Popular retailer Dee Sedani has been chosen as the Responsible Retailer of the Year 2022 at the 34th Asian Trader Awards, held at the Park Plaza Westminster Hotel in London on Wednesday.
Kevin Hollinrake, minister in the Department for Business, Energy and Industrial Strategy, was the chief guest at the event, which celebrated the most innovative and successful retailers from the UK’s independent grocery sector.
Dee, who runs the One Stop, Stoke on Trent store, operates at the highest level and one who takes his responsibility to the community very seriously. He ensures that all staff are not only regularly trained and aware of all government regulations but also trained to deal with difficult situations when presented with fake IDs.
Using facial recognition software, Dee is also able to identify customers who have previously used fake IDs, warning staff as they walk into the store.
An accomplished and widely respected retailer, Dee took over this store in May, and has transformed it from a cold, uninviting shell, almost doubling turnover. With a complete refit the store is now a hub for the local community and he nsures his staff are well looked after with pleasant, temperature-controlled working environments and continuous online staff training make him a shining example of a truly responsible retailer, going above and beyond.
Winners of the Asian Trader Awards 2022
In all, 13 retailers were honoured in different categories at the event, with the top award going to Glasgow retailer Shamly Sud, who was crowned the Asian Trader of the Year 2022.
Four new product launches from the last year, voted for by the retailers, were also feted, and Parfetts Cash & Carry at Shepcote, Sheffield won the Wholesale Depot of the Year award, recognising wholesalers and suppliers who play an incredible role in the supply chain.
Ram Solanki Lifetime Achievement Award, instituted in the memory of Ramniklal Solanki CBE, founder of Asian Media Group, went to Steve Keil, Director of Tactical Trading at Booker Wholesale.
Hollinrake, who was appointed minister last month, said he looks forward to developing a closer association with the sector.
“Small businesses are the very foundation of a dynamic, productive economy that creates employment, and brings huge benefits for the consumer. I'm determined to make it easier to start and grow business in this country by improving access to business finance, providing better advice and support and offering incentives to invest and grow.
“I am relishing working with independent retailers, promoting your needs across the government. I promise you, now we are on your side.”
Asian Trader Awards 2022 held at the Park Plaza Westminster Hotel in London
Winners List:
Asian Trader Ram Solanki Lifetime Achievement Award: Steve Keil, Director of Tactical Trading at Booker Wholesale
Asian Trader Awards
Asian Trader of the Year: Shamly Sud, Racetrack Pitstop Premier, Strathclyde
Responsible Retailer of the Year Award supported by JTI: Mayaur (Dee) Sedani, One Stop, Stoke on Trent
Wholesale depot of the Year Award supported by JTI: Parfetts Cash & Carry, Stockport
Convenience Chain of the Year Award supported by Dr Beckmann: Jayaseelan Thambirajah, MSP Noble Group, Cambridgeshire
Vape Convenience Retailer of the Year supported by BAT: Girish Jeeva Premier Barmulloch Glasgow
Bakery Retailer of the Year Award supported by Warburtons: Michael Atherden & Paula Lafferty, Nisa, Bury
Next Gen Award: Rushi Patel, Londis Rushi Stores, Berkshire
Independent Retailer of the Year supported by Booker: Kris Naveretam, Londis Burbage, Wiltshire
Food to Go Retailer of the Year Award: Faz Latif One Stop Premier, Methil Fife
Spirit of the Community Award supported by Mondelez: Amrit Singh, Nisa Local, Walsall
Symbol Convenience Retailer of the Year Award supported by Bestway: Nithy & Sue Nityanandan, Costcutter, Epsom, Surrey
Off Licence of the Year Awards supported by Molson Coors (Cobra): Neha Phoughat, Shera’s Premier, Birmingham
Impulse Retailer of the Year Award: Peter Juty, Costcutter Culverstone, Kent
Local Hero Award supported by Kurkure: Jenny Donaghy, Spar, Llandrinio, Powys
Product and Manufacturer Awards
Convenience Snacks Brand of the Year supported by Sunmark Ltd: Kurkure, PepsiCo
Convenience Soft Drinks Bottled Water and Juices Brand of the Year supported by Sunmark Ltd: Relentless Zero Sugar, CCEP
Convenience Confectionery Brand of the Year supported by Sunmark Ltd: Cadbury Caramilk Buttons, Mondelez
Convenience Vape and Next Generation Product Brand of the Year: Nordic Spirit Spearmint, JTI
As millions of Londoners and visitors head to the capital’s stores, shopping centres and local businesses for Black Friday sales and their Christmas shopping, the mayor and Met police said they are working together to increase partnerships, patrols and operations to catch criminals and make London safer.
Mayor Sadiq Khan on Tuesday visited a new mobile police station in Queen Elizabeth Olympic Park and joined officers on patrol to learn more about how they are working to make the park and busy surrounding area even safer day and night.
With more people out and about as London heads into the festive season, the new mobile police station is one of four across the capital being staffed by police officers and PSCOs – to respond to local queries, act as a deterrent to criminals and carry out targeted local patrols on foot and on bikes.
