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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Feb- 2024 -13 FebruaryPeople Moves
Matalan appoints new CFO
Matalan has announced the appointment of Dave Williams to the initial role of chief financial officer designate, which will graduate to the full CFO role and a position on the retailer’s board. The announcement comes as the latest CFO Stephen Hill has decided to “step down and pursue his next…
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1 FebruaryNews
Today’s news in brief-1/2/24
Lloyds Pharmacy, now known as Diamond DCO Two Limited, entered voluntary liquidation, owing £293m to 514 creditors. The liquidation process will be handled by Martin Armstrong and Andrew Bailey of Turpin Barker Armstrong Accountants. The majority of the debt is owed to current and former owners, including Diamond DCO One,…
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1 FebruaryClothing & Shoes
Boohoo lenders reject £75m debt extension bid
Boohoo’s attempt to extend its repayment deadline on a £325m debt has been rejected by some of its lenders due to declining sales, according to the Telegraph. The online retailer told the Telegraph that it has managed to push the deadline on the £250m of the borrowing, which was supported…
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Jan- 2024 -26 JanuaryClothing & Shoes
M&S makes two new executive appointments
M&S has announced the appointment of Rachel Higham as its new chief digital and technology officer and Mark Lemming as managing director of international. Higham is currently chief information officer at WPP and will join the business later this year. Prior to joining WPP, Higham was managing director for IT…
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25 JanuaryNews
Co-op launches sustainability pilot for farmers
Co-op has announced a pilot scheme to financially reward farmers in its beef supply chain for sustainable farming practices. In partnership with its supplier Dunbia, the convenience retailer outlined plans to rapidly decarbonise its supply chain in a new ‘Beef Sustainability Pilot’, which will see farmers rewarded for reducing their…
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25 JanuaryOnline & Digital
JD.com partners with Evri on European brand expansion in China
Chinese marketplace JD.com has announced a partnership with Evri in its effort to offer European brands more access to its consumer base in China. In a statement, the marketplace expressed that the partnership will help establish comprehensive two-way logistics services spanning China and Europe. The services will include Evri’s local…
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24 JanuaryGovernment
BRC launches ‘Manifesto for Retail’ ahead of General Election
The British Retail Consortium (BRC) has announced the launch of its “Manifesto for Retail” ahead of the anticipated General Election this year. The organisation has laid out a vision with three main aims, a more coordinated approach to tax and regulation, jobs and Net Zero and the circular economy. On…
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24 JanuaryAdvice
A retailer’s guide to navigating economic downturns
1. Analyse and adjust inventory Start by analysing your inventory. Identify slow-moving or non-essential products and consider reducing their quantities. Focus on essential items that customers are likely to continue purchasing even during tough times. Be cautious about overstocking to avoid tying up capital in excess inventory. 2. Enhance cost…
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23 JanuaryAdvice
A guide to integrating blockchain technology in retail
1. Supply Chain Transparency and Traceability Blockchain’s ability to create an immutable ledger of transactions makes it ideal for tracking the movement of products through the supply chain. Retailers can use blockchain to record every step of a product’s journey, from manufacturing to delivery. This transparency helps verify the authenticity…
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19 JanuaryAnalysis
How the Red Sea crisis could impact UK retail
Earlier this month, Next experienced supply chain delays on the Red Sea, citing “difficulties with access to the Suez Canal”. The retailer, along with other big-brand names on the high street like Poundland, fear that it may be one of the main risk factors for the year ahead, alongside the…
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