B&Q owner reports ‘weak demand’ for big-ticket items Kingfisher, the parent company behind national retailer B&Q, has seen a slight rise in profit despite a drop in sales, saying that demand for big-ticket items, like kitchens and bathrooms, is currently “weak”. Click here to read more 👉 https://lnkd.in/egJChBmM
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🌟 Transform Your Laundry Business Today! 🌟 Exciting developments are on the horizon for the laundry industry, thanks to a groundbreaking partnership set to redefine operational efficiencies. Pasquale and his team at MyWosh have teamed up with MallBox to combine the strengths of cloud-based management and an innovative cash register system. This collaboration promises a remarkable solution for streamlining operations, enhancing customer service, and boosting sales. With MyWosh, managing your laundry business becomes effortless and easy, thanks to an intuitive system designed to simplify your day-to-day. Paired with MallBox's versatile and a sustainable ♻️compliant cash register system, ensuring a smooth customer payment experience is easy. 🚀Benefits for Laundry Businesses: 👉Improved Operational Efficiency: Utilize our cloud-based management software to manage your laundry business with unparalleled ease. 👉Enhanced Customer Service: Provide a smoother customer experience with faster checkout and diverse payment options. 👉Boosted Sales: See how optimized operations and superior customer service can enhance sales and profitability. This partnership represents a revolutionary step forward in laundry management. If you're looking to elevate your laundry business, I highly recommend reaching out to Pasquale Quarta at MyWosh for a free consultation. Discover how this innovative collaboration can bring efficiency and innovation to your operations. Best wishes to Pasquale and the MyWosh team on this venture. Your commitment to innovation is truly inspiring! To be continued..... 👉What are your thoughts? 👍 Like the post 📣 Leave a comment ♻️ Repost to your community 🎟 Connect or Follow for more sustainable living stuff 🔔 Hit the Notifications bell on my profile so you never miss a post #laundrybusiness #laundryservice #mywosh #cloudmanagement #techsolutions #italianbusiness
🌟 Exciting News for Laundry Businesses! 🌟 We're thrilled to announce a groundbreaking partnership between MyWosh and MallBox! 🚀 MyWosh, the new cloud-based management system for laundries, has joined forces with MallBox, the innovative cloud-based cash register system, to offer an integrated solution that will revolutionize laundry management. With MyWosh, streamline your operations, enhance customer service, and boost sales with an intuitive cloud-based management system. MallBox complements this with a comprehensive and versatile cash register system, ensuring compliance with Italian tax regulations and providing a seamless payment experience for your customers. Don't miss out on this opportunity to take your laundry business to the next level! Contact MyWosh today for a free consultation and discover how our partnership can drive efficiency and innovation in your laundry business. #MyWosh #MallBox #LaundryBusiness #Innovation #Efficiency #Partnership
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From pubs serving 400 customers to stadiums serving 4,000…🍻🏟️ Epos Now has built a flexible range of hardware and software designed for businesses in retail and hospitality, no matter where you operate, helping you bring efficiency, consistency, and excellence to every level of your operation - from the ground up! And that’s exactly what our Enterprise businesses have been doing, whether they’re running hotels, stadiums, gift shops, or fast food franchises. So who else is using Epos Now Enterprise? 💈 Barbers 💆 Spas 🚲 Bike Shops 🍞 Bakeries 🍺 Brewers ...and everything in between! We created Epos Now Enterprise because we understand that larger, multi-site businesses need a personal touch. Whether you're mobile (like a fleet of food vans) or need flexibility (like Ballymore Stadium’s Operations Manager Jacob Fullman), we’ve got you covered. "It was really important we got a cloud based POS system that could live anywhere, connect to WiFi or a hotspot, and trade with 1000 to 10,000 people for the day, then bump in or out to do it all again." Says Jacob. Head of Mid-Market Lee H. dives into the Epos Now Enterprise experience - what it is, who's using it, and why our support is second to none. 💪 Check out the full story in our latest blog. Link in the comments! 👇 #BusinessGrowth #CloudPOS #CustomerExperience #HospitalityPOS #RetailPOS
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A great job by Deepinder Goyal to get on the ground and understand the problems faced by the Delivery Agents. Other than the problems mentioned in the article, i would like to add a few more that needs to be looked at wrt Malls as per my experience talking to DEs in the past. 1) Parking: Most of the malls have paid parking and DEs have to either pay for parking for picking the order, or park in No Parking zone near the Mall. and this parking fees is not reimbursed by anyone for the DE. This is one reason DEs avoid taking orders from the restaurants in the Mall. 2) Long walk to pick up the order: In Many malls the DE needs to walk a bit after parking their vehicle. This ends up in wasting time which could be better utilised in delivering orders(and earning more), especially during peak hours. https://lnkd.in/gQ-imQ2Y
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"Managing Director @ Northmarq | CRE Investment & Net Lease Specialist | Certified Co-Active Coach (CPCC) | Market Insights & Strategic Advisory"
