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.
Tesco is broadening its initiative to reduce food waste and offer cost savings by expanding its ‘reduced in price, just as nice’ signage to 300 more supermarkets.The signage aims to help customers easily find discounted products, particularly those approaching their expiry date or end-of-season items.Tesco’s initiative responds to consumer demand for value, highlighted by survey results indicating increased interest in ‘yellow sticker’ products.Claire Lorains, Tesco’s director, emphasised the company’s commitment to minimising food waste and providing quality products at reduced prices.This expansion underlines Tesco’s ongoing strategy to enhance customer experience and promote sustainability within its operations.Tesco has announced a significant…
Meatless Farm products have reappeared on supermarket shelves following a strategic takeover by VFC.After experiencing significant financial challenges, Meatless Farm’s products are now back at Asda.The relaunch includes a variety of plant-based options such as mince, chicken breast, and burgers.Meatless Farm’s revival was described as a ‘golden opportunity’ for innovation by VFC.The products are set to expand to other retailers, maintaining their original manufacturing partners.Meatless Farm products are making a notable return to the shelves of Asda supermarkets, courtesy of a recent takeover by VFC. This comeback marks a significant step forward for the brand, which had faced considerable financial…
Lidl’s latest initiative sees the launch of fully compostable tea bags, enhancing sustainability in their product range.The transition to compostable tea bags is set to prevent approximately 800 million units from reaching landfill each year.This initiative represents part of Lidl’s broader strategy to reduce plastic packaging by 40% by 2025.The tea bags, made from plant-based plylactic acid, assure quality without compromising flavour.Lidl joins other major retailers in the move towards eco-friendly packaging.In a significant move towards sustainability, Lidl has announced the introduction of fully compostable tea bags within its own-brand range. This effort is poised to considerably reduce the environmental…
The post-pandemic era has reshaped the speedy grocery delivery sector, prompting significant consolidations and strategic pivots.During the pandemic, rapid grocery delivery flourished, but with eased restrictions, demand has dwindled, leading to market contraction.Major industry players underwent strategic changes, with some companies merging and others reevaluating their business models.Giants like Getir and GoPuff restructured operations and pursued new collaborations to maintain market presence.Despite challenges, partnerships with established delivery platforms indicate a path forward for the remaining operators.The evolution of the speedy grocery delivery market has been marked by considerable restructurings post-pandemic. The convenience and safety provided during the pandemic saw numerous…
Retailers are strategically adjusting product sizes and prices, impacting consumers as they face ‘super-shrinkflation’.Shrinkflation involves reducing product sizes while maintaining or increasing prices, affecting major supermarkets.Products like McVitie’s Digestives and Penguin biscuits are now smaller yet more expensive than a year ago.Economic factors such as the Russia-Ukraine conflict have contributed to rising input costs for food manufacturers.Commodity prices continue to climb, suggesting that double-digit food inflation will persist throughout 2023.Retail consumers are experiencing a phenomenon known as ‘super-shrinkflation’, where product sizes are reduced and prices increased concurrently. This strategic move by retailers and manufacturers has led to significant consumer impact…
Ocado is enhancing its same-day delivery service amidst growing pressures for operational improvement.The expansion aims to increase the available delivery slots for customers across the UK.Ocado plans to focus on encouraging customers to place larger orders for same-day delivery.The initiative is part of a strategic move to find a viable operating model, amidst industry scepticism.Insiders suggest this move may affect local convenience stores as Ocado aims for larger orders.Ocado is poised to enhance its same-day delivery offerings as it grapples with mounting pressure from part-owner M&S to demonstrate a successful turnaround. Currently, most locations throughout the UK offer same-day delivery,…
Recent footage from East Midland farms supplying Co-op has revealed distressing conditions for chickens, sparking public concern and calls for action.Hidden cameras captured images of chickens in severe distress, with instances of deformities, agony, and death observed in the facilities.The animal protection group Open Cages documented the use of fast-growing chicken breeds, known as ‘Frankenchickens,’ suffering from numerous health issues.In light of these findings, demonstrators have urged the Co-op to adopt the Better Chicken Commitment, which aims to improve the welfare of chickens.Despite significant member support for welfare improvements, Co-op has opted against discontinuing the sale of Frankenchickens to maintain…
Sainsbury’s has introduced a premium ‘Kitchen Deli’ food-to-go line across 100 stores, enhancing convenience for shoppers.The range includes 13 new items, such as wraps, sandwiches, salads, and ready meals, catering to diverse tastes.With environmentally conscious packaging, the initiative reduces plastic use, aligning with sustainability goals.Richard Crampton, Sainsbury’s director, emphasises customer feedback to refine the offerings continuously.Greggs cafes are also being introduced in Sainsbury’s, indicating a partnership expansion in retail.In an ambitious move to enhance customer convenience, Sainsbury’s has launched a new premium ‘Kitchen Deli’ food-to-go range in 100 select stores. This strategic introduction caters to busy shoppers looking for quick,…
Aldi is piloting sensory-friendly shopping hours in select UK locations to enhance customer experience.The initiative will run in nearly 100 stores across various regions, offering quieter shopping times on Tuesdays.Changes during these hours include stopping announcements and reducing noise from till scans to accommodate sensory-sensitive shoppers.Aldi staff have undergone training to assist customers with non-visible disabilities, supported by the Hidden Disabilities Sunflower.Feedback from this trial will inform potential nationwide implementation, demonstrating Aldi’s commitment to accessibility.Aldi, a leading supermarket chain, is launching a trial of sensory-friendly shopping hours across almost 100 stores in the UK, aiming to provide a more comfortable…
Marks and Spencer is transforming its Newcastle store with a £13 million investment, enhancing customer experience.The Northumberland Street store will undergo a thorough redesign while remaining operational during construction.Improvements include a new foodhall by year’s end, with upgrades to clothing and beauty departments completing by early 2024.M&S extends its ‘Scan & Shop’ system to reach more North East customers amidst this investment.The investment aligns with similar developments in London, reflecting M&S’s ongoing expansion priorities.Marks and Spencer reveals a transformative £13 million investment aimed at enhancing its Newcastle store on Northumberland Street, promising an enriched customer experience. The comprehensive redesign of…
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