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 -3 NovemberClothing & Shoes
Next predicts sales slowdown as supply chain issues continue
Next has warned that it expects its sales growth to slow throughout the remainder of the year as pent‐up demand begins to diminish and supply chain problems continue to affect trade. Despite stock availability improving, the retailer said it still remains a “challenge”, with delays in the international supply chain…
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2 NovemberCoronavirus
SMEs to ‘keep calm and carry on’ despite rising costs, study finds
The majority of SMEs are “grateful” to be in business and generating revenue despite the increased costs, and are prepared to accept up to a 20% drop in revenue, according to a report by MarketFinance. It revealed four out of five (79%) SMEs have faced increased prices from suppliers over…
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1 NovemberSupermarkets
Morrisons commits to net zero carbon emissions by 2035
Morrisons has announced it has brought forward its commitment to be net zero carbon emissions from its own operations by 2035. This comes five years earlier than initially pledged and 15 years ahead of the UK government target. Morrisons has also announced its commitment to reducing its wider ‘Scope 3’…
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Oct- 2021 -29 OctoberElectrical
Amazon to spend ‘several billion’ to manage supply shortages
Amazon has warned that it expects to incur “several billion dollars” of additional costs in the upcoming months as supply chain issues hit an all time high. The company said the expenses will be used to manage through labor supply shortages, increased wage costs, global supply chain issues, and increased…
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28 OctoberDIY
Travis Perkins hikes profit guidance amid ‘robust’ trading
Travis Perkins has upgraded its expected profit for its full-year results following a period of “robust” trading in recent months. The group now expects to report a profit of “at least” £340m, including around £40m in property profits. It comes as the group welcomed positive trading momentum with a like-for-like…
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27 OctoberGovernment
Chancellor unveils 50% rates discount for Retail, Hospitality and Leisure
Chancellor Rishi Sunak has unveiled a 50% discount on business rates for the hospitality, retail and leisure sectors (up to £110,000), equating to a business tax cut worth £1.7bn, the biggest single-year rates cut for firms in over 30 years. Unveiling his latest Budget in the Commons today (27 October),…
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26 OctoberOnline & Digital
Studio secures supply chain ahead of peak trading
Studio Retail Group has announced that sales were slightly ahead of the “exceptional” sales recorded last year, and 38% higher than two years ago, for the half-year ended 24 September 2021. Despite the positive trading update, the online retailer noted that it has been affected by ongoing issues with global…
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25 OctoberSupply Chain
UK logistics space falls to ‘record low’, report finds
Logistics and industrial space across the UK has fallen to a “record low”, with demand rising amid the 16.1 sq ft already taken in Q3, according to new data from Cushman and Wakefield. It found that 48.9m sq ft was taken so far this year, with 2021 on track to…
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25 OctoberOnline & Digital
Very wins UN award for empowering women in Indian textile industry
The Very Group has won the community engagement and partnerships category at the India United Nations Women’s Empowerment Principles (WEP) Awards for its work in empowering young women in the country’s textile industry. The award recognises Very’s work to establish five resource centres in southern India, which has helped to…
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25 OctoberClothing & Shoes
Missguided seeks emergency funds amid supply chain crisis
Following the report from the Times, a spokesperson for Missguided told Retail Sector: “The weekend media reports regarding Missguided are not accurate – Rothschild continues to manage our investment process. “While we continue to talk to a range of parties as part of that process, this kind of incorrect speculation…
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