Supply Chain
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Sep- 2021 -3 September
Ikea faces disruption to 1,000 UK product lines
Ikea is reportedly facing issues with supplying roughly 1,000 product lines to UK customers as a result of Brexit and the lorry driver shortage. According to The Independent, all 22 of the multinational retailer’s UK sites are experiencing disruptions, with some outlets reportedly running out of mattresses and other items.…
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3 September
Gov needs to tackle ‘short and systemic’ supply problems, commission warns
The government has been urged to “get a handle” on the “immediate and systemic” problems currently causing the supply chain crisis affecting the country, by a cross-party commission. The UK Trade and Business Commission, which was setup to scrutinise the government’s post-Brexit trade deals, yesterday (2 September) hosted a hearing…
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Aug- 2021 -26 August
Supermarket leaders warn of Christmas supply shortages
Supermarket leaders from across the UK have warned of supply chain issues over the Christmas period due to the ongoing shortage of HGV drivers. Richard Walker, executive chairman at Iceland, told the BBC that he estimated the UK’s shortage of lorry drivers to now be 100,000, with the group 100…
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17 August
Post Office and DPD partner for ‘click and collect’ services
The Post Office and DPD have announced a new partnership that will see parcels delivered directly to its branches for click-and-collect services, opening up its network to external carriers for the first time in its 360-year history. The service will initially be available at around 250 Post Offices this month…
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13 August
Dixons Carphone launches campaign for 7.5t drivers
Dixons Carphone has announced a nationwide campaign to recruit, retain and retrain 7.5t drivers across the UK. It comes as a response to the current industry-wide shortage of drivers, and will see the group offer a sign-on bonus of £1,500 to new 7.5t drivers as well as paying a £1,500…
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9 August
McColl’s plots £30m capital raise
The McColl’s convenience store chain has said it is considering undertaking a capital raise fund to accelerate the expansion of its partnership with supermarket Morrisons. The group made the announcement today (9 August) after Sky News reported over the weekend that McColl’s had approached institutional investors regarding a potential share…
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Jul- 2021 -26 July
Lorry drivers set for nationwide strike next month
Lorry drivers across the UK are reportedly planning a nationwide strike in light of poor working conditions, in a move that could further disrupt supply chains and lead to food and goods shortages. According to The Observer, the “stay at home” strike is now set for 23 August, and has…
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20 July
Bestway FY20 profits soar 82% to £38m
Bestway Wholesale Group has reported a year-on-year rise in EBITDA of 81.8% in FY20, up from £20.8m to £37.9m. Revenues at the owner of Bestway Wholesale, Bestway Retail, Bestway Northern, Bestway Property, and MAP, also increased, but at a slower rate of 1.4% year-on-year to £2.55bn. The year to June…
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Jun- 2021 -22 June
Amazon ‘destroys’ millions of unsold products each year
Amazon has been accused of destroying millions of unsold items every year at one of its UK fulfilment centres. An investigation conducted by ITV News has claimed that the waste, which included new and unused products, is composed of items that are either never sold or returned by a customer.…
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1 June
Kraft Heinz to invest £140m in Kitt Green
The Kraft Heinz Company has revealed plans to invest £140m in Kitt Green, the Wigan food manufacturing facility. Some 50 full-time jobs are set to be created by the proposed investment, which is subject to final US regulatory approvals later this year. The US-based food company claimed that the funding…
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