Skip to content
Search
AI Powered
Latest Stories

Submissions open for Raj Aggarwal Trophy

The Association of Convenience Stores (ACS) has invited applications from retailers for the first Raj Aggarwal Trophy, created in recognition of popular independent retailer Raj Aggarwal who succumbed to Covid-19 last year.

The trophy will be awarded to retailers who have been “exceptional in community retailing and helping their fellow retailers,” the ACS said.


Applications are open to any convenience store operator, independent retailers and managers of multiple-owned outlets.

“Raj was the epitome of a community-minded retailer and greatest supporter of fellow community retailers. We announced the Raj Aggarwal Trophy in his honour at last year’s Heart of the Community conference and are pleased to welcome entries to its first ever award,” James Lowman, ACS chief executive, said.

“This award provides the opportunity to celebrate retailers who have been shining examples of community retailing and we look forward to receiving your entries.”

To enter, applicants must submit a short film (maximum of 5 minutes), which would show what they have done in the past year to support their local community and what they have done in the past year to support fellow retailers.

Sunita Aggarwal, Raj’s wife; Jonathan James, managing director if James Convenience Retail; Avtar Sidhu, owner of Budgens Kenilworth; and James Lowman, ACS chief executive, comprise the judging panel of the award.

Last date to submit entries is 13 September. More information is available here. The winner will be announced at an exclusive parliamentary reception with Business Minister Paul Scully as part of the ACS’ Heart of the Community conference on 12 October.

More for you

SPAR owner A.F. Blakemore & Son reports growth
A.F. Blakemore trials electric HGV
A.F. Blakemore trials electric HGV

SPAR owner A.F. Blakemore & Son reports growth

A.F. Blakemore & Son, the family-owned business operating SPAR convenience stores and serving retail, foodservice and wholesale customers, has announced strong results for the 2023-24 financial year in a rapidly changing environment.

Chairman, Peter Blakemore announced, “Despite sales declining slightly from £1.24bn to £1.18bn, I am pleased to present results, showing positive actions on high margin categories and cost control meant adjusted EBITDA increased by 52 per cent from £19.3m to £29.4m after exceptional items.”

Keep ReadingShow less
Brits flock back to physical stores amid return to office

(Photo by JUSTIN TALLIS/AFP via Getty Images)

Brits flock back to physical stores amid return to office

Most Brits visited a retail destination during October and November 2024, shows a recent report, highlighting the resilience of physical retail.

According to the latest Consumer Pulse Report by MRI Software, in partnership with Retail Economics, 88 per cent of the UK population visited a retail destination during October and November 2024 — an increase of 86.1 per cent since May 2024. The report also reports an average of 2.2 visits per person per month.

Keep ReadingShow less
Crime in Convenience Store
iStock image
iStock image

New report reveals financial impact of retail crime

Retail crime is a growing problem not just a businesses but also for consumers as retailers, who are paying a heavy price related to crime, are expected to pass on the cost in the form of higher prices, shows a recent report.

According a new report by national law firm TLT, based on the survey of UK's top 100 retailers, the financial impact of retail crime transcends the losses from theft, damage, and personal injury in the form of increased costs from higher wages, security investments, and compliance with regulatory measures.

Keep ReadingShow less
The Famous Grouse

Regulator probes Famous Grouse deal

The Competition and Markets Authority (CMA) on Wednesday launched an inquiry into the anticipated acquisition of The Famous Grouse, Naked Malt and affiliated brands by William Grant & Sons Group.

Edrington and William Grant & Sons reached an agreement for the sale of the brands in September last year. William Grant & Sons will buy the brands from The 1887 Company, a subsidiary of Edrington.

Keep ReadingShow less
Cash use continues to grow

Cash use continues to grow

The UK is witnessing a continued resurgence in cash usage, as revealed by a new report from Nationwide Building Society. For the third consecutive year, cash withdrawals have risen, with ATM withdrawals increasing by nearly 5 per cent over the past year.

In 2024 alone, over 30 million withdrawals were made, totalling £4.34 billion. Since 2021, the number of cash withdrawals has surged by nearly 30 per cent, defying the narrative of digital payment dominance.

Keep ReadingShow less