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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Mar- 2022 -14 MarchAdvice
Technology is retail’s best bet to go greener in 2022
The CMA’s Green Claims Code is now in full operation, with the sole objective of clamping down on empty ethical pledges. And to be fair, retail is rolling up its sleeves, disrupting supply chains, store layouts and materials, and even revamping consumer messaging to make a difference. But of course,…
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10 MarchOnline & Digital
February shows signs of return to normal online spending patterns
Despite February’s year-on-year (YoY) online retail growth dropping even lower than the previous month’s record, there were signs of a return to normal spending patterns within the broader set of results, according to the IMRG Capgemini Online Retail Index. While February’s dip to -27% means it replaces January 2022 (-24.4%)…
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10 MarchOnline & Digital
Boohoo eyes FY22 profits of £125m as sales surge 14%
Boohoo group plc has revealed it expects adjusted EBITDA for the 12 months ending 28 February 2022 (FY22) to reach approximately £125m, subject to audit, which is in line with prior guidance issued in December and market expectations. The announcement comes as Boohoo reported sales growth of 14% in FY22,…
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9 MarchComment
How experiential CX is revitalising in-store retail
The rise of online retail, advances in technology and changes in consumer behaviour have transformed the retail landscape. While this has brought inevitable extinction for many brands, in typical Darwinian fashion, those able to adapt to their new environment continue to thrive. Liz Ward, Head of Sales and Marketing at…
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9 MarchOnline & Digital
Jane.COM names new CEO
Jane.Com, the curated online retail marketplace, has announced the appointment of Joana McKenna as the company’s new CEO. McKenna brings over 20 years of experience building global brands, and has held leadership roles in sales, general management, product management, marketing, supply chain and operations at Walmart eCommerce, Johnson and Johnson…
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9 MarchClothing & Shoes
Adidas expects €250m sales hit amid Russia conflict
Adidas has reported its expects the war in Ukraine to risk up to €250m (£208.37m) sales in the company’s Russia/CIS business in FY22, representing approximately 50% of adidas’ total revenues in the region. The announcement comes as Adidas revealed its currency-neutral revenues increased year-on-year by 16% in FY21 from €18.43bn…
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4 MarchDIY
IKEA pauses operations in Russia and Belarus
Ikea has announced its company groups, Inter Ikea Group and Ingka Group, have decided to temporarily pause Ikea operations in Russia. This means that Inter Ikea Group will pause all export and import in and out of Russia and Belarus, and Ikea Industry production operations will be paused in Russia,…
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3 MarchClothing & Shoes
Victoria’s Secret lowers FY22 forecast despite 25% sales surge
Victoria’s Secret and Co. has lowered its Q1 FY22 operating income forecast to be in the range of $80m (£59.78m) to $110m (£82.19m), compared to $225.7m (£168.65m) in 2021, amid supply chain cost pressures and anniversarying last year’s federal stimulus benefits. Overall, its operating income increased to $869.5m (£649.73m) in…
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2 MarchEconomy
Retail is the UK’s fastest growing sector, Companies House data reveals
A total of 119,948 new retail businesses were founded in 2021, with 46,972 of the businesses comprising online e-commerce start-ups and 7,965 new clothes shops, overtaking any other industry. According to research by Yell Business, 16% of all new businesses founded last year were in retail, making it the fastest…
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Feb- 2022 -28 FebruaryClothing & Shoes
Primark H1 sales surge 60%
Associated British Foods (ABF) said it expects sales and adjusted operating profit to be ahead of the pre-Covid levels that were achieved in H1 of FY20 for the 24 weeks to 5 March 2022, driven by an expected 60% increase in sales at Primark. Like-for-like sales improved compared to Q4…
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