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 announces £10 million support for UK egg farmers.Egg buying restrictions introduced in 2022 have been lifted.£6 million will be allocated to suppliers from August 2023 to March 2024.The investment follows a previous £27.5 million contribution for UK egg sourcing.Tesco aims for 100% cage-free eggs by 2025, focusing on high welfare standards.Tesco has revealed a new financial package amounting to £10 million aimed at aiding UK egg farmers, marking a step towards recovery for the sector after facing significant challenges over the past 18 months. The initiative aims to stabilise the industry which was impacted by rising costs and the…
Tesco is launching Creams café concessions in select UK stores, expanding its dessert offerings. Starting with Gateshead, new spots will open across the country.The partnership marks the integration of Creams Café into Tesco’s in-store environment, offering 24 gelato flavours and various desserts.These cafés will feature unique décor such as fluorescent details and skateboards, aiming for a family-friendly vibe.Tesco’s collaboration with technology firm Givex will enable digital transformation of its café operations through automated systems.Creams CEO highlights the partnership’s uniqueness in the supermarket landscape, targeting families with young children.Tesco is expanding its dessert offerings by integrating Creams café concessions into several…
Alcohol taxation will now be determined by the strength of the drink as part of new government regulations.Drinks under 3.5% ABV will see decreased tax rates, while those over 8.5% remain unchanged.Significant tax hikes are expected for beverages like port, sherry, vodka, and red wine.Sparkling wine will face a reduced tax rate, unlike beer, which will see a minor increase in retail outlets but remain stable in pubs.The government aims to align these changes with broader public health and fiscal objectives, despite concerns from industry stakeholders.Alcohol taxation is set to undergo substantial changes as new government regulations tie tax rates…
Too Good To Go is advocating for food waste transparency, urging Defra to rethink its non-mandatory disclosure stance.The organisation is responding to Defra’s decision to delay mandatory food waste disclosures until the end of 2026.Despite significant backing during consultations, food waste reporting remains voluntary due to cost concerns.Too Good To Go warns that this decision jeopardises the UK’s environmental and net-zero targets.The group emphasises food waste’s significant role in global greenhouse gas emissions.Too Good To Go, a prominent advocate for reducing food waste, is pressing the Department for Environment, Food and Rural Affairs (Defra) to reconsider its decision to delay…
Asda has introduced a new saved cash feature to boost its Rewards app, appealing to those preparing for Christmas.The Christmas Saver Cashpot, part of Asda’s app, allows users to save up to £300 for holiday spending.Participants can earn a cash bonus, deposited in November, based on their transfers to the Christmas Saver Cashpot.Alternatively, the saved amount can be utilised as vouchers for in-store or online purchases during the festive months.Asda’s initiative aligns with its latest findings on consumer spending challenges in various UK regions.Asda, a prominent supermarket chain, has launched a new feature in its widely-used Asda Rewards app, the…
Greggs has demonstrated resilience with a notable surge in profits and sales.The bakery firm’s pre-tax profits rose to £80 million for the first half of 2023.Total sales increased by 21.5% to reach £844 million.Greggs continues with its expansion plans amid economic uncertainties.CEO Roisin Currie highlights the company’s commitment to value and growth.Greggs, the popular UK high street bakery chain, has reported a remarkable surge in pre-tax profits, amounting to £80 million for the period ending 1 July 2023. This represents a significant increase from £55.8 million recorded during the same timeframe in 2022. The strong trading momentum has largely contributed…
With a dramatic rise in retail crime, Co-op’s managing director urgently calls for police intervention.Retail crime incidents have increased by 35% in one year, worrying local communities and businesses.Police response to serious retail crimes appears lacking, with a reported 71% failure to react adequately.Co-op invests over £200m into safety for workers and stores, highlighting the severity of the issue.Incidents of theft and violence illustrate the urgent need for change, according to Co-op leadership.The Co-op is experiencing a troubling surge in retail crime, revealing a 35% increase in incidents over the past year. This trend has resulted in approximately 1,000 incidents…
The food sector witnesses a surge in product innovations from renowned brands, adapting to market demands and consumer preferences.Heinz introduces a new range focused on culinary versatility, aiming to simplify cooking processes with a variety of tomato products available at competitive prices.Tesco celebrates National Ice Cream Day with the launch of unique flavours, appealing to consumers’ adventurous palates.Nescafé’s dessert-inspired coffee range caters to indulgent consumption while ensuring healthier options with non-HFSS products.Galaxy expands its flavour profile with a new mint variant, supported by strategic in-store marketing initiatives.FMCG leader Heinz has introduced a new range of Culinary Tomatoes, which includes an…
Iceland has redefined the responsibilities of its area managers to enhance operational efficiency across both Iceland and The Food Warehouse stores.Previously, area managers were assigned based on brand, but now they will manage regions instead, ensuring better team collaboration and reduced travel time.The decision aims to unlock growth opportunities for talents within the company, though some employees have expressed concerns about job security.Despite fears, Iceland has assured employees that no redundancies are imminent even as it faces high energy costs and inflation.Several store closures have occurred, with more expected, adding to the unease among the workforce.Iceland has implemented significant changes…
Customer service workers are facing increasing levels of abuse, prompting many to consider resigning.A staggering 44% of employees in customer-facing roles are contemplating leaving their jobs due to escalating hostility from customers.The cost-of-living crisis is identified as a key factor triggering customer frustrations, leading to abuse.Verbal and physical hostility are prevalent, with 75% experiencing shouting and 60% enduring swearing.A new legal framework makes it an aggravated offence to assault retail staff, yet frustrations persist.A recent survey by the Institute of Customer Service (ICS) highlights a concerning trend in the retail sector; 44% of customer service staff are considering leaving their…
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