Distribution Centre

Tesco to open multi-million pound distribution hub in London

Tesco has announced plans for a new distribution centre at DP World London Gateway, set to open in 2029. The supermarket said the site would strengthen its logistics network and support growth across its store estate. It described the move as a long-term investment in ensuring operations remain “fit for…

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Waitrose invests in first south west distribution centre

Waitrose has announced a multi-million investment in a 360,000sq ft distribution centre in Bristol to support its expansion and improve deliveries to customers in the south west of England. The facility at Mountpark’s Bristol 360 site will be the retailer’s first in the region. Due to open in late 2026,…

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Poundland confirms plans to shutter 150 stores 

Poundland has confirmed that up to 150 stores and two distribution centres are set to close under a new restructuring plan, subject to court approval. Following Poundland’s acquisition by Gordon Brothers last week, an initial 68 stores will close, and along with rent reduction plans, its estate will eventually fall…

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10,000 Wilko workers to get £2m pay out

Almost 10,000 former Wilko workers have been awarded a £2m pay out after the high street retailer failed to properly consult with workers prior to going bust in 2023.   It comes as the GMB union said it had won a legal case on behalf of thousands of members who lost…

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B&M profits slump as inflation hits

B&M has seen its profit-before-tax fall 13.2% to £431m, compared with the £498m it posted in the same period last year. This came as a result of UK inflation, with the company’s UK revenues falling 3.1%, despite its overall group revenue rising 3.7% to £5.57bn. B&M put this revenue increase…

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Pets at Home FY profits rise 14% to £120m despite flat revenues

Pets at Home has seen its profit before tax rise 14% to £120.6m for the year ended 27 March 2025, following strong growth in its veterinary sector. Its vet group consumer revenue was up 13%, with record sales supported by higher visits, average transaction values and significant growth in Care…

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Greggs sales surge 7.4% to £784m

Greggs has reported a 7.4% increase in total sales to £784m (2024: £730m) for the 20 weeks of 2025, driven by store expansion and product innovation.  Its like-for-like (LFL) sales in company-managed shops also grew by 2.9%, with improved performance in the last 11 weeks supported by better trading conditions.…

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Angling Direct sees FY sales and profits rise

Angling Direct has reported a 11.9% increase in group revenues to £91.3m and a 23.6% rise in adjusted profit before tax to £2.0m for the 12 months ended 31 January 2025 (FY25). Its adjusted EBITDA also increased 20.0% to £3.4m, slightly ahead of recently upgraded consensus market expectations. In the…

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WH Smith buyer faces year-long ban from mass store closures

The new owner of WH Smith’s high street chain has effectively been banned from enacting widespread store closures for at least 12 months following the acquisition of the chain in March. According to Sky News, WH Smith would have the right to cancel a year-long transitional services agreement (TSA) with…

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Today’s news in brief-28/4/25

Mohsin Issa, co-founder of EG Group, has stepped down as CEO but will retain a significant minority stake and remain on the board as a non-executive director. Russell Colaco, the current CFO, will take over as CEO, bringing extensive international retail and investment banking experience. The move reflects EG Group’s…

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