Supply Chain
This coverage examines supply chain strategy and performance within the UK retail industry. Reporting highlights logistics innovation, inventory management, sourcing practices, supplier relations, technology adoption, and responses to disruption. Focused on efficiency, resilience, and commercial impact, it provides insights for retail executives and managers optimising operations and ensuring continuity.
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Oct- 2024 -29 OctoberNews-In-Brief
Today’s news in brief-29/10/24
The British Retail Consortium (BRC) has urged the chancellor to prioritise keeping prices low as shop price deflation reached 0.8% in October, marking its lowest rate since August 2021. Food inflation also eased, with fresh food and ambient food prices falling. BRC’s CEO Helen Dickinson stressed that although this trend…
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29 OctoberEconomy
BRC calls for chancellor to keep prices low
The BRC has called on the chancellor to keep prices low ahead of the budget as shop price growth hit its lowest rate in over three years. Shop Price deflation was at 0.8% in October, down from deflation of 0.6% in the previous month. This is below the three-month average…
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29 OctoberClothing & Shoes
Abercrombie & Fitch and Hollister UK profits triple in FY24
The owner of Abercrombie and Fitch and Hollister in the UK has seen pre-tax profits triple in its full-year results, as profits rose to £9.8m, up from £3.2m the prior year. According to recent filings on Companies House, owner AFH Stores UK also reported that revenues hit £213m in the year…
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28 OctoberNews-In-Brief
Today’s news in brief-28/10/24
Mike Ashley, founder of Frasers Group, has indicated readiness to step into the CEO role at Boohoo to initiate a turnaround strategy, following Frasers’ acquisition of a 27% stake in the fast fashion retailer. He criticised Boohoo’s management and recent refinancing, which he termed unsatisfactory for shareholders. Boohoo’s refinancing agreement…
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28 OctoberDepartment Stores
John Lewis Partnership to recruit ‘record’ 12,500 seasonal roles
The John Lewis Partnership (JLP) has revealed it is recruiting a record 12,500 temporary roles across the country – 4,100 more jobs compared with last year – as customer numbers hit record levels and it doubles down on its commitment to customer experience. The roles, comprising those in Waitrose and…
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28 OctoberAdvice
Behind the curtain of retail logistics at DHL Supply Chain
Most consumers think of the shopping experience as the final click online or the moment they walk out of a store with bags in hand. But what happens behind the scenes to ensure that products are on the shelf, or that parcels arrive at our doorsteps on time, is a…
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25 OctoberFeatures
What are Digital Product Passports and how could they affect your business?
What are Digital Product Passports (DPPs)? A Digital Product Passport is the ability to attach a digital record to a product. At any given time, a DPP lets you pick up a product and understand where it comes from, what the carbon footprint is, maintenance instructions and the general life…
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23 OctoberNews-In-Brief
Today’s news in brief-23/10/24
Chancellor Rachel Reeves is reportedly considering imposing higher taxes on Amazon as part of a broader effort to support British high streets, which have been struggling to compete with online giants. The proposed measures could come after her upcoming autumn budget, which is expected to introduce tax hikes and spending…
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23 OctoberPeople Moves
Asda bolsters leadership team with new senior hires
Asda has appointed two new senior leaders to help drive its growth ambitions in 2025. The supermarket giant has named Lauren Lepley as vice president Central Operations and Mark Henry will join in January from M&S as vice president Retail South, with responsibility for Asda’s southern store operations. Both Lepley…
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21 OctoberFeatures
What does Shein’s potential IPO mean for the company and its competitors?
Chinese fast-fashion retailer Shein has reportedly been mulling launching an Initial Public Offering (IPO) on the London Stock Exchange for the past year. This float would be the first time the company has been publicly listed anywhere in the world and would represent a large moment in the retail space.…
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