Supply Chain
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May- 2022 -13 May
Pandora invests $100m into new crafting facility
Pandora has signed a memorandum of understanding to build a new jewellery crafting facility in Vietnam which will see the company invest $100m (£81.9k) to support its long-term growth. Construction is set to begin in early 2023 and production is due to start by the end of 2024. It will…
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Feb- 2022 -10 February
Retailers cancel £7.1bn in contracts over ethical concerns
UK retailers cancelled £7.1bn in contracts over the last 12 months over concerns about suppliers meeting “stringent” ethical and sustainable standards, new research from Barclays reveals. The latest report from Barclays Corporate Banking, ‘Reshaping retail: how ethics and sustainability are changing retail’s ecosystem’, found that the pandemic and an increasing…
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Jan- 2022 -5 January
Price rises to pick up momentum in 2022
Shop price annual inflation accelerated to 0.8% in December, up from 0.3% in November with prices set to rise in the new year, according to a latest study from the BRC. The increase of 0.3% is above the 12 and six month average price decreases of 0.9% and 0.3%, respectively.…
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Nov- 2021 -26 November
XR targets Amazon centres in Black Friday demo
Extinction Rebellion (XR) demonstrators have organised a series of protests outside Amazon fulfilment centres across the UK and Europe in order to block Black Friday deliveries on one of the retailer’s busiest days. The group has blocked a total of 15 fulfilment centres across the UK, Netherlands and Germany with…
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23 November
AO warns of profit hit amid supply chain issues
AO has warned that its full-year revenue could be hit by ongoing supply chain disruptions, with revenue now expected to be flat to minus 5% against FY21. It comes as “meaningful” supply chain challenges in its second half of trading have led to poor availability in certain categories, particularly in…
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15 November
Supply chain issues to last until 2023, APB warns
Supply chain issues could continue into 2023, the chief executive of the Association of British Ports (APB) has warned. According to the Sunday Times, APB CEO Henrik Pedersen, said he would be “pleasantly surprised” if the supply chain crisis was resolved before the end of next year, citing the fact…
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3 November
Pets at Home CEO to step down
Pets at Home has announced that Peter Pritchard, after eleven years in the business, intends to step down from his role as CEO and director of the company next summer. This follows the “successful turnaround” of the business, in which he developed the group’s pet care plan in support of…
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3 November
AO expands logistics network with new warehouse
AO has opened its fourth warehouse in Crewe, in a move that creates over 80 new jobs and adds over 300,000 sqft of new distribution space to its logistics network. The online retailer will now occupy the Crewe Commercial Park site in what is the largest commercial property build of…
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2 November
SMEs to ‘keep calm and carry on’ despite rising costs, study finds
The majority of SMEs are “grateful” to be in business and generating revenue despite the increased costs, and are prepared to accept up to a 20% drop in revenue, according to a report by MarketFinance. It revealed four out of five (79%) SMEs have faced increased prices from suppliers over…
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Oct- 2021 -25 October
UK logistics space falls to ‘record low’, report finds
Logistics and industrial space across the UK has fallen to a “record low”, with demand rising amid the 16.1 sq ft already taken in Q3, according to new data from Cushman and Wakefield. It found that 48.9m sq ft was taken so far this year, with 2021 on track to…
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