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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Jun- 2023 -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…
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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…
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19 JuneDIY
B&Q to cut energy costs by dimming lights in stores
B&Q is reportedly set to dim lights and lower temperatures in stores in order to cut energy costs and avoid price rises, according to The Telegraph. The outlet reported that parent company, Kingfisher, has lowered the temperature in stores by 1-2 degrees alongside shortening the hours its heating is in…
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16 JuneNews
Kingfisher joins EDRA/GHIN task force to lower Scope 3 emissions
Kingfisher has teamed up with other home improvement companies in an effort to aid the industry in lowering its Scope 3 greenhouse gas emissions. The news comes after EDRA/GHIN, the global trade bodies for home improvement retailers, launched a new collaborative taskforce to reduce the sector’s emissions that come from…
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14 JunePeople Moves
Just Hype strengthens management team
Leicester-based Just Hype, a global fashion and accessories brand, has announced the appointment of two new executives to further strengthen its management team. Dave Leigh has been appointed as the new Commercial director, while Melissa Wright has been appointed as the new head of Buying. Leigh brings a wealth of…
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13 JuneNews
Trust in supermarkets falls to nine-year low, Which? finds
Trust in the food industry has dropped to a nine-year low, Which? research finds, as two-thirds of consumers say they feel supermarkets are ripping people off in expensive convenience stores that fail to stock budget range foods. Which?’s monthly consumer insight tracker found that trust in the groceries industry dropped…
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12 JuneNews
UK economy set to grow amid increased investment, says CBI
The economy looks to have fared better than expected in the first half of 2023, and is set to steer clear of a recession, according to the CBI’s latest Economic Forecast. The CBI has forecasted 0.4% growth in GDP over 2023, picking up to 1.8% in 2024, upgraded from -0.4%…
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8 JuneNews
Tesco and Morrisons ban Chinese state-owned CCTV cameras
Tesco and Morrisons have recently stopped purchasing Chinese-made CCTV cameras amid privacy and human rights concerns, The Telegraph has reported. Morrisons is the latest grocer to remove the equipment supplied by Hikvision and Dahua over their alleged involvement in the persecution of the Uyghur Muslim minority in North-West China. The…
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6 JuneFeatures
5 ways retailers can balance personalisation with transparency
The world of retail has undergone a seismic shift in recent years, and the impact is being felt across the industry. For decades, the biggest advertising budget guaranteed the greatest reach, but those days are long gone. The rise of social media has given small indie brands a platform to…
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6 JuneClothing & Shoes
Pepco profits dip despite revenue surge
Pepco has reported a 6% decrease in profit before tax from €144m (£124m) down to €134m (£115m) during the six months ended 31 March 2023. Despite this the company saw a 22% increase in its revenue from €2.4bn (£2.07bn) to €2.8bn (£2.41bn) on a constant currency basis. The retailer put…
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