Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Asda strike looms amid ‘unacceptable’ pay offer

Asda strike looms amid ‘unacceptable’ pay offer

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.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

GMB has announced that strike action at Asda has moved closer after thousands of workers said they were ready to walk out over the company’s “failure to make an acceptable pay offer”. 

The association’s representatives will meet after the next pay talks to agree the next steps in moving to a formal strike ballot after 94% of warehouse and clerical workers and LGV drivers voted in favour of strike action. 

The dispute began after the supermarket failed to offer distribution staff a “meaningful pay offer” – with inflation running at a 10-year high. 

GMB said it wrote to Asda asking if it is holding back distribution workers’ pay because of “potential future liabilities” in a long-running equal pay claim. 

Nadine Houghton, GMB national officer, said: “This immense vote in favour of industrial action shows the bubbling anger and resentment among the workers.”

An Asda spokesperson added: “The GMB has recently made an additional pay claim on top of a two-year deal which was agreed with them in May. As our annual pay negotiations have just begun and discussions are ongoing, any talk of industrial action is premature. In addition, we have responded to the driver shortage by offering all of our existing HGV drivers a £1k one-off discretionary incentive retention payment.”

Previous Post
Sunak unveils £1bn support package for Omicron-hit businesses

Sunak unveils £1bn support package for Omicron-hit businesses

Next Post
Maje welcomes new CEO

Maje welcomes new CEO