Fabio Finocchiaroput down sturdy ‘Rootes’ when he arrived in the UK from Italy last century to work in grocery, and now he is the twice-winning Asian Trader Baker supreme
From a holiday visitor to a celebrated retail manager, Fabio Finocchiaro has carved a niche for himself and the store he manages, Rootes Grocery Store at the University of Warwick, twice winning the prestigious Bakery Retailer of the Year at the Asian Trader Awards.
“The entire operation in the bakery has been growing and growing. And we won twice with Asian Trader. We won in 2017, and again, we won it last year. Really proud of that. It was a great honor to receive the award,” he says.
Fabio’s journey at Warwick began in 1998 when he and his wife Georgia visited the UK to see Georgia’s mother. They were living in Italy at the time, but circumstances led them to extend their stay. “We came here on holiday in 1998 to see Georgia’s mom. Georgia was pregnant, and her mom wasn’t having a great time, so we decided to stay a bit longer,” Fabio recalls.
During this period, Fabio, who was already working in retail in Italy, explored job opportunities here. He stumbled upon a position at the University of Warwick and, after a lengthy interview process, was offered the job. “We sold our house, left our jobs in Italy, and moved over here,” he explains.
Starting as a shop floor manager, Fabio’s hard work and dedication quickly saw him rise to the position of assistant manager, and eventually, the manager of Rootes Grocery Store. Over his 26-year tenure, Fabio has witnessed and driven significant changes and improvements in the store. He speaks with pride about his team, many of whom have been with him all these years. “Adam started here at 16 and is now 31 and the assistant manager. It’s a great story, and I’m very proud of what we’ve achieved over the years,” says Fabio.
A multicultural store
With over 29,000 students and thousands of staff members, Warwick University is essentially a “town within a town”. As well as a diverse mix of national and international students, the store’s customer base includes university staff and visitors, and the 7,000 sq ft store, located at the heart of the campus, is known for its diverse range of products, including Oriental and world foods. “Our strength is the international food and the food to go,” Fabio highlights.
Despite strong competition from nearby Tesco and Aldi stores and the rise of online shopping, Rootes Grocery Store has carved out a unique position. The store’s ability to quickly adapt and introduce new products, especially ethnic foods, has been a key differentiator. “The foods from Asia, from India or China or Taiwan, students can recognise their labels, which gives us strength against Tesco because they cannot move as fast as we do,” he notes.
One of the cornerstones of Rootes Grocery Store’s success is its bakery, comprising over 100 bakery lines – with 12 different varieties of bread, 30 varieties of pastries and a full range croissants and breakfast foods.
The freshly-baked range is enticingly displayed across 1500 square feet of space in the store to maximise sales and there is an intoxicating, aromatic “bakery go to” feel when you walk in the store. Their wide bread selection is arrayed on a huge five-shelf display stand on the wall, starting at the bottom with freshly-baked baguettes, pasties, sausage rolls and savouries, more than 12 flavours and types of doughnuts and over 30 different breakfast foods including croissants, almond croissants, pains au chocolat and cinnamon swirls.
Popular items include sausage-rolls and burgers, which sell in the thousands daily. “The more you cook, the more you sell,” Fabio explains, noting that the bakery alone generates a weekly turnover of around £40,000 during term time, when the store sees a weekly footfall of around 37,000 customers!
They offer a full range of authentic Indian curries from a local supplier, Trishaz Treat, selling it hot through the bakery and cold in store as ready meal to take home. The partnership with Country Choice has also been instrumental in adapting to changing market conditions.
“Country Choice allows us a little bit of leverage to introduce different lines, and every now and then we try different things in the bakery. But the vast majority of the food that goes out from the bakery is through Country Choice, which is really vital and extremely important for us,” he explains.
Bread is in high demand and quite successful, “despite all the war against carbs,” he adds, though the preferences have changed.
“It will be baguettes, ciabatta bread, because they don't really go for sliced bread anymore, unfortunately. We used to sell a lot of sliced bread with Hovis, Warburtons. But nowadays we sell just very little compared to what we used to be as generations have moved on,” he notes.
A (hard) day’s night
The bakery operation is a well-oiled machine, starting early in the morning and running until late at night. “We start cooking at six o’clock [with] three members of staff, and we add as the hour goes along. By lunch, we have seven, and that will be the maximum. And then goes down again and we close with two. We cook all day,” Fabio describes.
They prepare a variety of meals for different evenings, mix and match with the chicken pieces and chicken nuggets on a Monday, pizza next day, lasagna for Wednesday and so on and so forth.
“When we stop cooking for the evening, which is by six, there's not really much needed and what was left, we keep it until about eight, and then it gets disposed. Most of the times we don't have much over,” he goes on. “Then we start cooking again. We start cooking for the next day, for example, the donuts, the cookies. We finish by 11 at night with the team.”
