Awards Success for Pioneering Walthamstow Spar store using Market Hub Technology
London, 6th October 2015 – Eat 17, the family run grocer, has been awarded the ‘Innovative Store of the Year’ at the IGD Awards 2015. The store has made Market Hub technology a key part of its digital innovation, having adopted Market Hub’s pricing analytics technology and Electronic Shelf Labels (ESL) at their store in April 2015.
The winners were announced at a glittering awards ceremony hosted by television personality Rachel Riley, and took place at the elegant Park Plaza Westminster Bridge Hotel in London. The annual IGD awards are a key part of the trade bodies’ annual calendar and have become a mainstay of the retail industry’s calendar. As the high street continues to face challenges from online retailers, a particularly high premium has been placed on innovation in the traditional retail space.
Market Hub technology has been giving Eat 17’s customers a better and more personalised shopping experience by using data to ensure their favourite products are always in-stock; and by analysing local shopping habits to target specific products to the Hackney area. Staff have been spending less time pricing and more time giving their valued shoppers the best customer service.
The partnership has been fundamentally driven towards helping Eat 17 increase efficiency and allow retailers to analyse and act on their data in a complicated non-technical way thereby helping the store to differentiate itself. SPAR were shortlisted in four categories for these highly prestigious awards. SPAR at Eat 17 Hackney scooped the Innovative Store of the Year, one of the most prestigious prizes, which was sponsored by McCurrach.
Angus MacIver, Chief Executive Officer at McCurrach UK, said: “Eat 17 at SPAR Hackney provided us with the most inspiration for the future of convenience retailing, with a fantastic combination of symbol group discipline and street food culture creating a high-revenue, high-margin business in an environment where that is proving increasingly difficult.”
Roy Horgan, founder of Market Hub technologies said: “Market Hub is delighted to have partnered with Eat 17 and continues to imbue UK stores with its innovative technology to help re-invigorate the high street. It’s brilliant to see high street stores embracing digital to help them level the playing field with online retailers. I hope we will see many more partnerships evolve as Market Hub seeks to help all retailers think about and create their unique retail differentiator”.
About Eat 17
Eat 17 is a group of family owned eateries and convenience stores located in East London, co-founded by award-winning retail siblings Chris & Dan O’Connor, and James Brundle. This includes the family run SPAR Walthamstow, which was awarded ‘The Grocer Magazine’s Best Store in the UK 2012′ and was included in the ‘2013 Finalists for Best Store in the World’, and the innovative SPAR Hackney, a converted cinema now offering groceries, artisan baked goods and craft beers. Eat 17 stores stock a wide variety of indie products and fresh, seasonal goods with an emphasis on using local producers (20% of in-store goods are sourced locally). Each store has been designed around a core concept of originality and product quality, to create a shopping experience unlike any other. The stores are run in partnership Blakemore Trade Partners, a trading, sales and marketing support division for SPAR.
About Market Hub Technologies:
Market Hub Technologies was founded by retail entrepreneur Roy Horgan to help bricks & mortar retailers compete in an online age. Market Hub provides a digital toolkit for retailers including Electronic Shelf Labels (ESL) and proprietary analytics so high street retailers can compete with large multinational and online chains. Market Hub aims to ease the burden of managing prices and help store managers localise their offering to improve customer shopping experience. Consumers are offered a superior shopping experience helping to reinvigorate the high street whilst reducing the burden of managing pricing for retailers.