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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Apr- 2024 -29 AprilNews
Today’s news in brief-29/4/24
Ted Baker’s European operations are on the brink of administration, endangering 149 jobs. The potential collapse affects stores and concessions in the Netherlands, Belgium, and Spain. This development follows the appointment of restructuring firm Teneo as administrator of Ted Baker by its owner, Authentic Brands Group, after a £210m acquisition…
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29 AprilSupermarkets
Lidl to invest £500m into British pork
Lidl GB has announced an investment of £500m into the British pork sector as it aims to ensure the continued production of ‘high quality British product”. As the fourth-largest retailer in the fresh pork category with an 11% market share, Lidl said it is taking action to address recent sector-wide…
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24 AprilPeople Moves
John Lewis finance director to step down
The John Lewis Partnership has announced its executive director of finance, Bérangère Michel, is stepping down from the role later this year after deciding to pursue future career options outside of the business. Michel has spent the past 16 years in various senior leadership positions across retail, supply chain and customer…
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15 AprilFeatures
Navigating the tax system: a guide for retailers
Taxes are an inevitable aspect of running a retail business in the UK, shaping financial decisions and operational strategies. Business tax rates, including corporation tax, VAT, and business rates significantly impact the profitability and sustainability of retail businesses. Understanding the nuances of business tax rates is essential for retailers to…
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5 AprilHigh Street
The Works shareholders vote to exit main stock exchange
The Works has announced that its shareholders voted to transfer shares from the main market of London’s Stock Exchange to its sub-market AIM, as a cost-reducing measure. This latest move was the outcome of the retailer’s latest AGM that was held yesterday (4 April). Almost all shareholders – 99.7% –…
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4 AprilFeatures
What disadvantages does ‘shrinkflation’ bring for retailers?
In the world of consumer goods, the term ‘shrinkflation’ is rapidly becoming popular, and while it has been traditionally associated with consumers, the phenomenon is also starting to apply to retailers, prompting them to reconsider their strategies and prepare for the emerging challenges in the market ahead. Gaining popularity around…
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Mar- 2024 -28 MarchNews
Tesco and NatWest join forces to help farmers with decarbonising costs
Tesco and NatWest have launched a new discounted climate and sustainable finance scheme for 1,500 of the retailer’s farmers providing them with financial assistance in order to switch to sustainable farming methods. The voluntary programme, which has been designed with farmers’ input, will see farmers who are part of Tesco’s…
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27 MarchNews
Today’s news in brief-27/3/24
Fashion giants ASOS, Boohoo, and George at Asda have pledged to overhaul their green marketing tactics following a Competition and Markets Authority (CMA) investigation. The CMA’s scrutiny was prompted by concerns of greenwashing in the fashion industry. The firms will now ensure that their green claims are clear, specific, and…
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27 MarchFeatures
How can retailers effectively manage their inventory?
Inventory management stands as a fundamental aspect of effective retail store administration. Situated within supply chain management, its objective lies in overseeing the movement of goods from manufacturers to warehouses and ultimately to the point of sale. Inadequate inventory management results in inefficiencies due to the absence of reliable real-time…
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27 MarchClothing & Shoes
H&M H1 profits beat expectations despite sales dip
H&M has revealed that its operating profit increased to SEK2.077bn (£155m), up from SEK725m (£54m) despite net sales decreasing to SEK53.6bn (£376m) during the first quarter of the year ended on 29 February 2024. The group has said that sales from 1-25 March increased by 2% in local currencies compared…
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