Training is rigorous, with strict induction processes and ongoing checks. “We have about 50 modules to go through, starting with food safety and hygiene,” Fabio explains. Permanent staff attain a level three in food hygiene, and even casual student staff undergo comprehensive training.
“We have team leader, Mariana, in charge of the bakery. She will take care of the training and make sure everything is up to scratch, especially with due diligence checks. We're quite strict with that,” he adds.
Feedback and adaptation
For Fabio, customer feedback is the lifeblood of the store. It has driven many of the store’s innovations and adaptations over the years, particularly in the bakery section.
“Feedback in general is vital to us,” Fabio emphasises, “because that's how we started realising that the only way to beat Tesco, Aldi or whatever is just to get unusual products, or what the customer actually cannot find elsewhere.”
Listening to student feedback has been particularly instrumental. Fabio recalls how a student recommendation led to a successful collaboration with Trishaz. “Students were buying on Facebook from his company, and then I got hold of him. We met, had a conversation and we started working together. It works much better for us,” he says.
The store also runs polls through the university to gauge student preferences. “The bakery came out on top with the range and everything we do,” Fabio notes proudly.
Students working in the store have been a vital link in this continuous loop of feedback and adaptation.
“We listen a lot to what students say. It is true, though, that they say one thing one day, probably the opposite the next day, but you have to sift through what they really need. Most of this comes from the students that we employ, from our colleagues. They would tell us what we miss. We also work with the various university societies, the Caribbean society, the Chinese society, and that also gives us an edge and firsthand advice,” he explains.
In the face of rising living costs, the store has positioned itself as a reliable and affordable option for both students and staff. Despite the presence of 19 restaurants and bars on campus, including big names like Starbucks and Pret a Manger, the store’s hot food offerings have remained popular due to their authenticity, affordability, and availability.
“Our sales have gone up. We haven’t felt the cost-of-living crisis,” Fabio reveals. In fact, the economic challenges have somewhat benefitted the store, as more people turn to it for quality meals at reasonable prices.
Fabio attributes this success to a combination of factors: quality, price, availability, and authenticity. “Beluga, Starbucks, and other big names have big prices and not always the best quality,” he explains. “We managed to be more competitive. And we are winning that battle because of quality, price, availability, and, believe it or not, it is as simple as authenticity, which is vital for students that come from abroad.”
Future sustainable
Looking ahead, Fabio is keen on expanding and diversifying the bakery’s offerings, particularly with an eye toward plant-based options. “Society is moving that way,” he notes, acknowledging the growing demand for plant-based foods.
“If you look at the data itself, the amount of plant-based food we sell, which we do have, is really tiny in comparison to the classic sausage rolls or burgers,” he notes. “But that's where we go into, where society is going.”
However, he also recognises the challenges in this area, such as taste and availability. “The main complaint we get is that plant-based foods are just tasteless,” he admits. “And the more we move towards that, I guess, the tastier the lines will be.”
The store is also working closely with Country Choice and Trishaz to develop new lines.
Fabio is exploring ways to extend the bakery’s operating hours and enhance its efficiency. “We need to extend further into the evening while limiting costs,” he says. Despite the logistical challenges, he remains committed to pushing the bakery forward. “It is a jewel. It’s important for us.”
Fabio believes that the bakery will be playing a crucial role in the convenience channel, particularly in offering authentic and diverse products. He sees this trend toward authenticity and diversity as the future of the sector.
“Nowadays, people that move around the world, they want real taste. And I strongly believe that we need to open up to different products, to what is important to people,” he asserts. “Especially nowadays, the stuff that comes from India or China, beautiful food, we need to take advantage of that and offer a better quality range, better quality products in a wider range or specialise.”
Fabio’s success has been built on a deep understanding of his customer base and a willingness to adapt and innovate. He encourages other retailers to do the same, stressing the importance of quality and authenticity in building a loyal customer base.
“Understand your customer and be brave,” he says. “Your customers, if the quality is good, are very open to external influences, especially when it comes to food.”
New data published this week by LINK, the UK’s cash access and ATM network, showed that consumers withdrew £79.5 billion from cash machines in 2024, a 1.2 per cent reduction compared to 2023.
In total, adults over the age of 16 made 915 million cash withdrawals last year, 60 million (6.1%) fewer than in 2023. This equates to approximately 16 trips to the ATM per person, with an average withdrawal of £86 each time, totalling £1,424 over the year.
ATMs account for 93 per cent of all cash withdrawals in the UK, ahead of cashback and counter transactions at bank branches, post offices, and banking hubs.
Regional differences
Since the pandemic, with more people opting for contactless and digital payments, cash and ATM usage has declined significantly. However, cash remains popular, with regular LINK research showing around 75 per cent of adults using cash at least once a fortnight. While people are visiting ATMs less frequently, they are withdrawing more cash per visit.
