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
Presto (UK supermarket) converting the remaining 110 Presto stores to Safeway. While Presto branded products, and even carrier bags, were quickly replaced with Safeway, the conversion of the stores was not complete until mid-1998 when the final Presto (mainly smaller) stores which were not to be converted to Safeway were sold on to other retailers including convenience operator Bells Stores. Presto (UK supermarket) Presto Foodmarkets was a chain of supermarkets and convenience stores in Great Britain, which first appeared in the early 1960s. While the fate of most of the chain's stores was conversion to Safeway, the final stores still trading as Presto