All articles by Steve Farrell – Page 69
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NewsPoundstretcher executive chairman Nadir Lalani resigns
Lalani, the founder of 99p Stores, resigned on 31 October, three years after his appointment
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NewsOne Below ditches ‘everything £1 or less’ model and adds higher price points
The variety discounter is advertising products costing over £1 on social media, including Naughty Elf and Christmas Gonk dolls at £2 each, and earmuffs for £1.50
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NewsHalf of consumers unwilling to pay more for greener choices
The poll of 3,000 consumers by Asda found price remained the biggest deterrent to sustainable choices
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Comment & OpinionWhether or not Iceland hits its 2023 plastic target, no one can tarnish its achievement
Iceland’s commitment has inspired rivals and put pressure on packaging suppliers
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NewsRichard Walker: ‘Iceland may not hit 2023 plastic target’
Richard Walker made the revelation as he announced a new Iceland initiative to ‘offset its entire remaining plastic footprint’ by recovering waste plastic from the environment
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NewsAldi falls behind on store opening target
The discounter has fallen behind on a target of 1,000 stores by 2022 and will need to open about 80 a year to reach a longer-term goal of 1,200 by 2025
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NewsAldi continues expansion with push for 15 new stores by end of year
The discounter is set to arrive in new locations including Edinburgh, Orpington and Poole
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NewsAsda introduces ‘quieter hour’ for shoppers with hidden disabilities such as autism
The hour will last from 2pm to 3pm on Mondays to Thursdays, with the aim of making stores more accessible to customers with hidden disabilities and additional needs
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NewsOnline sales tax could hit click & collect and scan & go purchases in shops
The Treasury is to look at whether an online sales tax should apply to in-store purchases paid for via an app
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NewsPoundland shifts social media focus away from Twitter to Instagram
A spokesman said the shift was ‘because the mix of product is changing dramatically as Poundland changes its offer, for example a serious clothing and home offer’
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Analysis & FeaturesWhy Asda's loyalty scheme launch will struggle to bridge the gap
‘Asda Rewards’ is being trialled in 16 stores. But how will the new scheme fare for a retailer that has always focused on everyday low pricing?
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NewsAldi looking for community groups and charities to sign up for Christmas food donations
The discounter is asking groups to register with its community redistribution partner Neighbourly to receive donations from their local store
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NewsAsda in new data partnership to ‘better understand customer needs’
It follows the announcement last week of ‘Asda Rewards’, an app-based loyalty scheme available to customers for the first time in 16 trial stores
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NewsIndustry reacts to Sunak’s business rates reform, including one-year 50% cut for retail and hospitality
The 50% cut – capped at £110,000 – will do little to help big businesses, says BRC
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NewsDark store operators driving ‘huge’ rent growth for urban industrial assets
Within London, areas such as Newham, Tower Hamlets and Southwark are forecast to see rent growth in excess of 7% for industrial assets this year
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NewsIceland 100 drivers short as it heads into Christmas
Iceland recently revealed it had ordered 20% more frozen turkeys than usual after a spike in online
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NewsIceland giving away free food on last day of shelf life
The products will be added to customers’ online shopping where a fresher item is not available, and they will not be charged for them
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NewsAsda launches first customer loyalty rewards scheme
The move follows a pilot for 2,000 staff in 16 stores
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NewsThe Original Factory Shop offers Kickstart job placements for young people
The government’s £2bn Kickstart scheme aims to get 250,000 16 to 24-year-olds into work as the country emerges from the pandemic
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NewsOnline forecast to bear more of the business rates burden after next revaluation
Dramatic shifts in rental values on which the tax is based mean the burden will fall for shops and rise for online retailers, a new forecast suggests