Distribution Centre

Angling Direct sees group revenues rise to £81.7m

Fishing tackle retailer Angling Direct has reported a 10.2% increase in revenue to £81.7m for the year ended 31 January…

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Today’s news in brief-9/2/24

Retail giant Tesco has finalised the sale of its banking arm to Barclays in a £600m deal. The partnership aims…

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Ikea UK turnover hits £2.5bn as profits double in FY23

Ikea UK has seen turnover hit £2.46bn in FY23, with total sales up by 11.9%, as operating profits almost doubled…

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Today’s news in brief- 30/1/24

Online marketplace Secret Sales has appointed Anthony Farrow as its new Chief Technology Officer. Farrow, with 23 years of experience…

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Pets at Home lowers guidance despite Q3 revenue jump

Pets at Home has lowered its underlying profit before tax guidance to around £132m despite the fact its group revenue…

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Boohoo eyes closure of Leicester factory

Boohoo Group is looking to close its Thurmaston Lane factory in Leicester in favour of relocating its operations, Drapers has…

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The Retailer’s Guide to RFID Tags and Inventory Management

In the fast-paced world of retail, efficient inventory management is crucial for success. RFID (Radio-Frequency Identification) technology has emerged as…

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Asda lorry strikes could lead to Xmas food shortages, union warns

Asda may face food shortages over the festive period following strike action amongst its lorry drivers. It comes as Unite…

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Today’s news in brief-6/12/23

Farfetch is reportedly contemplating the sale of fashion retailer Browns as part of efforts to secure the company’s future amid…

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Part of Lakeside to be demolished for £200m redevelopment

Part of Lakeside shopping centre in Essex will be demolished to make space for a £200m warehouse and distribution centre,…

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