The news that spending in the retail sector has declined for the second month running has brought worry and a sense of frustration over the sector, however instead of focusing on the bad, one of the UKs leading providers of pallet and pump trucks, Midland Pallet Trucks, is urging retailers to concentrate on the good, such as the winners of Innovate UKs IC Tomorrow competition. Being dubbed as the future of retail, five new start-ups were crowned winners of this years competition, after showing innovation and excellence with their new businesses.
Each winning a share of the £175,000 prize money, the winners will also be given opportunities to work with some of the British retail industrys biggest players. Announced in January this year, the competition aims to stimulate economic growth in the digital sector. Breaking down the barriers that many start-ups and SMEs face, the winners are given a helping hand in getting their business off the ground. And according to the pallet truck experts, this is one of the best ways to influence and encourage new growth.
Phil Chesworth, Managing Director of Midland Pallet Trucks said, Its no secret that the retail sector has been under immense pressure for many years, putting many start-ups off taking the next step. However competitions such as the IC Tomorrow and other investment opportunities are excellent ways of encouraging enthusiastic and dedicated professionals to step up to the mark and get their business off to a flying start. The only way the retail sector will recover is with innovations such as this, helping to develop the face to retail and allowing businesses to give consumers something new.
The five winning start-ups include a company who has designed a mobile app that uses beacon technology to help both customers and traders, and an organisation which has developed new ways to fight food waste. Giving them the opportunity to work with supermarket giant Tesco and the Greater London Authority, the competition has given the businesses a platform on which to grow, and potentially, change the future of retail forever.
Nov 27, 2023 Comments Off on Preparing Your Data for warehouse management systems WMS
Nov 27, 2023 Comments Off on Bjelin Accelerates Shuttle Cycle Between Factory & Warehouse with New Joloda Moving Floor System
Nov 27, 2023 Comments Off on LIQUI MOLY invests €8 million in warehouse expansion of its production in Ulm
Jun 26, 2021 Comments Off on Ideally-located & secure HGV storage & warehousing site for rent at Cranford, near Kettering
Jul 07, 2019 Comments Off on tesa packaging tape brings food storage in from the cold
May 13, 2018 Comments Off on Yale Europe Materials Handling expands tow tractor range
Nov 18, 2023 Comments Off on Crane Worldwide Logistics planned expansion with a new facility in CorkContinuing on it’s growth trajectory in Ireland, The new warehouse facility is located within Harbour Gate Business Park adjacent to the Waterford N25 and Dublin M8 road network just...
Sep 09, 2023 Comments Off on UKWA Warehouse Roadshow 2023 heads to Belfast: 27 September
Aug 19, 2023 Comments Off on Bis Henderson launches “Breathing Space” campaign
Aug 05, 2023 Comments Off on HPC (Home Project Centre) Group Acquires HandyHardware.ie
Jul 08, 2023 Comments Off on Yale appoints Ron Farr as new Director of Warehouse Sales – EMEA
Nov 05, 2022 Comments Off on Beaverswood has hazards and restricted area marking safely tapedQuick and effective highlighting of hazards and restricted areas in industrial premises and offices is provided by yellow/black self-adhesive marking tape, now available from workplace...
May 15, 2021 Comments Off on RHA launches tail lift safety guidance
Nov 22, 2020 Comments Off on Axial Properties Ltd fined €80,000 following serious incident in Clonee warehouse
Nov 14, 2020 Comments Off on New Modulean Lite shadow boards from Beaverswood
Jul 12, 2020 Comments Off on How to safely buy a used ATEX forklift