Within weeks of the mobile Stratford police station being set up in October, officers staffing the station identified and detained three suspects for robbery. The mobile station has also received positive feedback from local residents, businesses and commuters in an area which is exceptionally busy during the pre-Christmas period.
Since October, North East London, North West London, South West London, South East London have been deploying their own mobile police stations - which can move around different areas to work proactively with local communities and also respond to where there is greatest demand, based on intelligence and local community needs.
This enhanced approach to local neighbourhood policing is part of the New Met for London Plan which is being supported with record investment from City Hall.
The Met are spearheading targeted work in busy hotspots this Christmas season, such as Westminster, Westfield, Oxford Street, Battersea and major transport hubs, to tackle mobile phone crime.
Officers working out of the mobile police station in Stratford have built working relationships with business owners in shopping areas across Stratford town centre and are running regular Op Sting policing operations to target repeat shoplifting offenders.
Officers are working effectively with local businesses and organisations to prosecute offenders and obtain Criminal Behaviour Orders (CBOs) to exclude criminals from returning. A new data sharing agreement has also led to the quick exchange of information and intelligence to prevent, deter and detect suspects of retail crime.
“As the capital’s world-famous Christmas Shopping season gets underway, the targeted work police officers are doing in Stratford is a great example of the Met working with communities and local businesses to make our city safer and bear down on robbery, thefts and retail crime in all its forms,” Khan said.
“We know how important this golden quarter is for our business sector so I’m really pleased to see the police working effectively to bear down on the worst offenders – many of whom use the busy crowds and festive season as a cover for their crimes.
“As Mayor, I’ll continue to invest in policing, so that local community-based police teams – like the mobile police station I have seen today - can be there when the public need them most. This is alongside our vital work investing in prevention and intervention at critical stages in the lives of young Londoners so that we can build a safer London for all.”
Commander Pete Stevens from the Metropolitan Police said: “We are determined to make the streets of London safer and tackling theft and robbery is key to that.
“Thanks to excellent work from local officers we’re bringing perpetrators to justice and our mobile police stations are helping us make London safer. We look forward to working closely with the Mayor and local businesses to continue to tackle this issue.”
Supreme plc, a leading manufacturer and distributor of consumer goods, has reported strong financial performance for the half-year ended 30 September,
The company recorded an 8 per cent increase in revenue, reaching £113 million compared to £105.1m in the same period last year. Adjusted EBITDA rose 22 per cent to £18.5m, reflecting higher gross margins and tight overhead control.
Despite challenges in the vaping market, the company continues to demonstrate resilience, particularly in its non-disposable vaping products.
Revenue in the vaping category stood at £36.6m, a 13 per cent decline from £42.1m in the previous year, largely due to a strategic de-emphasis on disposable vapes ahead of the forthcoming ban in June 2025. Sales of disposables fell by 56 per cent, to £4.4m, while revenues from non-disposable products remained stable at £32.2 million.
Supreme has shifted focus to rechargeable pod systems, 10ml e-liquid refills, and nicotine pouches under its 88Nic brand. These initiatives align with the anticipated regulatory changes and reinforce Supreme’s long-term commitment to supporting vaping as a smoking cessation tool.
“The strength of our strategy and the proactivity of our teams means we are well-positioned for upcoming changes in the UK vaping sector. Non-disposable vapes account for the majority of our vaping revenue, and we continue to report growth in 10ml e-liquid refills,” said Sandy Chadha, Supreme's chief executive
The revenue for third-party disposable vapes ElfBar and Lost Mary, reported separately in Supreme’s Branded Distribution category, totalled £30.3m for the period, an increase of 15 per cent as a result of having this distribution for the entirety of the period versus only three months last year.
The acquisition of Clearly Drinks has further diversified Supreme’s portfolio, adding £3.5m in annualised EBITDA. The acquisition reflects the company’s strategy to leverage its distribution network for cross-selling opportunities, particularly in its Sports Nutrition & Wellness division.
As a result, non-vape annualised revenue of the company now exceeds £100m or around 45 per cent of group revenue.
“We have experienced steady growth across our categories whilst seamlessly diversifying our portfolio through the acquisition of Clearly Drinks,” Chadha added.
“Adding well-recognised and trusted brands into Supreme's unrivalled distribution network across UK retail is central to our long-term growth strategy, and this acquisition reaffirms our ability to identify and execute quickly on M&A opportunities.”
Supreme anticipates revenue of around £240m and adjusted EBITDA of at least £40m for FY 2025, driven by continued strength in its core categories and ongoing market adaptation.
Some of the prominent food and drink wholesalers have written to the Prime Minister to express deep concern about the impact of the recent budget, which threatens the long-term sustainability of the UK’s food and drink supply chain
Coordinated by the Federation of Wholesale Distributors (FWD), the letter highlights that the National Living Wage increase will add an estimated £110 million in direct wage costs, while the increase in employer National Insurance will add additional costs of £31 million a year to an already embattled sector.
