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- 2022 -5 MayEconomy
Consumers must brace for further price rises, BRC warns
The British Retail Consortium has warned that consumers can expect further rising prices as inflation continues to accelerate in the UK. It found that Shop Price annual inflation accelerated to 2.7% in April, up from 2.1% in March, which was above the 12- and six-month average price increases of 0.4%…
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4 MayClothing & Shoes
Boohoo profits sink 94% to £7.8m
Boohoo has announced its profit before tax sunk 94% to £7.8m in 2022, compared to £124.7m in 2021, according to its final results for the year ended 28 February 2022. The group said this is due to “lower growth” than anticipated and a “significant” increase in logistics costs. The group…
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3 MayFeatures
Missguided: what went wrong?
As the face of online shopping for young women around the world, Missguided has faced its fair share of troubles despite its ever-present popularity within the fast fashion industry. Now the company is eyeing potential buyers, it puts into question the future of the business. Since its launch in March…
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3 MayNews
Missguided gains interest from Asos, Shein, JD Sports and Frasers Group
Online womenswear retailer Missguided is reportedly attracting interest from Asos, Shein, JD Sports, the Frasers Group and the Issa brothers (the owners of Asda), all of whom are said to be in talks to buy the company. According to Drapers, private equity giants are also circling and sales documents are…
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Apr- 2022 -29 AprilNews
AO revenues fall as supply chain issues take hold
Online electrical goods retailer AO has revealed its estimated group revenues for the full year to 31 March 2022 are expected to be £1.5bn. On a year-on-year basis, the group’s revenues declined 6% against the strong prior year comparatives resulting from the robust growth in online purchasing during the Covid-related…
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29 AprilNews
Amazon shares tumble amid first loss since 2015
Amazon shares have taken a 10% hit after reporting a net loss of $3.8bn (£3.02bn) in the first quarter ended 31 March 2022 (Q1), due to inflationary and supply chain pressures, marking its first loss since 2015. The net loss includes a pre-tax valuation loss of $7.6bn (£6.05bn), and Amazon’s…
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28 AprilNews
Sainsbury’s warns profits to be hit by ‘external pressures’
Sainsbury’s has warned that it expects lower profits for the coming year due to “external pressures” and “uncertainties” affecting consumers’ disposable incomes. According to its preliminary results for the 52 weeks to 5 March 2022, the retailer said it expects 2022/23 underlying profit before tax of between £630m and £690m,…
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26 AprilElectrical
Apple expands recycled materials used across products by 20%
Apple has revealed it has increased the use of recycled materials across its products, with nearly 20% of all materials used in Apple products in 2021 having been recycled. The company introduced certified recycled gold for the first time, and more than doubled the use of recycled tungsten, rare earth…
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25 AprilNews
McColl’s sees softer trading period amid cost-of-living crisis
McColl’s has experienced “softer trading” through the Easter period, impacted by reduced consumer spending and continued supply chain disruption across the industry. The board said it now expects adjusted EBITDA for the current financial year (FY22) to be “no higher” than the level achieved in FY21 (£20m on a pre…
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21 AprilOnline & Digital
THG rebuffs ‘unacceptable’ takeover proposals as revenues hit £2.2bn
The Hut Group (THG) has recorded “record” revenue growth of 38.1% year-on-year from £1.6bn to £2.2bn in the full year ended 31 December 2021 (FY21), driven by organic growth in all divisions and supplemented by the contribution from acquired businesses. According to its latest trading update, The Hut Group has…
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