🚨 MONDAY MORNING TAKES: QSR Net Lease Segment Wildly Outperforming the Net Lease Market 🚨 We've dug deep into 5 years of Quick Service Restaurant (QSR) comps, and the results are eye-opening. While the broader NNN market has seen a 40%+ drop in transaction volume, the QSR segment has held strong. Cap rates have increased but been resilient with the average currently at 5.89% YTD, and sales volume has remained strong—proof that QSR assets are outperforming their peers. Why is QSR outperforming? 1️⃣ Appealing Price Points: QSR properties are more approachable for private investors in today's high-cost financing environment. Smaller deal sizes make it easier to close without negative leverage. 2️⃣ Resilient to E-Commerce: No one’s ordering a fresh burger or taco from their laptop. QSR thrives on in-person dining and drive-thrus, making them more insulated from the e-commerce disruption. 3️⃣ Prime Real Estate: High-traffic, hard-corner locations keep demand high, and access to unit-level performance data offers more transparency than other NNN assets. Want the full QSR comp report? Comment or DM me—I’ll share the details! 🗂️ As the market continues to face headwinds, the QSR sector proves its resilience and remains a standout opportunity for investors looking for reliable, cash-flowing assets. Big shout out to Tesia Davis for the research genius in compiling our data, and Deena Salim working the graphic magic! Isaiah Harf Christian Tremblay Blaise Bennett Josh Dicker Ian Swindle Haley Sosnoff #QSR #NetLease #NNN #CommercialRealEstate #Investing #CRE #RetailRealEstate #CapRates #PrivateEquity #RealEstateInvesting #InvestorInsights #RetailResilience #DriveThruEconomy #QSRMarket #CREData #RealEstateAnalysis #1031Exchange #InvestmentOpportunities
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Do you need a simple way to manage all your stock across multiple F&B areas of your venue? The Tevalis Stock Management modules makes all inventory and ordering processes easy. This is essential for venues with multiple F&B areas, or multi-site operations: order, manage, and analyse your stock across all areas from one central location. Live updates on deliveries, stock values, purchase approvals, and more, help reduce overstocking and untracked wastage whilst monitoring trends and improving profit margins. Plus, our management tool is cloud-based, meaning you can track your stock on an internet-connected device anywhere you need to. Colchester Zoo is one of our clients who has innovated its stock management with our intuitive technology. They say; “The Tevalis solution enables us to make better business decisions: for example, reviewing and changing menus based on what’s selling well and what isn’t. I look at trends in sales, identifying promotional opportunities to push out, or flash sales. And stock management means we can better manage deliveries and allocate stock to all locations from one central area. We also have fully integrated payment options: all our Barclaycard card machines are fully integrated into our tills, and we can take payments seamlessly for all orders.” Learn more about our Stock Management tool here 👇 https://lnkd.in/ekp66dPa #StockManagement #Inventory #Stock #HospitalityTechnology #ColchesterZoo #Innovation
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Since Covid the shopping habits of UK customers changed as they tend to spend more money online and on services. 9,138 new stores opened last year (the most since 2019) but this number is significantly comprised of new sites for hospitality businesses. New openings for companies like Costa, Aldi, Domino's, Greggs and growing numbers of local retail parks are good sign but also reflects UK customers desire for experiences over 'stuff', as well as for convenience. This interesting trend - needs to be carefully watched, not only in UK but also here in NZ. #ukretail #customerhabits #retailbusiness
Store Openings and Closures 2023
pwc.co.uk
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Despite mixed results, @PwC UK's 2023 store openings and closures results show that hospitality chains are generally performing well. However, it is independents that are feeling the pressure with difficult trading conditions, and rising costs. Find out what this means for the sector in 2024. https://pwc.to/3IYk9ma #IndustryInFocus
Store Openings and Closures 2023
pwc.co.uk
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Wherever I live, I stick to buying items in one to two shops or kiosks. I go for a third one for urgent cases. Few months ago, I happened to like a newly opened shop. It was near where I stayed compared to the two shops I frequent. Now, I no longer go to the new shop. The owner didn't do anything wrong. The problem was inconsistency. They started well for a approximately two months then boom! They started opening two or three times a week. They've been on and off for sometime now. The shop solved urgent shopping cases but the inconsistencies disappointed me. So, I went back to the shops I frequented. The two shops never disappoint. I know the shop owners could be having some other priorities but that is not my focus. When you are consistent with what you are doing, you create a momentum of expectation in the people enjoying your service. People will want what you are offering and will not tell you. They want you to be consistent, especially when you give value for their time and money. 6i We must train ourselves to be consistent. We must learn the art of showing up daily whether we are feeling like it or not. Our showing up is an inspiration to another who feels like giving up. Showing up also gives us an opportunity to grow past our limits. Consistently showing up in business benefits you and your clients. If you business is solving a need showing up is providing solutions daily for your customers. They can leave you for another if your consistency in business is wanting.
