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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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Currys has announced an additional rise for hourly paid store colleagues in the UK from £10.35 per hour to £10.50, the fourth rise in the last 18 months. 

The retailer also revealed that the average store colleague bonus is 89p per hour, with top earners making up to £3 per hour. With the average hour bonus added on, average hourly pay will rise to £11.39 per hour. 

In addition to this rate increase, colleagues who’ve passed a six-month onboarding and skills development program will see their minimum hourly rate increase to £10.80p per hour (£11.80 in London). 

The latest boost in staff pay is in addition to Curry’s colleague benefits, which include a 10% staff discount in-store and online, and a 20% off care and repair services, as well as a 3% to 5% off every week on shopping at major grocers such as Asda, Morrisons and Sainsbury’s. 

Paul Coughlan, chief people, communications and sustainability officer at Currys, said: “We know that investing in our colleagues is the most important thing we can do, especially with the continued cost-of-living crisis. This latest increase means that we are one of the highest paying retailers in the UK. 

“I am really proud that we can continue to show our support for our amazing capable and committed colleagues, who are our magic ingredient, and at the heart of everything we do. We know that happy colleagues make for happy customers and happy shareholders too.”

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