across various genres including non-fiction, fiction, and children’s literature.Waterstones had previously closed its Oxford Street stores, the last shuttering in 2016.The partnership aims to enhance the customer experience with expert bookseller guidance and author signings.In a strategic move, Waterstones is set to re-establish its presence on Oxford Street through a partnership with the reputable department store, John Lewis.…
Boohoo is undergoing significant strategic shifts amidst financial pressures and competitive market dynamics.Boohoo is closing its US distribution centre, a decision expected to cost a minimum of £34m.The company faces fierce competition from Shein, putting pressure on Boohoo’s market position.Boohoo confronts a looming debt deadline, adding to the financial strain.Leadership changes are underway with Umar Kamani returning, signalling potential strategy shifts.Boohoo recently announced the closure of its US distribution centre, a mere year after its opening, a move expected to incur at least £34 million in cost. This decision comes as a part of Boohoo’s strategy to reposition itself for…
Convenience stores are experiencing rapid growth alongside supermarkets expanding their reach.In the first half of 2024, 85 convenience stores were opened, driven by major grocery chains prioritising smaller sites.Asda, Morrisons, M&S, and Waitrose have announced significant expansion plans for their convenience formats.A £1bn investment has been made by retailers to refurbish stores and enhance energy efficiency and security.The trend reflects a shift towards catering to hybrid consumer lifestyles and immediate needs.Convenience stores are currently in a unique growth phase, with more than one opening each week, as indicated by recent data from PwC. In the first half of 2024 alone,…
