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 -11 OctoberSupermarkets
New Asda owners considering £3bn George sale
The Issa brothers, the new owners of ‘Big Four’ grocer Asda, are reportedly considering a £3bn sale of its clothing arm George. According to the Mail on Sunday, industry sources have told the paper that the sale of George is one of several strategies being considered by the new owners…
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9 OctoberClothing & Shoes
Boohoo appoints responsible sourcing director
Boohoo has reportedly appointed a new responsible sourcing director as it aims to improve its practices following the independent review of its supply chain. According to Drapers, the retailer has appointed former Primark director Andrew Reaney to oversee its operations at its warehouses and throughout the rest of its supply…
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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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