Author: Scott Dylan

Tesco introduces innovative location-based advertising within its supermarkets, enhancing its retail media strategy.Customers will encounter brand advertisements tailored to their shopping location, offering a more personalised experience.This initiative is powered by Tesco’s ‘Scan as you Shop’ technology, integrating ads seamlessly during the shopping journey.New advertising options include video content on digital platforms, expanding Tesco’s media footprint.These developments were announced at a recent supplier event, highlighting Tesco’s commitment to modern retail solutions.Tesco is implementing a novel approach to in-store advertising by integrating location-based adverts into its supermarkets’ operations. The newly introduced system leverages the ‘Scan as you Shop’ technology, allowing Tesco…

The UK economy experienced a slight recovery in August, with a 0.2% growth rate. This growth marks a shift after two months of economic stagnation, signalling cautious optimism among analysts and stakeholders.Driven by manufacturing and construction, this growth highlights the resilience of key sectors. The Office for National Statistics’ figures suggest a gradual return to stability, though challenges remain.The manufacturing sector saw a 0.5% increase in production, a significant driver behind August’s economic growth. Construction followed closely with a 0.4% rise, reversing the declines both sectors faced in July.These sectors’ resilience suggests a stabilising effect on the broader economy, although…

A new padel club has opened in Gloucester Quays Retail Park, occupying the former Toys R Us building.The £1m facility boasts nine courts, a restaurant, and a bar, and has created 15 jobs.Padel, a mix of tennis, squash, and badminton, is rapidly gaining popularity in the UK.General Manager Hannah Thomas highlighted the sport’s accessibility and community appeal.Peel Retail & Leisure’s Mark Whittaker remarked on padel’s rising popularity in Gloucester.The recently launched padel club at Gloucester Quays Retail Park occupies the premises which formerly housed Toys R Us, marking a significant investment of £1 million. This facility includes nine state-of-the-art courts…

Arla Foods introduces the UK’s first free milk ATM in collaboration with Fareshare, aiming to combat dairy poverty.The innovative installation is located in North London and offers free fresh milk at the push of a button.Arla’s initiative supports a broader campaign to provide refrigerated ‘Milk Banks’ to charities nationwide.Key figures from Arla and Fareshare underscore the importance of increasing access to nutritious dairy products.A recent partnership with Aldi highlights Arla’s ongoing commitment to support UK dairy farmers.In an ambitious move to address the pressing issue of dairy poverty, Arla Foods has unveiled the United Kingdom’s inaugural free milk ATM as…

Zalando reports a significant upgrade to its annual financial forecast, driven by strong consumer demand.The company’s adjusted EBIT increased significantly from £19 to £78 million (€93 million) due to heightened demand.Sales experienced a 5% increase, reaching £2.01 billion (€2.4 billion).Active customer numbers exceeded 50 million, bolstering the company’s market presence.Zalando’s strategic focus on B2B capabilities and lifestyle expansion contributed to this growth.Zalando, an e-commerce leader in the fashion industry, has reported a substantial improvement in its financial outlook for the year. The company’s adjusted EBIT saw an impressive rise from £19 million to £78 million (€93 million), signalling robust profitability…

Zara has collaborated with iconic supermodel Kate Moss to design an exclusive ‘perfect party’ capsule collection, set to launch in late November.This new collection will offer a range of ready-to-wear clothing and accessories, tailored for memorable nights out.Kate Moss emphasised her vision of blending classic cuts with a touch of glamour to create sophisticated yet edgy pieces.The collaboration continues Zara’s trend of high-profile partnerships, having recently worked with notable designers.The new partnership with Moss aims to enhance Zara’s position in the luxury fashion segment with a focus on effortless chic.A notable development in the fashion industry is the collaboration between…

The Fortescue Arms in Woolacombe is set for a transformation after its sale to a new owner.Local hotel operator Richard Wheeler has acquired the pub, known for its picturesque setting.The venue will feature a revamped dining experience, including a Sunday Carvery.The transaction was managed by Christie and Co, specialists in property advisory.Market interest was high, with multiple offers and viewings secured prior to the sale.The Fortescue Arms, a beloved North Devon pub located in the idyllic setting of Woolacombe, has been acquired by Richard Wheeler, a seasoned local hotel operator. Known for its charming appeal and setting in an area…

THG, the Manchester-based ecommerce company, saw its shares decline by 6% following a successful £95m fundraise.The company’s fundraising initiative was oversubscribed, with shares sold at a 5.2% discount to the previous day’s closing price.CEO Matthew Moulding contributed significantly, investing £10m, while a retail investor offer added £5m.The funds will facilitate the demerger of THG’s Ingenuity division to focus on Beauty and Nutrition.This strategic realignment aims to reduce debt by transferring lease liabilities to Ingenuity.In a recent financial manoeuvre, THG, the Manchester-based ecommerce firm, witnessed a 6% decline in its share value post a significant £95m fundraiser. The fundraising drive saw…

Poppy Gustafsson, co-founder and ex-CEO of Darktrace, has been appointed as the UK’s new investment minister, indicating the government’s intention to strengthen business relations.Gustafsson’s role will involve leading the revamped Office for Investment, aiming to enhance the UK’s appeal to global investors.Her experience in scaling Darktrace will be crucial in promoting the UK’s business-friendly environment internationally.The government is expanding the Office for Investment to streamline collaboration across departments, providing robust support to investors.The recent acquisition of Darktrace by Thoma Bravo for £4.2bn marks a significant change in Gustafsson’s professional journey.Poppy Gustafsson, known for her pivotal role in establishing and leading…

Premier Inn is set to expand its Yeadon Way property by converting a former restaurant into new hotel rooms. This change is part of a broader strategy following the closure of numerous Brewers Fayre locations across the UK. The approved plans include significant structural changes, enhancing guest convenience. Stakeholders have been actively involved, ensuring standards are maintained. The redevelopment aims for improved service without compromising existing amenities.The Yeadon Way Premier Inn in Blackpool will undergo a transformation with the conversion of the former Brewers Fayre restaurant into 15 new hotel rooms. This initiative comes in the wake of a nationwide…