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.
-
Jun- 2023 -29 JuneSupermarkets
John Lewis becomes first retailer to set net-zero targets
The John Lewis Partnership has become the first retailer in the UK to have its “science-based” net-zero targets validated by the The Science Based Targets initiative. The SBTi, the gold standard for setting and monitoring corporate climate targets, has validated the partnership’s target to become net-zero across its own operations…
Read More » -
28 JuneHigh Street
ProCook revenues fall 9.9% in FY23
Kitchenware brand ProCook has revealed that total revenues fell by 9.9% to £62.3m in the year ended 2 April, with like-for-like revenues declining by 10.7% year-on-year following outperformance by the group last year. The group attributed its performance to gross profit margins being held back by higher supply chain costs…
Read More » -
28 JuneNews
UK retail rewards programmes influence £74.9 billion in consumer spending
As the cost of living crisis continues to bite, a new report by shopping rewards experts Webloyalty and economists Cebr has revealed the pressures both retailers and consumers face in 2023. With retailers tackling weaker margins and cost pressures and price conscious shoppers shifting their shopping habits as saving money…
Read More » -
28 JuneClothing & Shoes
Boohoo presses suppliers for discount on current orders
Boohoo has reportedly “demanded” a 10% discount on current orders from some suppliers for the second time, as it looks to cut costs across its supply chain, Drapers has reported. Drapers said it understood the products involved are either in production or have been shipped. According to an email sent…
Read More » -
28 JuneClothing & Shoes
Mulberry profits fall to £13.2m in FY23
Mulberry has reported that pre-tax profits fell from £21.3m to £13.2m in the year ended 1 April 2023, despite reporting that revenues rose by 4% to £159.1m over the same period. Its UK retail sales saw a slight decline from £88.5m to £87.7m however, as the first half of the…
Read More » -
27 JuneEconomy
Shop price inflation falls to 8.4% in June
Shop price inflation in the UK has fallen to 8.4% in June, down from 9% in May, according to new data from the British Retail Consortium. The inflation figure for June is also below the three month rolling average of 8.7%. The fall in inflation was led by a decrease…
Read More » -
27 JuneSport & Leisure
JD Sports on track to hit £1bn in profits this year
JD Sports has revealed that the headline profit before tax and adjusted items for the year ending 3 February 2024 will be in line with the group’s expected £1.04bn. The board said it also expects that the phasing of the profit in the current year will reflect a “normalised” trading…
Read More » -
26 JunePeople Moves
Frasers Group appoints Mike Ashley as consultant
Frasers Group has appointed founder Mike Ashley as a consultant to the group, as the retailer intends to acquire other companies amid an acquisition spree, The Sunday Times has reported. Frasers currently operates its own shopping centres in Luton and Dundee, with an aim to acquire more outlet centres in…
Read More » -
22 JuneEconomy
BoE raises interest rate to 15-year high
The Bank of England (BoE) has raised interest rates for the 13th consecutive time to 5%, the highest level in 15 years, after it was revealed that inflation remained at 8.7% in May. The BoE’s Monetary Policy Committee (MPC) voted by a majority of 7-2 to increase the rate by…
Read More » -
22 JuneNews
Matalan makes two senior executive appointments
Matalan has announced the appointment of Phil Hackney as chief supply chain operations officer and Katherine Davis as chief retail officer. These new senior executives will report directly into Jo Whitfield as CEO. The roles have been created to support Matalan’s transformation, unlocking improvements to the customer journey as the…
Read More »
