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 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…

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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%…

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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…

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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…

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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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Asda launches a new scratch-cooking range with over 130 ingredients, including 40 new products.The range covers over 10 international cuisines such as Indian, Thai, and Japanese, starting from 80p.A plethora of products is aimed at inspiring creativity, with items like Massaman Paste and Chipotle Breadcrumbs.Asda’s research shows many home cooks enjoy experimenting but find seasoning challenging.Video guides and recipes by social media creators are available to guide and inspire customers.Asda has made a significant move to cater to the growing demand for convenient yet authentic cooking solutions by unveiling a comprehensive scratch-cooking range. This release incorporates over 130 pre-prepared ingredients,…

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Walmart has announced leadership transitions as Judith McKenna retires after over 20 years, appointing Kath McLay as the new International CEO.Judith McKenna steps down after a distinguished career at Walmart, significantly contributing to its transformation into an omnichannel enterprise.Kath McLay, previously head of Sam’s Club USA, known for achieving consistent sales growth, will now oversee Walmart’s international ventures.Chris Nicholas is appointed as the new CEO of Sam’s Club, following McLay’s transition to her new role.Doug McMillon, Walmart’s President and CEO, recognises McKenna’s pivotal role and contributions to the company’s international expansion.Judith McKenna, who announced her retirement after more than two…

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The British dairy sector faces significant challenges with a projected 9% cessation in milk production over the next two years.A survey by the National Farmers Union reveals that 23% of farmers are uncertain about their future in the dairy industry.High feed and energy costs, alongside regulatory demands, are major concerns for dairy farmers.The substantial investment required for compliance with environmental regulations deters increased milk production.Industry leaders call for more resilient and transparent supply chains to mitigate these pressures.The British dairy industry is under considerable strain, as highlighted by recent findings from the National Farmers Union (NFU). According to the survey…

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Aldi is on an ambitious hiring spree, set to recruit 1,700 workers in the UK by year’s end.This recruitment phase is part of Aldi’s strategy to expand its store network to 1,200 by 2025.With a need to open 60 new stores annually, Aldi intensifies its expansion plans to meet growing demand.Amid a cost-of-living crisis, Aldi’s market share rose to 10.2%, reflecting a sales growth of 24%.Aldi’s Recruitment Director highlights the significance of new opportunities and benefits for employees.Aldi is embarking on an expansive hiring initiative, with plans to recruit over 1,700 workers throughout the United Kingdom by the end of…

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The Groceries Code Adjudicator, Mark White, has issued a warning to supermarkets regarding supplier treatment.Supermarkets are urged to address demands from buyers for suppliers to ‘pay to stay’ on shelves.The warning is largely seen as directed at Tesco, following their new supplier fulfilment fees.Tesco’s scheme was initially voluntary but has faced criticism regarding delisting threats.Industry experts suggest Tesco’s approach may lead to challenging discussions with suppliers.The Groceries Code Adjudicator, Mark White, has communicated a strong message to the supermarket industry, urging retailers to reconsider the demands placed on suppliers, specifically concerning financial contributions for shelf space retention. This directive comes…

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