Logistics
This coverage examines logistics operations and challenges within the UK retail industry. Reporting highlights supply chain strategies, warehouse management, delivery networks, technology integration, and responses to disruption. Focused on efficiency and resilience, it provides retail executives and managers with insights to optimise operations, reduce costs, and improve customer fulfilment across channels.
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Sep- 2021 -29 SeptemberDepartment Stores
Next raises guidance but warns of staff shortages
Next has raised its full-year guidance following a strong performance in its half-year results, and now expects its profit-before-tax to be £800m, up 6.9% against 2019, £36m ahead of its previous guidance of £764m. The group also anticipates its full price sales guidance for the rest of the year to…
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23 SeptemberSupermarkets
Supermarkets warn of panic-buying amid ongoing labour crisis
Leading UK supermarkets are reportedly concerned about a surge in panic-buying during the run-up to Christmas, as supermarkets continue to face an “array” of pressures including the ongoing HGV driver shortage. The boss of Iceland has today warned customers against panic-buying over the period, as managing director Richard Walker told…
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22 SeptemberSupply Chain
Yoox Net-A-Porter doubles global inventory capacity
Yoox Net-A-Porter has opened a new single hub in Italy that will help to serve all of its Net-A-Porter and Mr Porter’s global customer base, doubling the stores’ existing inventory capacity. Located in Landriano, near Milan, Yoox Net-A-Porter said the new €47m (£40m) distribution centre represents one of its “most…
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17 SeptemberClothing & Shoes
Reiss swings to £13.6m FY21 loss
British fashion brand Reiss has announced that it swung to a loss before tax after exceptional items of £13.6m in FY21, down from profits of £20.1m the year before. The group also reported a 24.6% year-on-year fall in revenues to £170.7m for the 52-week period ended 30 January 2021. Reiss…
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14 SeptemberClothing & Shoes
JD Sports H1 profits soar to £440m
JD Sports has seen its profits before tax and exceptional items soar to £439.5m in H1 FY21, up from £61.9m in the same period of FY20 and £158.6m in FY19. The sports fashion retailer reported a 52.7% year-on-year climb in group revenues to £3.89bn in the 26-week period ended 31…
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10 SeptemberClothing & Shoes
Tod’s sees profits reach €65m in H1
Tod’s, the shoewear company, has reported an EBITDA of €65m (£55m), with a 16.3% margin on sales in the first half of 2021. This compares to a €18.7m (£16m) operating loss in the first half of 2020. Compared to the pre-pandemic situation in the first half of 2019, the company…
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6 SeptemberSupply Chain
Labour shortages could continue for two-years, CBI warns
Labour supply problems could last for up to two years and will not be solved by the end of the Job Retention Scheme, the CBI’s director-general, Toby Danker has warned. The warning comes as the CBI’s director-general has set out priorities for both business and government to guard against labour…
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3 SeptemberSupply Chain
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 SeptemberSupply Chain
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 -23 AugustEconomy
UK rejects industry demand for EU truck driver visa
The government has reportedly rejected calls to install temporary visas which would allow HGV drivers from the EU to help alleviate the current shortfall of drivers in the UK. According to the Financial Times, ministers rejected the idea put forward by two industry bodies but have backed calls to increase…
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