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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Aldi has announced it is increasing its minimum hourly rate to £9.55 an hour nationwide, exceeding the Living Wage Foundation’s latest recommended pay rates. 

According to the supermarket, these changes mean that store colleagues across the UK will earn a minimum of £0.83 more per hour than the current national living wage, and £2.35 more an hour if they work within greater London

The pay rise which is set to come into effect on 1 February will see new minimum hourly rates for store assistants rise from £9.40 to £9.55 nationally and those working within the M25 will earn £11.07 an hour instead of £10.90. 

It follows what has been a lucrative year for the company, with the store reporting a 10.6% rise in sales over the holiday period. 

Aldi has also recently pledged to increase its spending on UK-made food and drink by £3.5bn by 2025, as part of its growth plans over the next five years. 

Giles Hurley, chief executive officer Aldi UK and Ireland, said: “I want to express my sincere thanks to every single Aldi colleague who stepped up when it mattered and helped us succeed in our most important mission of all – feeding the nation. 

“Their outstanding efforts have ensured that our customers continue to have access to fresh affordable food, every single day. It has never been more important to ensure that our colleagues are rewarded fully for their immense contribution during a challenging period for everyone.”

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