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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 cut prices of more than 30 household grocery staples, marking the latest of more than 130 prices that Aldi has cut in the past two months across its entire range.

Aldi said its shoppers will now pay less for fresh produce including apples, oranges and peaches.

Essentials including butter, spread, canned food, personal hygiene products and pet treats are also included in the latest price drop, which has seen items fall by an average of around 7%.

It comes as consumer group Which? named Aldi as the UK’s cheapest supermarket in July for the 14th consecutive month.

On a basket of goods, Aldi was the cheapest at £71.22, which was £8.37 cheaper than Tesco and £16.02 lower than Waitrose.

Julie Ashfield, managing director of Buying at Aldi UK, said: “Our promise is that we will always offer the lowest grocery prices and we’re doing everything we can to pass savings on to our customers. As Britain’s cheapest supermarket, shoppers are switching to Aldi from every other supermarket.”

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