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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Jan- 2024 -18 JanuaryHigh Street
The Works losses widen to £7.8m amid ‘challenging’ market conditions
The Works has fallen to a pre-tax loss of £7.8m in its half-year results, following a period of “persistently challenging” market conditions. In the half-year ended 29 October, the retailer reported a pre-IFRS 16 adjusted EBITDA loss of £8.5m, widening from a loss of £6.4m the prior year. However, it…
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16 JanuaryNews
THG sees Q4 revenue growth amid Holland & Barrett partnership
THG has reported a 1.1% revenue increase to £597m during Q4 2023, driven primarily by the beauty and ingenuity divisions. The group’s beauty business built on “positive” Q3 exit momentum, delivering Q4 revenue growth of 2.6%. Performance in the UK (over half of total Beauty revenue) was especially strong, delivering…
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15 JanuaryFeatures
Which supermarkets performed the best over Christmas?
According to data from Kantar, Britons made 488 million trips to the supermarkets over the Christmas period, marked out as the four weeks ended 24 December. That number is 12 million more than last year and the largest Christmas period since 2019. This was mildly surprising in a year that…
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15 JanuaryNews
Morrisons owner appoints ex-Tesco CEO Dave Lewis as operating advisor
Morrisons owner Clayton, Dubilier and Rice (CD&R) has today (15 January) announced the appointment of Sir Dave Lewis as an operating advisor to CD&R funds. Lewis will draw on his more than 30 years of leadership experience within the global consumer goods and retail sectors to support the firm in…
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12 JanuaryNews
Today’s news in brief-12/1/24
Authentic Brands Group has acquired Sperry, a renowned American heritage footwear brand known for its iconic boat shoes with a 90-year heritage. The Aldo Group joins as Sperry’s North American operating partner for wholesale, e-commerce, and store operations. Authentic Brands plans to use its global network and operating partners to…
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12 JanuaryPeople Moves
John Lewis appoints department store and operations directors
The John Lewis Partnership has announced the appointment of Peter Ruis as executive director of the retailer’s department stores and Naomi Simcock the new operations director. A former John Lewis director, Ruis will rejoin the executive team on 15 January, having more than 30 years of leadership experience at a…
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11 JanuaryNews
Today’s news in brief-11/1/24
Marks & Spencer emerged as the top-performing grocer in volume growth during the Christmas period and the quarter. Food sales rose by an impressive 10.5%, with like-for-like sales up 9.9%. Clothing and home sales also experienced growth of 4.8%, attributed partly to reduced promotions. Supply chain improvements contributed to better…
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11 JanuaryAnalysis
What went wrong with Wilko’s and who is next in 2024
As we begin the first quarter of 2024 much of the industry will be reflecting on the sector’s 2023 performance. For the majority, It was a tough year of trading. The question is what lessons have been learnt and how will the sector behave and perform this year. One of…
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11 JanuaryFeatures
Voluntary Carbon Market: an effective tool against retailers’ greenwashing claims?
Why is greenwashing a significant concern for retailers in the context of sustainability and climate change? Greenwashing is a particular concern for the retail sector as many companies are making great strides towards becoming more sustainable, but risk being disadvantaged if they have to compete against greenwashers. With global warming…
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11 JanuarySupermarkets
M&S ‘top performing’ grocer over Christmas period
M&S has revealed that it was the top performing grocer in volume growth terms over the Christmas period and the quarter, as food sales rose 10.5%, with like-for-like sales up 9.9%. According to the retailer, supply chain improvements helped to drive better availability year-on-year in its supermarkets. Clothing and home…
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