The data reveals that every region and nation across the UK saw a fall in total cash withdrawals, with the largest declines in Scotland and London. Interestingly, the North-East of England and Wales experienced small increases in the total value of cash withdrawn.
Northern Ireland remains the most cash-heavy part of the UK, with banking customers withdrawing an average of £2,274 in 2024. The second and third most cash-heavy regions were Yorkshire and the Humber (£1,696) and the North-East (£1,682). Yorkshire was the only region where the average withdrawal increased, rising just over 2 per cent from £1,658. ATM usage was lowest in the South-West, where the average customer withdrew £1,030, closely followed by the South-East (£1,030).
ATM numbers
As cash use continues its long-term decline, the number of ATMs has also fallen. By the end of 2024, there were 5 per cent fewer cash machines compared to the end of 2023 (48,401 vs 46,182). Of these, 37,361 are free-to-use, down from 38,480, and 8,821 are charging ATMs, down from 9,921.
LINK noted that it has multiple financial inclusion programmes in place, as well as a statutory obligation, to ensure everyone has good free access to cash. An unchanged 9 in 10 people still live within 1km of a free cash access point, such as an ATM, post office, or banking hub.
In 2024, the Financial Conduct Authority (FCA) introduced new rules to protect access to cash across the UK. These rules include measures requiring LINK to independently assess the needs of a location following the closure of a bank branch. Communities can also request LINK to assess their high street if they believe it lacks appropriate cash services.
To date, LINK has recommended 184 banking hubs and over 100 deposit services to support cash in the community. These are being delivered by Cash Access UK, which opened the 100th banking hub in late 2024.
“Cash usage is falling in line with our own expectations as more people choose to shop online or pay with card. However, cash remains popular for many reasons,” Graham Mott, director of strategy at LINK, said.
“Our own research shows that millions still rely on it because they’re not confident, able, or can afford to use digital payments. For those on low budgets, there’s still no better alternative to managing your finances than using notes and coins. Notwithstanding, as we saw last year during the CrowdStrike IT issues, if and when systems go down, cash is quite often the only option.
“LINK’s job is to protect access to cash, which means that even as cash and ATM use falls, we will continue to ensure that every street is protected. We’re also pleased that we have recommended almost 200 banking hubs, allowing people and businesses that rely on cash to be able to readily access and deposit cash.”
Morrisons has announced its trading update for the fourth quarter (Q4) and full year 2023/24, showcasing a robust performance marked by significant operational and financial improvements.
The supermarket chain reported its strongest quarterly like-for-like (LFL) sales growth in nearly four years, alongside a notable increase in underlying EBITDA and total revenue.
For the 52 weeks ending 27 October 2024, Morrisons achieved a 4.1 per cent increase in Group LFL sales, with Q4 LFL sales rising by 4.9 per cent - the highest quarterly growth since early 2021. Underlying EBITDA surged by 11.2 per cent to £835 million, while total revenue climbed 3.8 per cent to £15.3 billion for the full year. Q4 revenue also saw a strong uptick, increasing by 4.8 per cent to £3.8 billion.
“This has been a year of urgent reinvigoration and positive progress for Morrisons. Customer transactions increased, market share grew from Q2, and we saw positive switching from our competitors,” Rami Baitiéh, chief executive, said, adding that improvements in availability, pricing, promotions, and the loyalty scheme have driven the financial performance.
The Morrisons More Card has been a standout success, with linked sales growing to 68 per cent at the year-end and reaching 76 per cent by the time of the update. “The More Card is firmly established as a customer favourite after a stunning year,” Baitiéh noted, with 3.5 million Morrisons Fivers redeemed during the two-week Christmas period.
Morrisons expanded its convenience store estate to over 1,600 stores and acquired 36 convenience stores in the Channel Islands in November 2024.
Two men have been arrested in connection with a series of armed robberies at convenience stores in mid-Ulster, which took place on Thursday (30).
The first incident occurred just before 7am at McCrystal’s Day-Today, a filling station on Ballinderry Bridge Road in Coagh. Two masked men, one wielding a handgun, entered the store and threatened staff, holding a weapon to one man's head before forcing him to open the till.
Shortly after, a second robbery took place at a supermarket on Shore Road in Ballyronan. Again, two armed men threatened staff at gunpoint, placing the firearm to the head of an employee before fleeing with cash and a quantity of cigarettes.
A third armed robbery was later reported at Lynch’s Spar on Moor Road in Clonoe, where the suspects again stole cash before making their escape.
Police Service of Northern Ireland informed, "Staff were threatened by two masked men - and were ordered to hand over a sum of cash.
“A blue Audi A6 – believed to have been used by the suspects, was stolen from outside an address in Portadown and later found on fire at Drumcree Community Centre.
