City of Seguin’s Post

Sunny outlook for WHSmith ☀️👀 High street and airport bookseller and stationer WH Smith, which has its headquarters in Swindon, says it is on track to deliver full year trading in line with expectations. In a statement today it said it is well positioned for the peak summer trading period. Its UK travel division saw total revenues up nine per cent in the 13 weeks to June 1 this year. The transformation of the business to a one-stop-shop for travel essentials is delivering strong results, increasing average transaction values and returns. As part of its category development initiatives to expand the breadth and quality of its food-to-go ranges, the retailer recently launched a new food-to-go brand, Smiths Family Kitchen, in more than 300 Travel stores. Revenues are also up in its North American division, up five per cent – on a constant currency basis. Like for Like sales were flat, so the retailer is introducing a range of initiatives including focussing on higher performing categories, increasing snacking and confectionery and the number of chillers in store. Continue reading... https://lnkd.in/eHd-bKvM #finance #investment #outlook #report #retail #sales #businessnews #businessintelligence

Direct message me today to start the conversation and see how much you could save your business.

The recent case of Lidl Great Britain Ltd -v- Closed Circuit Cooling Ltd is an intriguing read. The three takeaways are: (1) a hybrid payment and payment notice is likely to be invalid (2) an adjudicator is entitled to consider certain matters even though they might not have been articulated in submissions, and even though the parties have not been asked to comment on the matter, and (3) the principle of estoppel by convention means that a payer cannot argue that a payment application fails to meet the precise terms of the contract if applications in similar terms have been treated as valid throughout the contract.

GSA (MAS) Contract Acquisition | Food Service Equipment Did you know that the GSA (MAS) Facilities Category reached $1,272,079,347 in sales during the fiscal year of 2022?  The GSA (MAS) Multiple Award Schedule Contract is a long-term (5 years with the potential of 3 additional 5-year renewals totaling 20 years), governmentwide contract, with commercial firms providing federal, state, and local government buyers access to more than 11 million commercial supplies (products) and services at volume discount pricing. By booking a free consultation with our GSA experts, you will learn if your company meets the GSA contractor requirements. In order to qualify for a GSA Contract,(1) businesses must be in operation for at least two years,(2) have a strong track record, (3) meet specific financial criteria, and (4) other qualifications. OUR SERVICES INCLUDE: (1) Checking if your company, products and services are GSA eligible and TAA compliant. (2) Preparing your proposal, product catalog, company financials, marketing materials, and submitting the completed package for government review. (3) Negotiating your proposal with the GSA, which includes clarifications, resubmissions, price agreements, and final revisions. (4) The average timeframe for obtaining your company's GSA (MAS) Multiple Award Schedule Contract is 6-12 months. In extreme cases, it may take longer, per GSA. Now is the time to take action and recession-proof your business. Don't delay. Get your company's GSA (MAS) Multiple Award Schedule Contract process started today! BOOK YOUR FREE CONSULTATION NOW: https://lnkd.in/gmXCcmHN SHOP NOW: https://lnkd.in/g9c3RigP NEED ADDITIONAL GSA-RELATED SERVICES? We've Got You Covered! SHOP NOW: GSA (MAS) Contract Renewal https://lnkd.in/g7ZiFb5c GSA (MAS) Contract Pricing Optimization https://lnkd.in/g9Jj_xKm TAA Compliance https://lnkd.in/gqevE4VC GSA OIG Audit Support https://lnkd.in/gvtmaFxH GSA Order Management System https://lnkd.in/gjEx2kux #foodserviceequipment #restaurantsupplynearme #restaurantsupplystorenearme #wholesalerestaurantsupply #restaurantfoodsupply #foodsupplystore #discountrestaurantsupply #foodequipmentservice #onlinerestaurantsupply #wholesalerestaurantsupplynearme #restaurantfoodsupplynearme Diverse Government Contracts, Inc. | The Possibilities Are Endless!