FWD warned that the budget will compound spiralling costs and undermine the wholesale sector – at a time when it should be encouraged to play a pivotal role in driving growth. The viability of regional food distributors is now also threatened, while there is additional pressure on the sector’s ability to fulfil public sector contracts to schools, care homes, prisons and hospitals with nutritious food.
The letter also highlights concerns about reforms to business rates which threaten to plunge hard-working wholesalers into paying a higher multiplier on properties with a rateable value of £500,000 and above.
While the rationale behind this change may be to tax the warehouses of online giants, it is essential to ensure there is a way of differentiating them from business-to-business food and drink wholesalers who were not the intended targets of this change and play a vital role in feeding the nation.
Commenting on the letter’s publication, FWD Chief Executive James Bielby said, “Our members contribute significantly to the UK economy, with annual revenues reaching £36 billion. They also directly employ 60,000 people and add an impressive £3 billion of gross value to the UK economy each year.
"The scale of our sector’s contribution highlights its significance in powering the government’s mission to kickstart economic growth – which we wholeheartedly support.
“However, the tax increases announced in the budget will have the opposite effect, compounding spiralling costs and undermining our critical sector. I would welcome the opportunity to meet with the government to discuss our concerns so that we may identify solutions to mitigate the damaging impact the budget’s measures will have on the critical supply of high-quality food and drink across our country.”
Bestway Wholesale Managing Director Dawood Pervez said, “The planned increase in employer National Insurance contributions alongside the National Living Wage increases will wipe off 10 per cent of our profitability, significantly hindering our ability to reinvest in jobs and the wider supply chain.
"At a time when many wholesalers are already faced with rising prices, these added costs will cause further inflation across the board and will not drive economic growth in our sector or country as a whole.”
Families are set to splash out on Christmas this year as expected spending hits a three year high as the cost-of-living pressure eases, according to RSM UK’s latest Consumer Outlook.
Families expect to spend an average of £760 on Christmas this year, up £158 or 26 per cent on £602 last year; and £694 in 2022. Last year consumers spent on average around a third more than expected, so 2024 average spend could break the £1,000 mark if the same overspend happens again this year.
A third of families (33%) plan on using some form of credit, including a credit card, buy now pay later arrangements, a loan or using overdraft, to fund Christmas this year. Half of all families (50%) plan on bringing forward their Christmas spending to spread the cost of purchases and take advantage of discounts such as Black Friday and Cyber Monday.
The EY Holiday Shopping Survey has also found that the consumers have started their holiday shopping earlier this year, driven by a desire to spread out their spending.
The top three categories that families plan on spending more on include Christmas presents (33%), Christmas dinner (33%) and food and drink at home (32%). Whereas the biggest cutbacks will be homeware (42%), eating and drinking out (40%) and adult fashion (37%).
“Expected Christmas spending hitting a three year high will be welcome news to retailers as families look set to splurge on Christmas presents and food and drink at home. Consumer confidence improved for the first time in three months in November, but it remains fragile and any further dips in confidence could derail expected spending,” Jacqui Baker, partner and head of retail at RSM UK, commented.
“Many retailers will be hoping that Black Friday deals can kickstart sales throughout the Golden Quarter to ensure they are in the best possible financial position going into 2025 to help offset the looming uplift in costs post-budget.”
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Smithfield Market (Photo by Carl Court/Getty Images)
The UK local authority on Tuesday (26) voted to close the city's historic wholesale meat market from 2028, ushering the ending of the trading era that started back in the 1100s.
Smithfield Market, near St Paul's Cathedral, has endured years of uncertainty and was facing an £800-million move to a new purpose-built site in the eastern suburb of Dagenham. But members of the City of London Corporation approved a decision to shelve the project, ending 900 years of history.
Smithfield Market is the largest wholesale meat market in the UK and one of the biggest in Europe. The current iteration of the market has been trading at the site since the 1860s. Prior to that it was a livestock market, which dated back to the medieval period.
Work has already begun on turning this site into a new cultural and commercial hub, which includes the new London Museum, BBC reported.
The Billingsgate fish market had also been slated to move from its home near the Canary Wharf development in east London to Dagenham.
Billingsgate is the largest inland fish market in the UK, with an average of 25,000 tonnes of fish and fish products sold there every year. The original market first traded in Lower Thames Street in the City in 1327, before moving to its current site in Poplar, east London, in 1982.
This site has now been earmarked to provide thousands of new homes.
In a statement, the corporation said traders, who work through the night to supply butchers, hotels and restaurants across the capital, could continue operations until "at least 2028".
"The decision reflects a careful balance between respecting the history of Smithfield and Billingsgate Markets and managing resources for this project responsibly," the local authority said.
"Project costs have risen due to a number of external factors, including inflation and the increasing cost of construction which have made the move unaffordable."
Speaking to BBC London before the decision was announced, one trader, whose family has sold fish at the site for 70 years, said he had been forced to take the compensation offer or "leave with nothing", adding, "For what we’ve been offered to vacate the premises, I can’t go and reinstate myself somewhere else.
The trader also warned that the decision will leave London "without a fish supplier" unless another fish market of the same scale comes up.