Sustainability
This coverage examines sustainability initiatives and challenges within the UK retail sector. Reporting highlights environmental strategies, supply chain improvements, energy efficiency, packaging innovation, and leadership commitments aimed at reducing impact and meeting regulatory expectations. Tailored for executives and managers, it provides insights to support sustainable decision-making and long-term planning.
-
Apr- 2024 -8 AprilNews
Today’s news in brief-8/4/24
The John Lewis Partnership has chosen Jason Tarry, former UK boss of Tesco, as its new chairman. Tarry, with over three decades of experience in retail, will succeed Sharon White in September. White led the company through challenging times, including the COVID-19 pandemic and economic crises. Tarry’s leadership is expected…
Read More » -
8 AprilClothing & Shoes
The Highlands Stores and PPL launches Out With Style
The Highlands and Pace Partnership London (PPL) has launched Out With Style, a new retail concept dedicated to the outdoors. Out With Style’s launch comes from The Highlands Stores, the owners of the flagship Barbour partner stores on Regents Street and Duke Street, with the help from the Pace Partnership…
Read More » -
8 AprilClothing & Shoes
BRC boss warns greenwashing crackdown will discourage retailers
The CEO of the British Retail Consortium, Helen Dickinson, has warned that the CMA’s crackdown on greenwashing risks retailers scaling back their sustainability efforts. Dickinson’s comments to The Times follows the CMA’s announcement that it had secured “landmark changes” after the authority investigated the eco-friendly claims made by Asos, Boohoo…
Read More » -
8 AprilAdvice
Navigating the Gen Z Shift in Retail
The retail sector has been hit by a shortage of talent and declining employee motivation over the last few years, but change is coming. By the year 2025, Gen Z will account for 27% of all employees and with that comes a different outlook. This generational shift presents both a…
Read More » -
5 AprilNews
Today’s news in brief-5/4/24
Carpetright has enlisted the help of advisers to explore avenues for cutting costs amidst a challenging market. With weakening demand and intensifying competition, including from newer brands like Tapi, the company is considering options such as store closures. Over the past 14 months, Carpetright reported a decline in revenues to…
Read More » -
5 AprilClothing & Shoes
Logie Timber opens retail outlet near Forres
Scottish sawmill Logie Timber has opened a new retail outlet – Logie Timber Supplies – for woodwork and outdoor living at Logie Steading near Forres. Joining other independent retailers, the shop stocks a wide selection of clothing, outdoor equipment, gadgets and gifts. Alongside professional-grade tools and workwear, Logie Timber Supplies…
Read More » -
5 AprilNews
Decathlon revenues reach €15.6bn in 2023
Decathlon reported a 1.1% revenue increase to €15.6bn (£13.3bn) for the financial year 2023. Digital sales accounted for 17.4% of the group’s revenue, while the group’s net result reached €931m (£798m). For the second year in a row the retailer decreased its absolute CO2 emissions by -10%, compared to -2%…
Read More » -
4 AprilFeatures
What disadvantages does ‘shrinkflation’ bring for retailers?
In the world of consumer goods, the term ‘shrinkflation’ is rapidly becoming popular, and while it has been traditionally associated with consumers, the phenomenon is also starting to apply to retailers, prompting them to reconsider their strategies and prepare for the emerging challenges in the market ahead. Gaining popularity around…
Read More » -
Mar- 2024 -27 MarchNews
Today’s news in brief-27/3/24
Fashion giants ASOS, Boohoo, and George at Asda have pledged to overhaul their green marketing tactics following a Competition and Markets Authority (CMA) investigation. The CMA’s scrutiny was prompted by concerns of greenwashing in the fashion industry. The firms will now ensure that their green claims are clear, specific, and…
Read More » -
27 MarchClothing & Shoes
H&M H1 profits beat expectations despite sales dip
H&M has revealed that its operating profit increased to SEK2.077bn (£155m), up from SEK725m (£54m) despite net sales decreasing to SEK53.6bn (£376m) during the first quarter of the year ended on 29 February 2024. The group has said that sales from 1-25 March increased by 2% in local currencies compared…
Read More »