“Tonight, Mid Ulster detectives conducted a number of searches at properties in the Churchill Park area of Portadown. Two men, aged in their 30s and 50s, were arrested on suspicion of a number of offences in connection with the investigation.
"An electronic device was also seized for forensic examination. “They have both been taken to police custody for questioning."
Meanwhile, the incident was slammed by a leading Northern Ireland retailers' body.
Commenting on the three-armed robberies of Retail NI members in Mid Ulster, Retail NI Chief Executive Glyn Roberts said, "“These robberies on our members are utterly disgraceful and if anyone in the local community has any information, please contact the PSNI”.
“We shouldn’t forget these are independent retailers that go above and beyond to serve their local community. Our thoughts are with the staff who have traumatised by these despicable attacks”.
“Retailers are sadly experiencing record levels of assault of shop staff, shoplifting and robberies. It is crucially important that the Department of Justice include the assault of shop staff in the forthcoming Sentencing Bill”.
Keep ReadingShow less
A general view of the Sevington Inland Border Facility sign on February 09, 2024 in Ashford, UK
The delayed third phase of Britain's post-Brexit border regime for imports from the European Union will begin on Friday - four years after Britain left the bloc's single market and nine years after it voted to leave the EU.
After Brexit, such was the scale of Britain's task to untangle supply chains and erect customs borders, that it only started imposing new rules last year.
The first phase of Britain's new border model requiring additional certification for some goods came into force at the end of January last year. A second phase followed at the end of April, introducing physical checks at ports for products such as meat, fish, cheese, eggs, dairy products and some cut flowers. New charges were also introduced.
From Friday, a third phase, delayed from Oct. 31 last year, will kick off, with businesses moving goods from the EU to Britain required to comply with new UK safety and security declaration requirements - detailed information about the products being shipped.
HM Revenue and Customs said mandatory collection of the data would enable "more intelligent risking of goods", with legitimate goods less likely to be held up at the border. It said this would mean less disruption to businesses whilst preventing illegal and dangerous goods entering the UK.
But it warned businesses that declarations must be submitted before goods arrived at the UK border to avoid them being held up for unnecessary checks and possible penalties.
While Britain's major retailers and large EU exporting businesses have the resources to handle the demands of the new border regime, smaller retailers and wholesalers have complained it is disproportionately burdensome.
Plans to extend physical checks to fruit and vegetables have been delayed several times and in September last year were pushed out again to July 1 this year.
Chancellor Rachel Reeves said on Sunday, she was "happy to look at" an idea, put forward last week by European Trade Commissioner Maros Sefcovic, that Britain could join a pan-European customs scheme. The scheme is not the same as the EU's full customs union, which the Labour government has said it will not rejoin.
Many people working in shops in Hartlepool Borough are "afraid to come to work" due to fear of violence and abuse linked to thefts, shows a recent survey of businesses.
The feedback forms part of a consultation on the experiences of business owners and retailer held by Hartlepool Borough Council. The survey was carried out from November to January, BBC reported citing the Local Democracy Reporting Service.
Respondents talked about a "fear of violence, verbal abuse and threatening behaviour", council officers said.
At an audit and governance committee meeting held recently, scrutiny and legal support officer Gemma Jones said some businesses reported their staff had "experienced actual violence".
Speaking about the criminals targeting shops and businesses, scrutiny manager Joan Stevens said, "The cohort of reoffenders is relatively small and they're responsible for a large amount of the retail crime or thefts that exist in the town."
She added that data indicated "over 50 per cent of theft appears to be driven by substance misuse issues", which was supported by findings from police interviews with offenders.
Meanwhile, the meeting was told "it didn't appear that the cost of living crisis was a significant impact" in driving retail crime.
The consultation was carried out as part of the committee's investigation into "ways of designing out and reducing incidents of retail crime".
It will culminate in a final report in March.Councillors also saw data from Cleveland Police which indicated that "70 per cent of thefts in Hartlepool are actually undertaken by 12 individuals".
The survey report comes a day after it was reported that theft and violence against retail workers in Britain soared to record levels last year and are "out of control", driven partly by criminal gangs.
Industry body the British Retail Consortium's (BRC) annual crime survey released on Thursday (30) found more than 20 million incidents of theft were committed in the year to 31 August 2024, which equates to 55,000 a day, costing retailers a total £2.2 billion.
The BRC said many more incidents in the latest period were linked to organised crime, with gangs systematically targeting stores across the country.
Incidents of violence and abuse in 2023/24 climbed to over 2,000 per day, up from 1,300 the year before. This is more than three times what it was in 2020, when there were just 455 incidents a day.
Incidents included racial or sexual abuse, physical assault or threats with weapons. There were 70 incidents per day which involved a weapon, more than double the previous year.