Welcome to the July-August issue of Grocery Trader. In the wake of the recent cyber-attack it experienced, Co-op has announced a new strategic partnership with The Hacking Games, a UK-based social impact business, to help prevent cybercrime by identifying young cyber talent and channelling their skills into positive, ethical careers. With 69% of European teenagers having committed some form of cybercrime or online offence, the initiative is part of Co-op’s long-term response to its own cyber-attack where the growing threat of cybercrime became a reality.
READ THE JULY / AUGUST ISSUE HERE
Aldi expects to donate more than one million meals to those in need during the summer holidays. All the supermarket’s UK stores will support local charities and foodbanks by redistributing surplus food every day via community giving platform Neighbourly. The UK’s fourth largest supermarket has already donated more than 8.8 million meals this year to those in need.
Hundreds of thousands of pieces of soft plastics, such as bread bags and crisp packets, dropped off by customers at Tesco stores are helping green fingered kids learn about fruit and veg. As part of the supermarket’s Stronger Starts programme, around 400 schools across the country, that already receive support from Tesco’s Fruit & Veg for Schools initiative, are receiving fruit & veg planters made from recycled plastic, that pupils can use to try out growing their own produce.
In today’s challenging retail environment, where consumer needs are rapidly evolving and promotional activity is intensifying, both established leaders and challenger brands are under pressure to find sustainable paths to growth. But while the market may be competitive, it isn’t binary. Brands, big or small, stand to gain more by learning from each other than by going it alone, writes Rachel White, MD UK&I at NielsenIQ.
As food and drink businesses strive to protect margins at a time when cost volatility is affecting everything from ingredients to energy and transportation, intelligent pricing strategies are essential to remain competitive.
Rules that may have been used to inform pricing decisions in the past, may no longer be enough to cut through the complexity of today’s fast-moving trading environments, and a more sophisticated, data-driven approach is needed, writes Ebru Yildirimli-Kafkas, Associate Vice President specialising in AI and new technologies at Siemens Advanta.
With consumer confidence wavering, discretionary spending falling, and expectations rising, UK retailers are facing some of the most testing trading conditions in recent history. The industry has come to recognise that digital loyalty isn’t just a ‘nice-to-have’, it’s an essential. Increasingly, mobile-first loyalty (when done right) is emerging as the frontline defence in protecting and growing market share for retailers looking to remain competitive in difficult times, writes Sarah Toms, Retail Growth Director, Apadmi.
Enjoy reading the issue.
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