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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May- 2024 -9 MaySupermarkets
‘Era of cheap food is over’, Waitrose boss claims
James Bailey, the executive director of Waitrose has told The Telegraph the “era of cheap food is over”, as the supermarket chain is due to reveal a new initiative to support British farmers in the move to regenerative agriculture. It is understood that the move will make the supermarket the…
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8 MayClothing & Shoes
Castore acquires Infinity Inc
Sportswear brand Castore has finalised its acquisition of Infinity Inc, a supplier of branded merchandise, clothing and uniform based in Leeds. The deal is Castore’s first acquisition following a £145m investment in November 2023. As a key supplier, the acquisition will strengthen Castore’s supply chain and enable greater speed to…
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8 MayClothing & Shoes
Boohoo losses hit £160m amid sales slump
Boohoo losses have widened to £159.9m in its full-year results, up from a previous loss of £90.7m, as revenues fell amid a challenging market backdrop over the period.In the year ended 29 February 2024, revenues fell by 17% to £1.46bn, down from £1.77bn the prior year. As well as difficult…
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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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