citybiz Atlanta’s Post

CANADA'S BELOVED PEAVEY MART IS CLOSING Peavey Industries LP, Canada’s largest #farm and #ranchretailer, has announced the shuttering of all its locations across the country. The #closures will impact 90 Peavey Mart stores and six MainStreet Hardware locations, with #liquidation sales starting immediately, marking the end of nearly six decades of operations for the Alberta-based company. https://lnkd.in/gAEPVaB9 #retailclosures #farmsupply #retailnews #retailtrends #canadianretail #RetailVoices #TRE

New National Distribution Centre for Greggs Plans for a new National Distribution Centre for Greggs plc at Symmetry Park, Kettering have been announced by Greggs and Tritax Symmetry. The planning application details proposals for 311,551 sq. ft. of logistics space on a 25.1-acre plot. The unit will be designed to a BREEAM ‘Very Good’ standard, achieving an EPC A rating and meeting Net Zero Carbon in Construction requirements. The initiative is part of Greggs’ strategic growth plan, announced in 2021, which set out ambitious expansion targets requiring investment in significant supply chain capacity. Greggs currently has 2,500 shops and its longer-term growth plans target an estate of significantly more than 3,000 shops in the UK. This investment will bolster its capacity to directly supply ambient and chilled products to a growing portfolio of shops. #Ambient #chilled #distribution #supplycahins

Lessons from the car wash When we at theGrogroup talk pricing on our commercial / leadership programmes and more importantly, pricing conversations to help firms achieve a fair commercial return (win / win) for the knowledge, expertise, skills, collaboration and commitment that goes into the client service 'mix'.... ... we often hear 'It is so difficult. You don't know my clients. It is all about price' Of course this is so important. But in our experience (and from talking to many clients of clients) what really is important is clarity of just what we provide to clients for the fee. When we ask 'Do clients really know exactly what they GET for the money they pay to you?' there can be confusion. It is easy to think about the tangible output. The computation. The report. But there is more than that What about the 4 meetings (with the partner) that the client gets as a matter of course The natural benchmarking that the professional may do (from their deep sector expertise) The regular email / phone check-ins that happen as a matter of course The informal advice/ opinion that is often given without a second thought The seminars / updates that the client is invited to The introductions to other professionals / other clients The feelings of safety and protection the client gets from the 80 years combined experience of the delivery team Being clear on this is so important If a client comes to you with the 'we have had another quote which is X% cheaper than you' then it is always interesting to respond with 'fantastic - this is what you get for our fee, do you know what the other firm is giving you for that?' If the client is looking to reduce the fee then we can go through the list and 'trade away' what isn't so important to them ensuring that we maintain 'commercial balance'. 'Ok so you don't need 4 meetings with a partner, you are happy with just the one partner meeting and the planning meeting with a manager" "You don't need the benchmarking report we send you. Ok we can take that out" Clarity is so important Car washes have sorted it haven't they? Clear pricing options and absolute clarity of scope of engagement. We know exactly what we get and what we don't get for the fee. They wouldn't provide the full Valet for the outside wash fee. But do you ever? #commerciality #pricing

Today we announce a substantial five-year contract extension with Cormar Carpet Company owner, Greenwood and Coope Limited. Extending an 18-year partnership, Wincanton will continue to manage Cormar’s distribution centre in Hemel Hempstead, delivering to over 3,000 retailers throughout the UK. We’re looking forward to an exciting period of growth, working in partnership to drive success for both organisations. Discover more: https://ow.ly/4uxs50UfOnX #logistics | #supplychain | #collaboration | #ecommerce | #retail

Durham water retailer Wave sees profits and sales jump on back of contract wins Durham-based water retailer Wave has chalked up a boost in sales and profits on the back of significant contract wins. Read more > https://lnkd.in/epxXvd_Q #CountyDurham #NorthEast

Reed Boardall’s cold store expansion proves successful “Having served the country’s leading food retailers and manufacturers for over 30 years, it’s reassuring to see that customers are continuing to prioritise quality of service and seeking a reputable long-term cold storage and transport partner.” North Yorkshire-based The Reed Boardall Group has reported a rise in pre-tax profits to £2.51 million for the year ending March 2024, marking a net profit increase to 1.9 per cent of revenue from 1.1 per cent the previous year. Bosses say the growth is partly down to the nearly “full utilisation” of its state-of-the-art cold storage facility in Boroughbridge, which was expanded in 2021 to accommodate 168,000 pallets. Find out more here: https://lnkd.in/efCyfbfB Marcus Boardall Sarah Roberts

Rising costs continue to squeeze grocers’ notoriously thin profit margins, but today’s economics can make things even more challenging for independents. To check in on how these tenants are faring, C+CT spoke with the National Grocers Association's Christopher Jones. https://bit.ly/4fKohED #ICSC #Marketplaces #Retail #RealEstate

Roberts & Ryan Corporate Access Series: BJ's Wholesale Club (NYSE: BJ) We had the pleasure of hosting an investor call with Laura Felice and Catherine Park, BJ’s CFO and Head of Investor Relations respectively. One of the things I enjoy most about hosting these calls is that I learn a lot about the companies – both during the call and in my research prior to the call. BJ’s has a good story. I encourage you to take a look at them here: https://lnkd.in/e2mKKAW5 This was an easy and informative conversation, and there’s no doubt they’re paying attention to what customers want. I asked Laura for 3 key takeaways: 1️⃣ Tremendous Progress (Membership ⬆️ , Locations ⬆️ , Higher Tier Memberships ⬆️ ) 2️⃣ Assortment & Value 3️⃣ Convenience (How About Curbside Pickup and Same Day Delivery?) THANK YOU to Laura and Cathie, and to the entire BJ’s Wholesale team for your support! I also want to thank the investors that joined us, and our friends at Seaport Research Partners for extending the invitation to their tremendous client base. Give us a "follow" here to keep tabs on some of the great things we're doing socially through the success of our business: Roberts & Ryan *Future events listed on Corpaxe #corporateaccess #investormeetings #investorcalls #warehouseclub #consumerdefensive #discountstores #veteransupport #veteranowned

Rising costs continue to squeeze grocers’ notoriously thin profit margins, but today’s economics can make things even more challenging for independents. To check in on how these tenants are faring, C+CT spoke with the National Grocers Association's Christopher Jones. https://bit.ly/4fKohED #ICSC #Marketplaces #Retail #RealEstate

Rising costs continue to squeeze grocers’ notoriously thin profit margins, but today’s economics can make things even more challenging for independents. To check in on how these tenants are faring, C+CT spoke with the National Grocers Association's Christopher Jones. https://bit.ly/4fKohED #ICSC #Marketplaces #Retail #RealEstate