ROOKIE REMINDER: Get your CPT sorted One of our most popular Retail Rookie sessions last year was around the upcoming changes across the grocery industry. A big part of this is the new Grocery Code, and the requirement to have formal written contracts between all suppliers and retailers. Regardless of size, if you're trading with any of the major retailers you should have received a copy of the proposed agreement and ideally taken the time to really dig in and understand the commercial implications for your business. A snip from the ComCom as reminder of upcoming deadlines this quarter: "RGRs (Regulated Grocery Retailers) have until 28 March 2024 to offer their suppliers any necessary variations to ensure existing agreements are consistent with the Code. After this date the provisions of the Code apply irrespective of what is in the agreement" If you're feeling stuck, then make sure you do the following: 📑 Read the guidelines from the ComCom here >> https://lnkd.in/gNSxdwKD 📣 Get in the experts if you're feeling stuck. Sherrelle Smith Consulting - Contracting - Project Manager and Neill Arnold are two pro's that I'd highly recommend having a chat with. Sherrelle Smith Consulting - Contracting - Project Manager is an expert in all things CPT as she's just left Foodies after nearly a decade as Category Manager. She's got the expertise so many business will need to make sure they nail their CPT and don't get stuck signing off something that could bite back later... Don't find yourself stuck. Get informed. Get ready. Get going!!

SAVVY INSIGHTS: Congratulations to JD Wetherspoon! JD Wetherspoon has delivered impressive results with a profit before tax of £42.6 million, fueled by a remarkable 12.7% rise in like-for-like sales for the 12 months ending July 2023. During this period, the company expanded with the opening of three new pubs while strategically managing its estate. Total sales for the year reached £1.9 billion, marking an 11% increase, with standout growth in food sales at 17.7% and hotel rooms at 11.8%. Underlying profit soared from £25.7 million to an impressive £107.1 million, while profit before tax rebounded to £42 million from a loss of £30 million in 2022. Wetherspoon chairman Tim Martin expressed pride in the company's ongoing success, with like-for-like sales continuing to surge in the current financial year. #Wetherspoon #BusinessSuccess #Hospitality #RetailSavvy #SavvyInsights

Last Salinas season we were introduced to a new shipper through one of our larger shipper customers. This new customer was having issues with their produce loads going from CA to NJ. Their pricing and service level were not up to par with what we were providing our customers, and we knew we could help them see immediate improvements. They had been working with their incumbent for the past ten years. But after an honest analysis, we were able to save them money and improve their service levels on both LTL and TL shipments. We also worked collaboratively with their buying teams to avoid any outs at the warehouse level. Through strong communication we eliminated issues they had been facing. Within six months we were covering all of their inbound freight (not just produce) and this January we started moving a portion of their outbound freight as well. I am a huge advocate for respecting your incumbents and relationships, but a partnership needs to be serving you each year. That renewal of business should be earned not given. If you feel like your Salinas season could use a boost this year, or you are not sure if you are in line with the market, please message me and I’d be happy to do an honest analysis of your network with you to advise what we have seen after 24 years of moving produce during this important season. #produce #foodandbeverage #logistics #trucking #freight #supplychain 

Did I ever think I'd be in the industrial real estate industry? No, but I wouldn't have it any other way right now! E-commerce grew 8 percent year-over-year through October 2023, and we’re estimating that it’s going to accelerate 10 percent or more in 2024. We anticipate that will continue to drive industrial demand in addition to the already organic demand coming off the other business sectors. Learn more about the industrial market’s near- and long-term from one of the best Megan Creecy-Herman, Prologis' President of West Region Operations.

With cost reduction and budgets being a top priority right now, don't miss the chance to learn why contingent labor strategies are more cost effective than most realize and an effective hiring strategy for your organization. #vayaworkforce #contingentworkers #contingentlabor #budget2024 #costeffective #strategyplanning

You want a good price, but you don’t want lousy workmanship. What’s a buyer to do? New research from Kellogg's Nicola Persico, Pino Lopomo of Duke University, and Alessandro Villa of the Federal Reserve Bank of Chicago demonstrates that the optimal way to find a supplier when you have quality concerns is to set a floor price under which bids will not be considered. That prevents higher-quality suppliers from being outbid in the bidding process and in turn decreases the likelihood that the contract will go to a supplier that’s shady or underqualified. Read more about the trio's research in "How to Award Contracts When You’re Concerned about Quality," available at Kellogg Insight. https://lnkd.in/gkgAPf7M