Sustainability

Ikea UK turnover hits £2.5bn as profits double in FY23

Ikea UK has seen turnover hit £2.46bn in FY23, with total sales up by 11.9%, as operating profits almost doubled…

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Today’s news in brief-31/1/24

The Body Shop is set to sell parts of its business in Europe and Asia. The deal involves an agreement…

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It’s not all just fun and games

The UK toy industry reported that its annual sales dropped by nearly £200m in 2023. Sales dropped by 5% to…

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M&S introduces recyclable paper packaging across Cafés

Marks and Spencer has introduced new recyclable paper packaging across its range of sandwiches and toasties that are available in…

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H&M announces new CEO as Q4 sales dip

H&M has today (31 January) announced the appointment of its new CEO, Daniel Ervér, as the group struggled to maintain…

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Co-op launches sustainability pilot for farmers

Co-op has announced a pilot scheme to financially reward farmers in its beef supply chain for sustainable farming practices. In…

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A retailer’s guide to navigating economic downturns

1. Analyse and adjust inventory Start by analysing your inventory. Identify slow-moving or non-essential products and consider reducing their quantities.…

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Sustainable packaging and e-commerce: what more can be done?

The Thanksgiving weekend of 2023, including Cyber Monday, saw $38 billion in online sales in the US, while e-commerce in…

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Today’s news in brief- 22/1/24

John Lewis, as part of its turnaround strategy, has reportedly alerted employees to the possibility of smaller pay rises. The…

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Retailer’s guide to post-purchase customer engagement

Thank You Goes a Long Way The first step in post-purchase engagement is simple but often overlooked – say thank…

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