Author: Scott Dylan

Iceland has reintroduced its popular 1p online sale, providing significant savings during the summer holidays amidst rising living costs.Selected products will be available for just 1p each day until 11 August, targeting grocery essentials.Items such as chicken dippers, bacon, and Kit Kat chocolate bars are included in the promotion.Discounted prices are accessible via a daily code shared on Iceland’s Instagram and app.The initiative aims to ease financial burdens for families by offering unbeatable value on popular fridge and freezer items.Iceland has strategically re-launched its acclaimed 1p online sale, a timely initiative designed to assist consumers grappling with the mounting cost-of-living…

Asda faces a formidable £1.2 billion liability in a pivotal equal pay lawsuit.Leaked information shows disparity in pay between shopfloor and distribution centre roles.Approximately 55,000 shopfloor workers could be impacted by this pay inequality.The lawsuit underscores broader implications for the entire supermarket and retail sector.Asda defends its position, citing distinct skill requirements for different roles.In a development that could shape the retail industry, Asda is on the brink of facing a £1.2 billion payout due to a historic equal pay legal challenge. An email leaked to ITV News has unveiled disparities in remuneration between predominantly female shopfloor workers and their…

Matt Hood, Co-op’s MD, refutes claims of profiting from high prices, amid escalating shoplifting.The retailer faced over 175,000 crime incidents in six months, revealing a growing issue.Disappointment voiced over public comments defending shoplifting as non-serious.Criticism surrounds the narrative linking shoplifting to unbearable living costs.Hood demands police involvement as Co-op invests heavily in safety.Co-op Managing Director Matt Hood has robustly challenged the association of rising shoplifting rates with claims of excessive profiteering by supermarkets. The assertion that retailers are benefitting from inflated food prices has been put forward by some as a justification for what Hood describes as “out of control”…

The Co-op has introduced a landmark £70m investment to reduce prices on essential goods.Members can now enjoy lower prices on items like milk, eggs, and bread.The strategy aims to match competitors’ pricing, enhancing value for loyal customers.Over 600 product lines have been affected by this pricing overhaul.The initiative addresses consumer needs amidst ongoing financial challenges.The Co-op has embarked on its most significant pricing investment to date, allocating £70 million to reduce prices on essential everyday items such as milk, eggs, and bread. This strategic move seeks to provide exclusive benefits to members, offering them new ‘member-only’ prices on frequently purchased…

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…