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Morrisons launches campaign to recruit 200 new UK food suppliers

Friday 17 February 2017 - Posted by Elias Jahshan

Morrisons has started an initiative to recruit more than 200 new UK food suppliers within the next years to cut the reliance on foreign products. The news comes after a report commissioned by the Big 4 grocer found that only 52 per cent of what the UK eats comes from the count...

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Booker bosses attempt to douse fears of Tesco merger monopoly

Monday 06 February 2017 - Posted by Ben Stevens

Booker’s bosses will embark on a tour of the UK this week, with plans to address the concerns of thousands of convenience store owners fearful of the implications of the shock Tesco merger. As part of a UK-wide tour, chief executive Charles Wilson and managing director Steve F...

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Tesco to buy Booker in landmark £3.7 billion merger

Friday 27 January 2017 - Posted by Ben Stevens

The UK’s biggest supermarket has announced a landmark £3.7 billion deal to acquire the Booker group. Booker is the UK’s largest food wholesaler and owns convenience chains Londis and Budgens among other brands, and the milestone deal valued Booker at 205.3p a share - 12 per ce...

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Next boss demands more transparency over Brexit

Thursday 05 January 2017 - Posted by Ben Stevens

Next’s chief executive Lord Wolfson has called on the government to disclose some of its core Brexit plans in order to aid British business. Wolfson, who campaigned to leave the EU but has stated that an isolationist approach to leaving would be disastrous for the economy, has...

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Underage Syrian refugees exploited in British retailers' Turkish factories

Monday 24 October 2016 - Posted by Elias Jahshan

Teenagers who have fled the civil war in Syria have been found making clothes for various British fashion retailers in Turkey, a BBC investigation is set to reveal. According to a BBC Panorama episode that will broadcast tonight, refugees as young as 15 were reportedly found w...

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Are biometric payments the future of retail?

Thursday 14 July 2016 - Posted by Elias Jahshan

More than two thirds of Europeans want to be able to use biometrics when making payments at retail outlets, according to a new study. In Visa's Biometric Payments study released today, whereby more than 14,200 people from across seven European countries were surveyed, 68 per c...

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Study finds retailers are paying far too much to IT suppliers

Thursday 30 June 2016 - Posted by Elias Jahshan

A lack of transparency in the IT market is enabling supplies to inflate product prices, according to the latest KnowledgeBus IT Margins Benchmarking Study. The annual study provides data on suppliers who often exploit the difficulty in identifying the best price for IT product...

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Warehouse employees strike to remain at Argos

Thursday 02 June 2016 - Posted by Talya Misiri

Union members from Unite - Britain's biggest union have voted to strike over plans to transfer 96 drivers from Argos to supply chain company Eddie Stobart. The workers union balloted 420 warehouse employees in Magna Park over the proposals that would transfer the last of Argos...

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Ocado to announce tie-up with Cambridge Consultants for technology first

Tuesday 09 February 2016 - Posted by Veebs Sabharwal

Ocado is to announce that it has come together with global product development and technology consultancy Cambridge Consultants, to transform warehouse automation and ultimately make Ocado's system more efficient. For the online grocer, this will be a story of business transfo...

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Shoppers “holding out” for Black Friday

Tuesday 10 November 2015 - Posted by Talya Misiri

October’s retail sales were largely flat which could be due to shoppers waiting to see if the goods they want are included in Black Friday’s promotions. A survey by the BRC found that UK retail sales fell by 0.2% on a like-for-like basis from October 2014, while it had previou...