Author: Scott Dylan

Retailers face significant challenges due to data protection laws in tackling shoplifting, hindering their ability to deter and manage repeat offenders.Current data regulations prevent naming and shaming tactics, which could deter shoplifters and assist staff in identifying frequent offenders.Industry leaders express frustration over limited police involvement in escalating shoplifting incidents, attributed partly to economic strain.Some retail chains report a surge in shoplifting incidents, highlighting inadequacies in handling the situation under current legal frameworks.Discussions intensify on whether adjustments to laws could enhance security measures without compromising individual privacy rights.Retailers across the UK are finding themselves increasingly hampered by data protection laws…

Tesco is making substantial changes to its Express stores in response to the cost-of-living crisis, aiming to provide more affordable options for consumers.The initiative involves replacing 50 everyday items with significantly cheaper alternatives, many from Tesco’s own-brand range.These changes, which will roll out over the next two weeks, promise to offer some products at less than a third of their previous prices.Research by Which? highlighted a lack of budget-friendly options in convenience stores, prompting Tesco’s strategic adjustments.Tesco’s efforts are part of a broader industry trend towards introducing more cost-effective products in smaller, localised stores.In light of the ongoing cost-of-living crisis,…

Recent data indicates that essential food prices have increased by more than 30% in the UK over the last two years.Despite a recent slowdown in price rises, key items such as milk and bread have experienced significant inflation.Research highlights substantial price hikes in groceries like cheese, butter, and bakery goods.Consumer advocacy groups are placing increased pressure on retailers to offer more budget-friendly options.Major supermarkets are adapting by expanding their value and own-brand ranges to meet consumer demand.Recent research reveals that the prices of essential food items in the UK, such as cheese, butter, and bread, have surged by over 30%…

Unilever’s CEO Hein Schumacher plans to reassess the company’s operations in Russia, following significant international scrutiny and a personal plea from a Ukrainian soldier.The commitment to review comes as Unilever continues operations where other firms have exited due to geopolitical tensions related to Russia’s actions in Ukraine.Unilever justifies its presence in Russia by arguing that halting operations could lead to state control of assets, opposing calls from various quarters urging cessation.Valeriia Voshchevska from the Ukraine Solidarity Project has welcomed the CEO’s intention, citing reputational risks and ethical considerations.The debate puts Unilever in a complex position as it weighs the potential…

The Women’s World Cup 2023 is set to significantly influence UK retail sales.Forecasts suggest retailers will net £463 million from the World Cup period.Approximately 7.1 million Brits plan to watch the matches, stimulating economic activity.Retail sales are expected to surpass those of hospitality venues by a substantial margin.Family-oriented consumer offers are seen as a key strategy for retailers.Retailers in the UK are gearing up for a considerable financial uplift, projected at £463 million, as the nation turns its attention to the Women’s World Cup in 2023. According to a spending report by VoucherCodes, around 7.1 million Brits are expected to…

Deliveroo is set to propose a substantial shareholder dividend amidst improved financial performance.Deliveroo has reduced its financial losses significantly in the first half of the year.The company’s adjusted EBITDA shows profitability ahead of expectations due to strategic financial management.An increase in customer spending per order has contributed to a revenue rise, despite fewer orders being placed.Deliveroo has completed significant share buybacks and is exploring further capital returns to shareholders.Deliveroo is contemplating a shareholder payout of up to £250 million via dividends, as the company demonstrates increased confidence after markedly reducing its losses. In the first half of the year, Deliveroo…

Tesco’s latest net-zero goals have gained official approval from the Science Based Targets Initiative (SBTi).The UK retailer aims to achieve carbon neutrality in its operations by 2035, and its value chain by 2050.Through its Planet agenda, Tesco focuses on product improvement, decarbonising transport, and reducing store emissions.Tesco has made notable progress, including adopting renewable energy and introducing electric HGVs.Group Chief Executive Ken Murphy reaffirms Tesco’s commitment to transforming business operations for sustainability.Tesco has recently celebrated its latest net-zero commitments receiving validation from the Science Based Targets Initiative (SBTi), marking it as one of the pioneering retailers in this endeavour. The…

Top vegan meat-free brands in the UK are facing significant challenges due to the ongoing cost-of-living crisis and changing consumer behaviour. Meatless Farm, once thriving, faced near collapse but was rescued by a competitor. VFC has expanded but shows interest in scaling amidst financial pressures. Beyond Meat reported a significant drop in sales due to market and consumer perception issues. LoveSeitan has ceased trading as they struggled to convince consumers of their product’s benefits.The vegan meat-free sector in the UK is navigating turbulent waters as the cost-of-living crisis continues to affect consumer spending habits. With 73% of vegan shoppers aiming…

Asda has announced a reduction of 8% in its ‘Just Essentials’ product range, impacting various food items.A total of 296 lines will now be available, compared to the previous 293.Items such as chicken thigh portions, cheddar, and spaghetti are among those removed.Despite removals, seven new products have been introduced, including breaded fish fillets and chicken nuggets.Asda continues to monitor its product range to meet customer needs effectively.Asda, the renowned supermarket chain, has recently made the decision to reduce its ‘Just Essentials’ product line by 8%. This adjustment translates into a total offering of 296 products, down from the previous 293…

Tesco is distributing almost £80 million in Clubcard vouchers this August as part of its quarterly statement.The funds are aimed at aiding customers during the summer or prepping for the upcoming school year.These vouchers can be redeemed across various Tesco platforms, from groceries to petrol stations.Tesco offers flexibility in voucher use, including charitable donations through its website.Approximately four million Clubcard users benefit from personalised coupons bi-weekly, with significant annual savings.Tesco is set to distribute nearly £80 million in Clubcard vouchers this August, aligning with the supermarket’s quarterly statement. The vouchers, anticipated to arrive by 12th August, are strategically timed to…