Author: 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.
The British Retail Consortium foresees a significant financial impact on retailers from the upcoming bottle recycling scheme.Analysis suggests costs might be tenfold higher than government estimates, raising concerns about price inflation for consumers.Calls have been made to delay and reassess the scheme’s implementation to mitigate complexities and expenses.The scheme’s planned introduction has already been postponed in Scotland, signalling potential disruptions.Industry leaders express apprehension over potential economic repercussions and the scheme’s efficacy.The British Retail Consortium (BRC) has raised alarms regarding the financial burden that the net zero bottle recycling scheme might impose on retailers, estimating an annual cost of at least…
Waitrose introduces an initiative offering free coffee to police officers to address rising shoplifting incidents.The ‘thanks a latte’ scheme aims to deter theft by encouraging police presence in Waitrose and John Lewis stores.Assault rates on Waitrose employees have significantly increased, highlighting a growing concern for staff safety.John Lewis’s security claims thefts by ‘greedy’ shoplifters, not merely due to economic hardship.Rising shoplifting incidents are also observed in Co-op stores, with police often unresponsive.Waitrose has launched an initiative where police officers are offered free coffee when they visit their stores. This move is part of a broader strategy to combat the increasing…
Morrisons introduces NHS cancer awareness messaging to underwear labels, supporting early detection.Guidance featured on labels aims to raise body awareness and urge swift GP consultation if needed.The partnership marks NHS’s first collaboration with a national supermarket for health promotion on clothing.A £10,000 donation from Morrisons to NHS Charities Together supports cancer awareness initiatives.Additional support includes Morrisons’ commitment of over £2m to train paramedics.In a recent move to enhance public health awareness, Morrisons has unveiled a new initiative in collaboration with the NHS, integrating cancer awareness messaging into their Nutmeg-branded underwear range. This bold step involves displaying critical NHS advice on…
Tesco announces a pivotal move to enhance affordability for customers by covering VAT costs on its F&F range of period pants.The initiative results in a 20% permanent price reduction, aligning these products with VAT-exempt period items.Tesco is the forefront retailer in supporting the ‘Say Pants to the Tax’ campaign, aspiring for reclassification of period pants.Since 2017, Tesco has been a pioneer, initially covering VAT on tampons and sanitary products.This decision reinforces Tesco’s ongoing commitment to alleviating financial burdens on essential period products.Tesco has introduced a substantial measure to make period pants more affordable by absorbing the VAT costs on its…
The Co-op is broadening a trial to combat shoplifting and organised crime.The initiative involves ‘dummy display packaging’ for high-value items like coffee.Shoplifting incidents have surged, with over 175,000 reported in six months.Director Kate Graham highlights the need for police involvement alongside retailer efforts.Significant investment in safety measures underscores Co-op’s commitment to community and staff.The Co-op has announced the extension of its trial involving anti-theft ‘dummy display packaging’. This strategic move aims to address the escalating issue of shoplifting and deter organised criminal activities that target its stores. By focusing on high-value items such as coffee and laundry products, the initiative…
The UK government is under fire for reversing a proposed food waste law aimed at mitigating climate change and reducing costs.Campaigners argue the abandoned policy could have saved businesses £24.4 million annually by making food waste reporting mandatory.Critics suggest the decision could hamper efforts to lower food prices and tackle greenhouse gas emissions.The Department for Environment, Food and Rural Affairs (Defra) justifies the reversal citing potential cost increases for businesses.Environmental groups express disappointment over the lack of voluntary food waste reporting and call for reconsideration of the decision.The UK government is facing significant criticism following its decision to reverse a…
The UK’s latest retail data reveals a drop in food sales amidst ongoing economic pressures.Retail sales volumes fell by 1.2% in July, revealing a harsh consumer landscape.Supermarkets see a shift to online as bad weather impacts in-store sales.The price increase of food and non-alcoholic beverages reaches nearly 15%.Industry experts express concerns over the long-term outlook for consumer spending.The latest figures disclosed by the Office of National Statistics indicate a 1.2% decrease in retail sales for July, following a 0.6% growth in June, outlining the challenging environment facing consumers. The retail sector is grappling with pressures, notably highlighted by a 2.6%…
As the conflict in Ukraine continues, global corporations face scrutiny over trade in Russia despite widespread withdrawals.Unilever persists in Russian operations, contributing significantly to the economy, raising ethical questions.P&G continues to operate key factories, justifying its presence through business conduct policies.Nestlé remains active in the Russian market with reduced product lines, highlighting employee risks due to conscription laws.Bacardi and Shell’s ongoing trade practices in Russia bring them under fire from international bodies and advocacy groups.Amidst the ongoing geopolitical tensions following Russia’s invasion of Ukraine, several multinational corporations remain active in the Russian market, generating significant discourse about business ethics in…
This Saturday, M&S is set to reward 5,000 lucky customers with free shopping as part of their Sparks loyalty scheme initiative.The special event, ‘Sparks Super Saturday’, enhances the ongoing Sparks giveaway, allowing more members to benefit.Since its relaunch in 2020, Sparks has awarded £3.5 million in free shopping to 17 million members.Customers can win by scanning their Sparks card in store or logging into their account online, with instant results for in-store shoppers.Aldi, another retailer, is also offering free shopping opportunities through a social media competition.On the upcoming Saturday, Marks & Spencer (M&S) plans to surprise 5,000 customers in the…
Waitrose anticipates a major increase in breakfast item demand as the World Cup Final approaches.The retailer has stocked up on popular breakfast ingredients such as bacon, eggs, and sausage.Deliveroo and Uber Eats expect high delivery demand, with brunch searches spiking by 54%.Predicted sales rise for Tesco includes BBQ items, ice cubes, and even Champagne, reflecting the celebratory mood.Football merchandise sales surge at John Lewis, indicating a nationwide enthusiasm for the event.Waitrose is set to meet increased demand for breakfast items, driven by the excitement surrounding the World Cup Final. The retailer has boosted its inventory with popular brunch components like…
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