Supply Chain
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Nov- 2021 -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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22 October
AO opens new Leeds depot amid growth
AO has opened a new depot in Leeds as it continues to grow its logistics network following a large recruitment drive. The new 35,000 sq ft site, which opened this week, will be the 24th depot in AO’s current network. It marks a continued expansion following new openings in Crawley,…
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21 October
Ikea, Inditex and Amazon sign up to net-zero shipping pledge
Major retailers, Amazon, Ikea and Inditex are among the first to sign up to a first-of-its-kind target to progressively switch all of their ocean freight to vessels powered by zero-carbon fuels by 2040. Through a new collaborative, cargo owner-led network facilitated by the Aspen Institute, the move is designed to…
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15 October
Co-op to create over 300 LGV driver apprenticeships
The Co-op is set to create over 300 LGV driver apprenticeship roles in response to the ongoing driver crisis that is impacting supply chains. The apprenticeships, which have a competitive salary and permanent contract with the retailer, will provide an opportunity to work towards a Class 1 vehicle licence and…
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11 October
PM appoints ex-Tesco CEO Dave Lewis as supply chain adviser
The prime minister has appointed Sir David Lewis, former CEO of Tesco, as the UK Government’s supply chain adviser. The government said Lewis brings with him a “wealth of industry knowledge” and expertise to the new role. He will advise the PM and chancellor of the Duchy of Lancaster on…
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