National Living Wage by then. A survey conducted in November 2015 by the Resolution Foundation and the Chartered Institute of Personnel and Development revealed that the policy is expected to have its greatest impact in the retail, hospitality and healthcare sectors. The policy has received criticism from some large employers, particularly supermarkets and the food and drink sector, where profits may be reduced by up to 10%. Some large employers have said that they may pass on the additional cost to consumers in the form of higher prices and some intend to improve productivity. The supermarket chain Lidl has said it will implement
Piccadilly (supermarket chain) Piccadilly (supermarket chain) Piccadilly (Пикадили) is a former Bulgarian supermarket chain operating in Varna and Sofia. Founded as a 51% foreign-owned company in 1995, it opened its first supermarket in Varna in 1994 and became 100% Bulgarian-owned in 2003. Piccadilly was known for its near-complete dominance of the market in Varna to the extent that it prevented large international chains such as Billa from opening new stores. A loyalty program, Piccadilly Club, was started in 2003. On 12 September 2007 the Serbian firm "Delta Holding" bought 85% of the Piccadilly Chain Supermarket. Under the deal, Delta had to invest about