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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Sep- 2021 -30 SeptemberClothing & Shoes
M&S resets its sustainability programme
Marks and Spencer has reset its Plan A sustainability programme, with the company now focusing on “becoming a net zero Scope 3 business across its entire supply chain and products by 2040”. The retailer has set out a roadmap to net zero using “science-based targets aligned to the UN ambition…
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29 SeptemberEconomy
Lego operating profit soars 104%
Lego has revealed an operating profit for the first half of the year of DKK 8bn (£929m), an increase of 104% compared to H1 2020. Revenue for the period grew 46% to DKK 23bn (£2.7bn) compared with the same period in 2020, while consumer sales grew 36%, outpacing the toy…
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29 SeptemberDepartment Stores
Next raises guidance but warns of staff shortages
Next has raised its full-year guidance following a strong performance in its half-year results, and now expects its profit-before-tax to be £800m, up 6.9% against 2019, £36m ahead of its previous guidance of £764m. The group also anticipates its full price sales guidance for the rest of the year to…
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24 SeptemberClothing & Shoes
G-III Apparel Group to acquire luxury fashion brand Sonia Rykiel
The G-III Apparel Group has announced it has agreed a deal to acquire the European luxury fashion brand Sonia Rykel. The group, which features a portfolio of more than 30 licensed and proprietary brands including DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger and Karl Lagerfeld Paris, said it plans to…
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24 SeptemberEconomy
Consumer confidence falls amid ongoing supply chain issues
UK consumer confidence has fallen back five points in September, largely attributed to both shop supply shortages and rising prices, according to new research by GfK. GfK’s Consumer Confidence Index decreased by five points to 13 in September, with all measures down in comparison to August’s announcement. The data showed…
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24 SeptemberClothing & Shoes
In the Style warns of profit hit despite trading boost
In the Style has warned that ongoing supply chain issues could impact its profitability in the near-to-medium-term thanks to ongoing supply chain disruptions, despite having seen a trading boost in recent months. The fashion retailer said it has “not been immune” to the impact of the ongoing freight and supply…
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23 SeptemberHigh Street
Eve Sleep on course to meet expectations as rebuild strategy takes hold
Bed and mattress retailer Eve Sleep has revealed it is on course to meet its financial expectations for the year as its three-year rebuilding strategy starts to take hold. The retailer revealed that for the first six months of the year ending 30 June, it saw revenues increase 13% to…
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23 SeptemberSupermarkets
Supermarkets warn of panic-buying amid ongoing labour crisis
Leading UK supermarkets are reportedly concerned about a surge in panic-buying during the run-up to Christmas, as supermarkets continue to face an “array” of pressures including the ongoing HGV driver shortage. The boss of Iceland has today warned customers against panic-buying over the period, as managing director Richard Walker told…
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21 SeptemberFeatures
September’s retail results: The winners and losers
Retail can be argued as the industry that has shifted the most as a direct result of the global pandemic, and continues to change as we enter a post-pandemic period. The rise of e-commerce has been accompanied by high profile high street closures, supermarkets have become the centre of private…
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17 SeptemberSupermarkets
Marks and Spencer to close 11 French stores
Marks and Spencer (M&S) has announced the closure of all 11 franchise stores with partner SFH in France over the coming months, which it has attributed to the impact of Brexit on its supply of fresh and chilled food. However, M&S added that the nine franchise stores with partner Lagardere…
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