New partnership aids Apostrophe’s growth

first_imgBoulangerie-patisserie and café chain Apostrophe is focusing on its expansion within London, after announcing a new partnership with an independent catering group.CH&Co, which has now acquired a 50% stake in the business, will help the high street bakery and café chain to grow in the capital, as it looks to open two new outlets in the City’s financial district in 2012.Amir Chen, CEO of Apostrophe, told British Baker: “London is a big market and we currently have 14 locations here, aside from our Heathrow and Gatwick airport sites. There’s lots of room to grow and the new partnership with CH&Co, in addition to a franchising agreement with the company, will help us to access the fast-growing high street market further.”The companies have previously worked together on the Historic Royal Palaces contract, whereby Apostrophe opened up one of its kiosks at The Tower of London as part of a £60m deal won by CH&Co’s venue and public attraction brand Ampersand.Chen added: “The synergies between the two businesses will complement our plans to grow the Apostrophe brand throughout London. As we share similar objectives and attitudes towards food, to roll out our brand for some of CH&Co’s clients in closed markets would be ideal for the business’ future expansion. We are not a 60-shops-a-year expansion – we’re much more measured in our growth.”last_img read more

Can you picture it? How data visualization saves the day

first_imgNumbers don’t lie. It’s an accepted truth. But while they may be supremely honest, numbers aren’t always the best communicators. People often have difficulty understanding the story numbers are trying to tell. Others are intimidated by rows and rows of data, especially when crammed onto spreadsheets printed in 9-pt font.This is why the pie chart was invented.Consider this: 65 percent of the population consists of visual learners. Undoubtedly, these individuals sit on your board, reside in your executive suite and lead teams within your cooperative. Giving these leaders the information they need to make transformative, member-centric decisions often requires data visualization. Why? Because tools that show, rather than tell, get faster, more meaningful action.Images expose dangerous trendsWhen a mid-sized Illinois credit union used data visualization to communicate a troublesome trend, it stimulated a quick response from senior leadership. Thanks to regular reporting on a next-generation dashboard, managers were able to more easily sound the alarm. The graphic report illustrated a serious problem – attrition had risen from 4 to 5.5 percent in under 20 months!As the picture came into even clearer focus, the credit union’s leadership saw that those leaving the cooperative were members with long-standing relationships, good FICO scores and high purchase activity.To reverse the trend, managers proposed the launch of an elite credit card product to deepen relationships with these influential members. The managers came to the proposal presentation prepared with a detailed study of the market, competition, product features and profitability calculations. However, they attribute the “Go for it!” they received from senior executives to having visually communicated the severity of the situation, as well as the danger of leaving the status quo unchecked.Pictures open minds, broaden perspectivesAnother credit union in the Midwest made a critical realization about its credit card portfolio with the help of a visual dashboard.Despite a number of spend campaigns, the portfolio wasn’t growing at an acceptable rate. To determine what could be causing the sluggish growth, the cards team worked with our data scientists to perform cross-sectional and time-series analyses. The numbers results of these examinations would have been incredibly complicated to view on a spreadsheet. By communicating the results in graphics, however, the cards team was able to demonstrate the very clear difference in how fixed-rate cards were performing as opposed to their variable-rate counterparts. The latter was far outperforming fixed-rate cards, and yet 90 percent of the portfolio was composed of fixed-rate cards. The conversations sparked with the visual representation of the portfolio’s performance opened more minds to the idea of changing “the way things had always been” (i.e., pushing the fixed-rate option with members).Getting data visualization in the hands of more credit unionsFortunately, data visualization is becoming more accessible as data analytics providers begin to serve the community financial institution vertical. What’s more, the dashboards providing that visualization are increasingly easier to use and better at displaying information. You may have heard them referred to as next-generation dashboards.Think of data visualization as a new iteration of business intelligence, and one that is completely accessible. Using advanced analytics and visualization techniques, these dashboards allow credit union personnel of varying experience levels to create charts, graphs and visuals that demonstrate member behavior, predict sales volume, as well as identify potentially profitable adjustments to things like risk management and marketing strategy.Simply put, data visualization helps more people easily understand large amounts of data without having to sort through stacks of reports and spreadsheets. Better yet, it often allows for insights in real time.Of course, data visualization is more complicated than creating a chart or graph from a spreadsheet. The real magic is found in the technology’s ability to bring together large amounts of data and create connections visually. It’s the kind of capability that changes minds and broadens perspectives. Using pictures instead of numbers, the innovative thinkers in the movement will get that “Go for it!” executive support they need to take their cooperatives into the future. 45SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Suchit Shah Suchit Shah is the COO of CU Rise Analytics, a Virginia-based CUSO. CU Rise helps credit unions that want to focus their time and resources on the most advantageous strategies … Web: Detailslast_img read more

Augustine Heights home perfect for entertaining

first_imgThe kitchen and dining area at 57 Benezet Drive, Augustine HeightsOther features of the home include an in-ground saltwater pool with glass fencing that offers full automation including touch screen internal control and phone application access.The property, on an 808sq m block, has four separate living areas. One of those living areas is upstairs, where there is also a huge main bedroom including ensuite with double sink, bath and double shower, feature tiling and a walk-in robe.All Properties Group Greater Springfield-Augustine Heights agent Leanne Ollerenshaw said the attention to detail was unparalleled and the next owner would not be disappointed when they entered this private executive oasis. The home at 57 Benezet Drive, Augustine Heights is like newTEGAN and Matthew Horwood have only lived in their Augustine Heights home for nine months.However due to a job opportunity overseas, Mr Horwood, a construction manager in the oil and gas industry, is to relocate to Houston with his family.The couple built the modern Metricon (Franklin 40) home at 57 Benezet Drive, which has four large bedrooms all with built-ins. “We chose the area because Tegan knew the area and liked the look of it,” Mr Horwood said.“She liked that it was a developing area and that there were new homes and young families here, like ours.”More from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019The outdoor entertaining area at 57 Benezet Drive, Augustine HeightsThe Horwoods have two daughters, aged 2 and 4, who enjoy the huge flat backyard with a built-in play fort. Mr Horwood said he slightly modified the design of the home to incorporate a media room downstairs.He said he closed off the study so it could be a bedroom, and added a third bathroom, with a shower downstairs.last_img read more

Compensation of 45 does not guarantee farmers recovery – PN

first_img SharePrint Partit Nazzjonalista has insisted that compensation of 45% does not guarantee that farmers will be able to recover and rebuild greenhouses and other expenses which were incurred in last winter’s storm.PN has stated that Government took it upon itself to choose that farmers which suffered for various damages around the island will only be compensated for 45% of the damage dealt.Application for farmers that suffered damages in their fields during February’s storm opened last Wednesday.PN Representative for Agriculture Edwin Vassallo added that while Government was generous in spending in situations that were deemed favourable to it, it only managed to spare €3.5 million for our local farmers.In a statement issued by Government earlier this week, it was explained that farmers can apply for compensation if they suffered any of these expenses:Expenses related to repairing or replacing greenhouses or tunnels;Expenses associated with repairing or replacing dry stone walls and rubble walls which hold soil;Expenses realised regarding repairing or replacing traditional water mills;Any stone or steel work in order to repair or replace damages done in the fields as registered by the VPRD;Expenses as certified by a warranted architect with a maximum of 5% of eligible expenses.Read: Government to seek European funds to cover storm damagesRead: Farmers trapped between local and EU bureaucracyWhatsApp <a href=’;cb={random}’ target=’_blank’><img src=’;cb={random}&amp;n=ab2c8853&amp;ct0={clickurl_enc}’ border=’0′ alt=” /></a>last_img read more