Co-founders Steven Bartlett and Dominic McGregor have announced today they are to step down from their roles at Social Chain after six years.
CEO Bartlett and COO McGregor were just 20 and 21 respectively when they became founding members of the Manchester-based social media publishing and marketing company that has since grown to over 750 staff globally and has revenues forecast to hit $200 million this year.
Announcing his stepping down across social media this morning, Steven Bartlett said: “Social Chain was conceived on a small desk in the backroom of the uni I had just dropped out of in Manchester. I was 20, full of wild dreams, and I believed we could take on the world.
“What started as a crazy and sometimes ridiculed idea, in the mind of a few drop-out underdogs, at a time when people didn’t believe in the potential of this new thing called social media.
“As I write this, at 27, we have more than 700 Social Chainers around the world, a world-beating team, we went public last year, we are the best at what we do, and we’ve just posted record numbers. The company is showing unbelievable momentum and I remain Social Chain’s biggest fan, supporter, and believer.
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“I owe an unpayable debt of gratitude to my team, past and present – if it wasn’t for you, my board, our chairman, (and mum and dad), I would be nothing.”
Twitter – Steven Bartlett
In a post to LinkedIn today, Dominic McGregor added: “I’m deeply proud of everything we’ve achieved, the relationships we’ve made and the lessons learned,”
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“Social Chain is a very special company, the growth we’ve seen over the last six years has been quite frankly phenomenal, we recently posted record numbers, and based on some of the exciting things I’ve seen over the last year, the future promises to be even brighter than the past.
“This business has been my rock, even when I faced difficult times in my personal life. The purpose it gave me, and the people I worked with got me through – they gave me something to fight for and without it, and without them, I wouldn’t be the person I am today.”
LinkedIn – Dominic McGregor
The pair has overseen exponential growth throughout the past six years at Social Chain.
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The journey may have started with humble beginnings in Manchester, but Social Chain now has bases in London, Berlin, New York and Munich, and works with global brands such as Amazon, Coca Cola and Apple.
It claims an owned media reach of over 2 billion views a month.
Last year, the company merged with German online retailer Lumaland AG to become The Social Chain AG and list on XETRA and the Düsseldorf Stock Exchange, and it recently announced the largest acquisition in its history by taking a 51% stake in A4D Inc – a Southern Californian digital performance marketing agency.
It has been confirmed that Wanja S. Oberhof – currently Co-CEO of Social Chain AG – will retain his position as CEO upon Bartlett’s standing down.
You can find out more about Social Chain AG via its website here.
Business
Tesco confirms it will review ‘unfair’ Clubcard rule after shopper complaints
Emily Sergeant
Tesco is said to be ‘actively reviewing’ one of the rules of its Clubcard loyalty scheme.
Following shopper complaints and long-term campaigning by consumer champion Which?, Tesco has announced that it will be looking into the rule that prevents shoppers under 18 years of age from signing up to its popular Clubcard loyalty scheme.
Which? research found that shoppers must be 18 or over to join loyalty schemes at Tesco, and other major supermarket chains like Lidl, Morrisons, Sainsbury’s, and Waitrose, whereas at the at Co-op, you only need to be 16.
And then at the Co-op again, and also Sainsbury’s, if you’re added to a parent or guardian’s account, you can be even younger.
Meanwhile, over at popular high street drugstore chains Boots and Superdrug, you only need to be 13 to sign up to their popular loyalty schemes.
Tesco has confirmed it will review its ‘unfair’ Clubcard rule after shopper complaints / Credit: Wikimedia Commons
This discrepancy is why Which? has been urging supermarkets to lift ‘unfair’ restrictions on who can sign up to their loyalty schemes, saying it has ‘repeatedly called’ for action after revealing that millions of people are excluded from accessing lower prices at some of the UK’s biggest retailers due to age, address, or digital access requirements.
Tesco has said in a statement that it is ‘actively reviewing’ Tesco Clubcard with the intention of making it available to under-18s ‘this year’.
According to Which?, Tesco has been rather ‘vague’ on exactly when the change for under-18 shoppers might come into effect, but says customers who don’t have a Clubcard can still find value using its Aldi Price Match and Everyday Low Prices schemes.
“Which? research shows that the savings from Tesco Clubcard can be really significant, which is why access to them matters so much for shoppers trying to make ends meet,” commented Reena Sewraz, who is the Retail Editor at Which?.
“We’ve been putting pressure on Tesco for years now over its unfair policy of excluding young people, many of whom are struggling with the cost of living, so we’re glad [the supermarket] has listened.
“This is a big step in the right direction, provided it moves quickly to fully implement these changes.”
Featured Image – Tesco plc
Business
Plans officially submitted for ‘vibrant’ new food hall in Wythenshawe
Emily Sergeant
Are you feeling hungry? Good, because a new food hall is on the horizon.
That’s right – plans to transform Wythenshawe Civic have taken another exciting leap forward this week, as Manchester City Council and placemaker Muse have submitted a planning application to bring a brand-new food hall to the town.
Set to be housed within the three units next to the former Peacocks store – which has now been demolished – the new food hall will become a ‘vibrant’ destination for independent and local food vendors to attract people with ‘delicious and diverse’ offerings.
Developers also hope the new food hall will keep the suburban Manchester town’s centre ‘bustling’ throughout the day and into the evening.
The announcement that the new food hall is in the works comes as part of the already-announced plans for Wythenshawe Civic – with work to soon begin on everything from the public realm, and outside space, to the vacant office space above the existing Iceland-store, which will also be transformed into modern new workspace to support local start-ups and bring new jobs into the town centre.
Developers also recently submitted three separate applications to create 422 new affordable homes for social rent across three locations in the town centre.
“Listening to local people over the last year and more, we know that Wythenshawe residents want more from their town centre – more things to do, opportunities to spend time in Civic and night time attractions that give the area a lift and attract visitors,” commented Cllr Bev Craig, who is the Leader of Manchester City Council.
“This is the drive behind the Culture Hub. A place for local people with an interest in the arts to take part in creative activities, see a show or enjoy the cinema space – right in the heart of their community.
“This is another exciting chapter in the transformation of Wythenshawe Town Centre.”
Joel Chandler, who is the Senior Development Manager at Muse, added that developers are ‘moving at pace’ with plans to give the town centre the ‘regeneration it deserves’.
“The food hall will be a hive for a range of local outlets and will provide new spaces for the community to spend time in and give the town’s nighttime economy a major boost.”
Emily Sergeant -
17th August 2020 
