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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 that it will be giving 28,000 UK store colleagues a pay rise, effective from 1 February 2022.

It revealed an investment of a record-breaking £34m with all 28,000 store colleagues receiving pay increases.

According to the retailer, it will offer new hourly rates for store assistants of £10.10 nationally and £11.55 within the M25.

Its new rates exceed the Living Wage Foundation’s recommended real living wage rates of £9.90 an hour nationally and £11.05 an hour inside the M25.

Aldi added it remains the only supermarket to offer paid breaks, which for the average store colleague is worth £750 annually.

Giles Hurley, CEO, Aldi UK and Ireland, said: “The commitment and enthusiasm of our colleagues has driven our success over many years, particularly during the last 18 months.

“We want to ensure our colleagues are always fully rewarded for their amazing work. These new rates, together with the fact that we are the only supermarket to pay colleagues for breaks taken during their shifts, means we continue to offer the best pay in the supermarket sector.”

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