United Kingdom news

20 October 2020
Nisa, the wholesale subsidiary of the Co-op Group, is the latest symbol group operator to add a further variant to its portfolio of store packages available to independent retailers.  Launched at the virtual Nisa 2020 Expo, Nisa Express will sit alongside the established Nisa Local fascia to offer a package targeted to smaller stores that have historically been considered below the qualifying siz...
20 October 2020
Asda has today opened a flagship sustainability trial store together with a new plastics reduction strategy that includes a pledge that customers will not pay more for greener options. The store at Middleton, Leeds, was due to open earlier this year but was delayed by the Covid crisis. It will function a Test and learn facility or sustainability, similar to its Stevenage technology store where ...
20 October 2020
We take a look a detailed look at the updated Waitrose and John Lewis strategy plan.  Recover profits and accelerate change JLP is targeting reaching £200m profit by year two and £400m by year five. The plan is split into two time phases; Years 1-2: recover profit and lay foundations for growth Years 3-5: accelerate change, reshape and grow The Partnership is investing £1bn in...
20 October 2020
Ocado announced the acquisition of a minority stake in robotics startup Myrmex, and is due to take a seat on its board. Materials handling robotics Fremont, California-based Myrmex is a materials handling robotics start-up with a unique offering including autonomous mobile robots and intelligent asset handling systems. The startup’s set of solutions notably enables click-and-collect deliver...
19 October 2020
Wholesaler Bestway, the owner of the Bargain Booze and Wine Rack franchise formats, is understood to be trialing two new variant store formats as a means of extending the demographic reach of its off licence offer for independent retailers. The new banners: BB’s and Tippl BB’s is seen as a variant on the established Bargain Booze format, which, while referencing its link to Bargain Booze di...
19 October 2020
As the COVID-19 pandemic continues to severely reduce footfall in city centres, London-centric food-to-go operators announce more store closures and redundancies. Pret closing six more London stores UK food-to-go specialist Pret has announced that it will be making a further 400 staff redundant and closing six more London stores as the impact of the coronavirus continues to take its toll on...
19 October 2020
Walgreens Boots Alliance FY20 results highlighted resilient performance from its USA pharmacy and retail division while its International division’s performance impacted by weak store sales at Boots UK.   Performance on the divisions Walgreens Boots Alliance reported revenue growth of 2% to US$139.5bn (2019: US$136.87bn) and a decrease in operating profit by 73.7% to US$1.3bn (2019: US$5bn)...
16 October 2020
The hypermarket channel is perceived to be struggling to grow, whether it is in store terms or sales. However, this is far from reality on a global basis. Retailers are finding ways to achieve incremental increases in basket size and are developing their proposition to attract shoppers back to store. We have selected three retailers investing in their largest stores and implementing new strategie...
15 October 2020
Tesco has launched a trial partnership with online electricals specialist AO to open its first physical stores at Tesco stores. Five stores to open The first AO concession, will open at Tesco Extra Middleton, later this month and four others will follow. Shoppers will be able to browse and purchase from all AO's product range, excluding mobile phones.  This includes larger electricals such ...
14 October 2020
Asda has expanded its ‘test and learn’ partnerships strategy by joining forces with leading toy retailer, The Entertainer. It has also announced further initiatives to accelerate its in-store partnerships strategy. Five concessions to open The exclusive partnership will see The Entertainer turn the toy categories in five Asda stores into branded concessions offering customers a much larger ...