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- 2020 -6 OctoberClothing & Shoes
Shadow Health secretary urges Boohoo investors to oust bosses
The shadow health minister has urged Boohoo’s largest investors to remove its current bosses following reports of unsafe working conditions at some of its warehouses. According to the Daily Mail, Liz Kendall has written a letter to Jupiter, Invesco and Baillie Gifford calling for them to remove chairman Mahmud Kamani…
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2 OctoberSupermarkets
Asda sold at £6.8bn to billionaire Issa brothers
Walmart has confirmed the Issa brothers and TDR Capital have taken equal shareholdings in an acquisition of Asda which values the supermarket at £6.8bn. The two groups have now acquired a majority stake in Walmart’s wholly-owned UK business on a debt-free and cash-free basis, and the transaction is expected to…
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2 OctoberClothing & Shoes
M&S launches third-party fashion brand partnership
Marks and Spencer has begun stocking independent fashion brands on its site, with debut partner Nobody’s Child launching yesterday (1 October). According to The Guardian, the decision, initially announced in May, seeks to “reinvigorate” the retailer’s “struggling clothes arm” by widening its customer appeal. Nobody’s Child markets itself as “eco-conscious…
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1 OctoberClothing & Shoes
H&M to close stores as online sales rise
H&M has announced that it is planning to close around 250 stores next year, as more of its customers shift to online sales. It comes as the group said that “rapid changes” in customer behaviour have been accelerated by the crisis. In light of this, the group will now “step…
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Sep- 2020 -30 SeptemberClothing & Shoes
Boohoo raises forecast as profits soar
Boohoo has reported that pre-tax profit soared by 51% to £68.1m in its latest half-year results. In addition, revenue soared by 45% to £816.5m in the six months ended 31 August 2020. Strong revenue growth was seen across all geographies and brands, with revenue up by 37% in the UK…
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25 SeptemberClothing & Shoes
Independent review ‘identifies many failings’ in Boohoo supply chain
Boohoo has published the results and response to the independent review of its UK supply chain. Alison Levitt QC was appointed to conduct the review, with a purpose to “consider boohoo’s obligations and duties of care in relation to the workforce in its Leicester supply chain”. The retailer first announced…
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21 SeptemberSponsored Articles
Is COVID-19 making retailers adopt packaging automation faster?
If you’re an online retailer you are likely to have witnessed a peak in sales during the lockdown as more consumers switch to e-commerce. According to the latest Online Retail Index from IMRG and Capgemini, the overall retail sales in June surged an impressive 33.9% year-on-year. Sounds great, but the…
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3 SeptemberCoronavirus
Shop prices fall in August
Shop Prices fell by 1.6% in August compared to a decrease of 1.3% in July, according to new data from the British Retail Consortium (BRC). This is below the 12 and six-month average price decreases of 1.0% and 1.5%, respectively. Non-food prices also fell by 3.4% during the month, compared…
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Jul- 2020 -31 JulyTips
What to know about business interruption insurance claim
With the current healthcare pandemic affecting all retail businesses across the UK, it’s clear that times like these are especially challenging for those looking to bounce back. As footfall rates continue to drop and hit all-time-lows, most businesses are now amid a critical period outlined with more challenges. Despite the…
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20 JulyClothing & Shoes
UK retailers call for ‘urgent action’ to end labour exploitation
A number of fashion retailers including Asos, Missguided, River Island and M&S have called on the Home Secretary, Priti Patel, to take “urgent action” to address exploitation in the UK’s fashion supply chain. Retailers including George at Asda, Joules, Matalan, Morrisons, Mountain Warehouse, N Brown, Next and The Very Group,…
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