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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Oct- 2021 -11 OctoberClothing & Shoes
Asos CEO steps down amid profit warning
Asos has announced that Nick Beighton will step down as CEO of the business after 12 years, as the group warned that ongoing supply chain issues may hit its profit in FY22. In a series of changes to the board, Mat Dunn, currently CFO, will take on the additional role…
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11 OctoberCoronavirus
Consumer confidence hits lowest level this year
Consumer confidence has returned to pre-pandemic levels, but still hit its lowest point in 2021 following “record” highs earlier this year, according to PwC’s latest consumer confidence index. While inflation, ongoing concern over supply chains and empty shelves caused a slight decline in optimism, consumer confidence was +3 on the…
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8 OctoberDepartment Stores
John Lewis Partnership to open LGV Driver Academy
The John Lewis Partnership is set to open an LGV Driver Academy next month, in a bid to train drivers in 13 weeks to sit the DVLA LGV theory and practical safety tests and tackle the current drivers shortage. It has pledged to train up to 90 people per year…
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8 OctoberSupermarkets
Asda launches incubator programme for new brands
Asda has announced it will launch an incubator programme to “support emerging and entrepreneurial brands in bringing products into its stores”. The ‘Nurture’ programme will give suppliers easier access to shelf space, and the opportunity for Asda to sell new products. Suppliers selected to join the programme will also have…
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7 OctoberHigh Street
‘Strong return’ to pre-pandemic shopping patterns, report finds
There has been a “strong return” to pre-pandemic shopping patterns, according to new data released by Airtime. The group assessed shopping patterns and retailer responses across 100 household brands, both on and offline, amongst its 1.5 million members during September 2021. Three in five consumers were reported to be shopping…
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7 OctoberDIY
Victorian Plumbing FY21 sales rise 29%
Victorian Plumbing Group has reported revenue growth of 29% for the full-year ending 30 September 2021. The online retailer said the growth reflected “strong” trading in the first three quarters of the year and more “subdued” market conditions as lockdown restrictions were eased, before customer demand improved in September. During…
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6 OctoberSupermarkets
Tesco profits double in H1 amid ‘resilient’ performance
Tesco has revealed that pre-tax profits rocketed 107% to £1.14bn for the six-months ending 28 August 2021, despite supply chain issues affecting much of the grocery sector. Revenue also grew by 5.9% to £30.4bn, largely boosted by a “significant” recovery in travel driven by the easing of government restrictions earlier…
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5 OctoberHigh Street
Greggs lifts guidance despite supply chain disruptions
Greggs has welcomed a resilient performance in its third quarter of trading, with like-for-like sales up by 3.5% against 2019, despite ongoing supply chain issues and staff shortages. Growth was particularly strong in August when the ‘staycation’ effect was evident, and remained in positive territory in September, with two-year like-for-like…
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1 OctoberElectrical
AO World hit by ‘challenging’ supply chain issues in H1
AO World has warned that growth in the first half of 2021 has been impacted by the ongoing shortage of delivery drivers and supply chain issues affecting markets across the globe. The online electrical retailer reported a revenue growth of just 5% for the six months ended 30 September 2021,…
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Sep- 2021 -30 SeptemberClothing & Shoes
Boohoo profits dented in H1 despite ‘record’ sales
Boohoo has welcomed “record” first-half sales of £976m in the six months ending 31 August 2021. Despite this, profitability was slightly dented with adjusted EBITDA down by 5% to £85.1m. The group claimed that profitability was impacted by a number of “cost headwinds” driven by short-term factors largely relating to…
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