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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Nov- 2021 -12 NovemberHigh Street
The Works sales remain strong despite supply chain woes
The Works has remained optimistic about its full-year results despite warning of ongoing supply chain issues and higher costs in the run-up to Christmas. It comes as the group welcomed stronger than expected trading in the first half of the year, reporting a two-year LFL sales increase of 14.5% and…
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11 NovemberEconomy
UK recovery slows to 1.3% in Q3
UK economic growth slowed to 1.3% in Q3, down from 5.5% in the second quarter of the year. According to the latest figures from the Office of National Statistics (ONS), the level of quarterly GDP is now 2.1% below where it was before the coronavirus pandemic at Quarter 4 (Oct…
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10 NovemberSport & Leisure
Halfords raises FY22 guidance amid sales surge
Halfords has lifted its guidance for FY22 following what was a “strong” first-half performance, which saw a total growth of 19.2% against the same period in FY20. The motor and cycling giant now expects its full-year profit-before-tax to be in the range of £80m to £90m, up from a previous…
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10 NovemberSupermarkets
M&S returns to profitability in H1
M&S has announced it has returned to profitability for the first half of the year ending 2 October 2021. During the period, the group saw pre-tax profits rise to £187.3m compared with losses of £87.6m the previous year. Statutory revenues also increased to £5.1bn from £4.09bn in 2020 and were…
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9 NovemberClothing & Shoes
Primark plans global expansion despite sales slump
Primark has seen like-for-like sales fall by 12% in its latest full-year results, as ongoing store closures and trading restrictions “inevitably” led to a “significant” loss of sales and profit in the period. While its parent group, Associated British Foods (ABF), said there was “no doubt” that Primark was “seen…
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9 NovemberHigh Street
October consumer spending up 14.2%, Barclaycard reveals
Consumer card spending grew by 14.2% in October, compared with the same period in 2019, according to the latest data by Barclaycard. The growth was boosted by spending on non-essential items which rose by 14.6%, including a 127.1% jump in online takeaway spend, as the colder weather led more Brits…
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5 NovemberSupermarkets
Tesco wins Terra Carta Seal award
Tesco has announced it has been recognised by HRH The Prince of Wales for “leading the retail industry in transitioning towards a net zero future” by winning the Terra Carta Seal award. The award, launched this year, is given to companies which are “driving innovation and taking action to create…
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4 NovemberClothing & Shoes
Superdry welcomes strong Autumn trading
Superdry has welcomed an “encouraging” start to its Autumn trading season, with revenue up by 8.8% against last year in the eight weeks to 23 October, and by 17.2% against the same period in FY20. While the group welcomed an improvement in its retail channel performance across the eight-week period,…
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4 NovemberSupermarkets
Sainsbury’s returns to profitability in H1
Sainsbury’s has revealed it has returned to profitability in the 28 weeks to 18 September 2021. During the period, the group generated pre-tax profits of £541m compared with a previous year’s loss of £137m which the group attributed to “significantly lower” restructuring and impairment costs. Group revenue rose to £15.7bn…
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4 NovemberClothing & Shoes
JD expresses frustration over CMA’s ruling to sell Footasylum
JD Sports Fashion Plc has expressed its frustration after the announcement earlier today from the Competition and Markets Authority (CMA) that it must sell Footasylum Limited. It claimed this is “the first time ever” that the CMA (including its predecessors) has decided to block or remedy a deal between competitors…
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