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.
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May- 2024 -22 MayClothing & Shoes
Mango opens new store in Angel Central
Fashion brand Mango has announced the opening of a new location at Angel Central, the retail and leisure destination located in the heart of Islington, as the brand continues to roll out its ambitious expansion plans. The leading retailer has opened a 3,200 sq ft unit on Angel Central’s ground…
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22 MaySupermarkets
Co-op unveils ‘ambitious’ sustainability targets
The Co-operative has unveiled new and “ambitious” sustainability targets, which includes reducing carbon emissions across the supply chain. This comes as Co-op has already hit its original greenhouse gas target early, ahead of its official 2025 goal. These new sustainability targets, which are aligned to the retailer’s credit facilities, aim…
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20 MayFeatures
How to revive a struggling business
In recent months and years the retail sector in the UK has faced significant challenges. Amid economic uncertainties, shifting consumer behaviours, and the growing dominance of e-commerce, many brick-and-mortar stores are struggling to stay afloat. Here are a number of steps you can take to help keep your business afloat…
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17 MayNews
Today’s news in brief-17/5/24
Asos is set to enter the Indian market through a new long-term partnership with Reliance Retail, marking Asos’ first country-wide exclusive retail partnership. Reliance Retail will manage the exclusive retail presence of Asos’s brands both online and offline across India, utilising various retail formats including exclusive brand stores and digital…
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17 MayNews
Ocado’s net-zero targets validated by Science Based Targets Initiative
Ocado, the world’s largest dedicated online supermarket, operated by Ocado Retail, is amongst the first grocery retailers to have SBTi-validated targets including those originating from forests, land and agriculture (FLAG). The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line…
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15 MayClothing & Shoes
Burberry profits plummet 40% amid luxury spending slowdown
Burberry has seen its pre-tax profits nosedive 40% to £383m in its full-year results, down from £634m the prior year, as the high-end retailer was hit by a slowdown in luxury spending. It comes as sales tumbled by 4% to £2.97bn in the year ended 30 March, with its full-year results…
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Apr- 2024 -24 AprilSupermarkets
M&S to trial free postal donation service for pre-loved clothing
M&S will be trialling a new postal donation service in partnership with Oxfam, and will be accepting unwearable and wearable clothing donations. The trial comes as UK homes reportedly contain an estimated 1.6 billion items of unworn clothing which have the potential to be used, reused or recycled. According to…
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23 AprilNews
M&S trials postal donations bags with Oxfam
M&S is asking the public for the first time to donate their “unwearable” clothing, alongside their wearable clothing, through the trial of a free postal donation service, in partnership with Oxfam. It is estimated that UK homes contain 1.6 billion items of unworn clothing which have the potential to be…
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15 AprilFeatures
Practical ways grocery stores can reduce food waste
Inefficient supply chains often leave grocery retailers to deal with large amounts of food waste. Other factors such as the economic pressure of unsold products, the environmental impact of wasted resources, and the ethical questions arising from discarding edible food, have increasingly thrown the spotlight on grocery retailers to improve…
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15 AprilFeatures
Navigating the tax system: a guide for retailers
Taxes are an inevitable aspect of running a retail business in the UK, shaping financial decisions and operational strategies. Business tax rates, including corporation tax, VAT, and business rates significantly impact the profitability and sustainability of retail businesses. Understanding the nuances of business tax rates is essential for retailers to…
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