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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Apr- 2022 -20 AprilNews
Missguided CEO steps down as advisory firm brought in
Missguided’s founder, Nitin Passi, is set to step down from his role as chief executive officer (CEO) after the womenswear retailer appointed Teneo, an advisory firm, to explore “strategic options” for its future. However, Passi will remain on Missguided’s holding company board to represent his family’s ongoing stake in the…
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14 AprilDIY
Dunelm Q3 sales surge 69% despite ‘significant’ headwinds
Dunelm Group plc has reported its total sales surged 69% to £399m for the 13-week period ended 26 March 2022 (Q3) compared to £236.6m in FY21 with growth across all channels. The group said its growth was achieved despite “significant” raw materials and freight cost increases, and ongoing supply chain…
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12 AprilClothing & Shoes
Asos swings to loss and predicts further £14m hit from Russia exit
Asos has revealed its pre-tax profits fell 115% year-on-year from £106.4m to a pre-tax loss of £15.8m in the six months to 28 February 2022 (H1 FY21). The company also said it is expected to take a further £14m hit following its decision to suspend sales in Russia, with revenue…
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12 AprilHigh Street
Retail sales slow as consumer confidence wanes
Total sales increased by 3.1% in March, dropping below the three-month average growth of 6.9% and the 12-month average growth of 10.3% as customer confidence waned amidst the cost of living crisis, according to the latest BRC-KPMG sales monitor. UK retail sales decreased 0.4% on a like-for-like basis from March…
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11 AprilClothing & Shoes
Weird Fish freezes prices amid soaring inflation
UK lifestyle clothing brand Weird Fish has announced it is freezing prices for its spring/summer trading period in response to the rising cost of living pressures. The announcement comes as non-food retail inflation tipped its highest rate since 2011 in March at 1.5%, with consumers seeing their fifth consecutive month…
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8 AprilNews
Co-op profits drop 57% amid food supply disruptions
The Co-op Group has reported its underlying profits dropped 57% year-on-year in FY21 from £235m to £100m, marking a loss of £32m amid reduced availability of certain products in the group’s food stores following the effect of Covid on global supply chains. Pre-tax profits also fell 55% from £127m in…
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1 AprilNews
The Sofa Workshop ceases trading
The Sofa Workshop has collapsed into administration and has appointed Toby Banfield, David Baxendale and Zelf Hussain of PwC as administrators. The company, a mid-market UK upholstery retailer, has 16 stores across the UK. Despite achieving “significant” revenues, these have been outweighed by trading losses, especially in light of Covid-related…
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Mar- 2022 -31 MarchNews
H&M sales slow as war in Ukraine starts to dampen outlook
H&M has announced the group’s net sales have slowed to 6% in March from 23% in the first quarter due to the Russian invasion of Ukraine, according to its first quarter results from 1 December 2021 – 28 February 2022. The group reported net sales in local currencies increased by…
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31 MarchComment
How to create the ‘Feel Good’ retail we all need right now
While the economy has fully opened up after the end of pandemic restrictions, we are faced with fresh challenges. Soaring inflation, ongoing supply chain disruption and the implications of a war in Europe loom large. Against this worrying backdrop many are looking for positive experiences to help us feel good…
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28 MarchComment
How reseller abuse negatively impacts retailers’ customer experience
Picture the scene: your favourite brand advertises a drop of limited-edition trainers that will hit their site at midnight. There’s huge hype around the launch and as a loyal customer you are ready and primed to place your order the second the product is released. But, when the moment arrives,…
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