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Insightful UK Hospitality & Grocery Data | #1 Provider of Card Spending Insight, Pricing & Review Data | Unique Data & Analytical Capabilities | Driving Smarter Decisions for Operators & Suppliers
Greggs opened a record 220 shops in 2023, taking their overall estate up to 2,473 and they’ve publicly stated their plans for more than 3,000 shops across the country. They’re expecting to open 140-160 net new shops in 2024, so the chances are, there will be a Greggs opening near you very soon! ☕🥪 After reading the story earlier this week of the Greggs Marathon, where someone visited 32 Greggs in Newcastle in a single day, I was intrigued to understand just how much the people of Newcastle love Greggs! Data from Hospitality Data Insights (HDI) enables you to gain rich insights into the performance individual brands and their customers, all the way down to individual site level. I decided to have a look at Greggs 73 Grainger Street in Newcastle City Centre, which is open from 7am to 4am most days. Our data captures the purchasing behaviour of nearly 25k individual customers for this shop alone in the latest year, and over 1.6 million Greggs customers overall! 😯 So how much do the people of Newcastle love Greggs? Share of Wallet data from Site Intel Pro for the 52 weeks ending 13/2/24 shows that Greggs captures an impressive £83.60 out of every £100 of the Coffee & Sandwich spend within a 2-mile radius from its 73 Grainger Street customers. The “Top Competitors” list showing where else its customers spend locally also shows something that I’ve never seen before - every single one of the Top 10 Coffee & Sandwich shops where Greggs 73 Grainger Street customers are also spending is also a Greggs! Costa Coffee & Starbucks only feature when you get down to 11th & 12th on the list respectively. The love of Greggs is very real! ❤️ It's easy to see why Greggs is such a well-loved brand, with its focus on great-tasting food, brilliant value for money and a friendly customer experience. Looking more broadly at its customer loyalty, Share of Wallet data for the 12 weeks ending 13/2/24 shows that they’re now capturing £23.50 out of every £100 spent by their customers within Coffee & Sandwich Shops across the UK. This represents an increase of £2.00 versus 5 years ago, illustrating the impressive growth trajectory that the business is on. They’ve certainly come a long way since John Gregg started out with one goal, to deliver (by pushbike) fresh eggs and yeast to the families of Newcastle! 🚲 Feel free to get in touch if you’d like to understand more about the types of analysis that we can offer looking at individual brands, local markets and/or sites in-detail. 📊🔍 hello@hdinsights.com #HospitalityData #hospitalitysolutions #ukhospitality #Greggs #RetailGrowth
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Multifamily & Commercial Roofing • Protecting Your Investments From the Elements • President, EOM Roofing • Owners On Site At Every Job • Reach Out For A Zero-Cost Inspection!
Mom and Pop shops are disappearing everywhere Taking with them the personal touch that made them special Have you ever walked into a restaurant and the owner knew your name and what you liked? Or into a store where the staff knew your preferences and asked about your family? The superpower of small businesses lies in their relationships As a small business owner, I have the flexibility and ability to personalize service in ways that large companies never could Recently, David* called me about a leaky roof on his multifamily property Upon inspection it was clear he needed a new roof, but he wouldn’t have the capital for a few months Instead of just providing a quote, I worked with him to find a temporary solution that would hold (and keep the tenants inside!) until he was ready to replace the roof. What's your take on Mom and Pop shops? Prefer the personalized touch or the convenience of big-box stores? Is there a difference between groceries and the service industry?
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