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Morrisons CEO David Potts stepping down
It appears that Morrisons, the UK supermarket chain, is undergoing a leadership transition with CEO David Potts stepping down in November after nine years in the role. His successor will be Rami Baitiéh, the...
TESCO Interim Results Trading Statement 2023/24
WINNING WITH CUSTOMERS BY INVESTING IN VALUE AND QUALITY. Performance highlights2,3:H1 23/24H1 22/231Change atactual ratesChange atconstant ratesGroup sales (exc. VAT, exc. fuel)4£30,749m£28,241m8.9%8.4%Adjusted operating profit5£1,482m£1,300m14.0%13.9% – Retail£1,417m£1,248m13.5%13.5% – Tesco Bank£65m£52m25.0%25.0%Retail free cash flow6£1,368m£1,283m6.6% Net debt3,6£(9,888)m£(10,044)m1.6% Adjusted diluted...
On a roll! Sainsbury’s introduces paper packaging to its toilet and kitchen rolls in UK retailer first
Sainsbury’s has moved from plastic to paper on all of its own-brand toilet and kitchen roll packaging, saving over 55 million pieces of plastic annually It is the biggest single plastics reduction across Sainsbury’s...
Combining quality and sustainability: how Seara’s frozen chicken is diversifying food choices for businesses and households
The current economic volatility is having a crucial impact on the purchasing habits of consumers, who are increasingly adopting frozen chicken as a viable alternative for their shopping basket. Supplying first rate poultry that...
How Supermarket Chains are Improving Energy Efficiency
Supermarket chains in the UK are leading the way in terms of energy efficiency. As the climate crisis worsens and increasing energy prices loom, there’s never been a more important time to improve how...
Akeneo Acquires AI Platform Unifai, Creating World’s First Intelligent Product Cloud
The Product Experience Company is also launching the first ever AI Centre of Excellence to guide organisations in optimising AI for enhanced PX strategy LONDON, September 20, 2023 – Akeneo, the Product Experience (PX) Company and...
The Golden Quarter: Perfect promotions through intelligent merchandising
The Golden Quarter: Perfect promotions through intelligent merchandising Retail Express’ Ed Betts explains why this year’s Golden Quarter will be even tougher than the last and how AI-driven merchandising can help retailers thrive as...
The rise of resourceful consumption: 82% of shoppers are trying to reduce food bills to cope with cost-of-living pressures, up +16% in a year
—————- 79% have tried to be more sustainable in their buying habits in the last 12 months 49% now only buy what they need to keep grocery bills and food waste down 83% felt...
The Top 10 Retail Technology Innovations of 2023
The retail landscape is continually evolving, driven by advances in technology and changing consumer preferences. In 2023, we are witnessing a host of innovations that are reshaping the way people shop and businesses operate....
Nick Grimshaw & Angela Hartnett launch the fourth season of hugely popular podcast Dish
Nick Grimshaw & Angela Hartnett launch the fourth season of hugely popular podcast Dish Rated 4.9/5 on Spotify and consistently number 1 on the Apple Food Charts Over 65 million views across social media...