Store Excel

Join our community

No-deal Brexit: FDF warns of months-long food supplies disruption

No-deal Brexit: FDF warns of months-long food supplies disruption

Asian Trader is reporting that a disorderly no-deal Brexit would be a disastrous outcome for the food industry that could lead to serious disruption lasting weeks or months according to Tim Rycroft, Chief Operating Officer at the Food & Drinks Federation (FDF). The FDF has urged the government to waive aspects of competition law in the event of a no-deal Brexit to allow suppliers and retailers to co-ordinate the delivery of food across the country.

Food to go in c-sector to grow 31% by 2024

Convenience Store is reporting that food to go in the UK convenience channel is set to grow by 31% over the next five years to according to research by IGD. The IGD forecast reveals that for convenience, forecourts and “other retailers” food to go sales will grow from £2.9bn in 2019 to £3.8bn in 2024 with the channel increasing its market share of food to go as a whole from 15.5% to 16.1% over the five-year period.

New rewards scheme for Best-one retailers

Talking Retail is reporting that the Best-one symbol group has launched a new initiative called Core Rewards it claims will help retailers make more money.  It comprises a core product range and a rebate scheme and encompasses 232 products at launch. If retailers buy 75% of these core products they will qualify for a financial rebate of up to 5%. 

Youth ban for energy drink sales confirmed

Convenience Store is reporting that the government has confirmed plans to prohibit retailers from selling energy drinks to customers under the age of 16, in one of the final policy commitments of former Prime Minister Theresa May. The ban forms part of the government’s plan to reduce childhood obesity by 50% by 2030. 

Number of empty shops hits a four-year high.

Talking Retail is reporting that the national town centre vacancy rate was 10.3% in July – the highest since January 2015. The data from the British Retail Consortium and Springboard also shows that footfall declined by 1.9% in July compared to the same point last year when it declined by 0.9%. This is the worst decline for July since 2012. 

Tesco cuts hours in 134 Express stores

Convenience Store is reporting that Tesco has announced plans to reduce the opening hours in 134 of its 1,750 Express stores in response to a “challenging, evolving retail environment.” 

Co-op Group rolls out pay-in aisle app

Convenience Store is reporting that the Co-op Group is introducing its pay-in-aisle app to more than 30 stores following a successful trial last year.  The extension of the till-less technology trial follows a 10%-plus decline in cash usage in its stores in the past two years with contactless, cards and other payment methods now accounting for more than one in two transactions. 

David Gilroy

Join in the discussion of this article