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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Nov- 2023 -16 NovemberHigh Street
Mars acquires Hotel Chocolat for £534m
Mars has agreed to a takeover of Hotel Chocolat in a deal which values the business at £534m. The cash offer from Mars represented a 168% premium on its share price which closed at 139p on Wednesday (15 November). The directors of Hotel Chocolat stated that they believed the terms…
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15 NovemberNews
Today’s news in brief-15/11/23
Central Group, a Thai conglomerate and co-owner of Selfridges, has reportedly become the largest shareholder by converting a €364m loan into equity. This move follows reports of financial troubles at Signa Group, the other key shareholder. Restructuring efforts were initiated due to rising borrowing costs and falling property valuations. Selfridges,…
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6 NovemberNews
UK retailers join forces to sign Wrap’s Textiles 2030 initiative
More than 30 retailers have signed up to Wrap’s Textiles 2030 initiative to reduce the carbon impact of the textiles they produce. Textiles 2030 was launched last year by climate action NGO Wrap, which stands for Waste & Resources Action Programme, in an effort to accelerate the UK fashion industry…
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1 NovemberAdvice
A guide to augmented reality fitting rooms
Enhance customer engagement Offer customers the ability to virtually try on clothing and accessories, allowing them to see how products look and fit in real-time. It would also be helpful to use AR to suggest complementary items, styles, or accessories based on the customer’s chosen outfit, enhancing their shopping experience.…
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Oct- 2023 -27 OctoberAdvice
A practical guide to retail packaging
Understand your brand and target audience Before designing your retail packaging, understand your brand identity and the preferences of your target audience. The packaging should reflect your brand’s values and resonate with your customers. Choose sustainable materials Opt for eco-friendly materials for your packaging, such as recycled paper, biodegradable plastics, or…
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26 OctoberNews
Today’s news in brief-26/10/23
Majestic Wines has marked a significant milestone by opening two new stores in one week, a feat not accomplished in a decade. The first store, located in Chippenham, was reopened four years after its closure by previous management. The second, the largest in Wales, is the second-largest in the company’s…
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26 OctoberNews
Inditex signs €70m three-year recycled polyester agreement
Zara owner Inditex has formed a strategic partnership with Ambercycle, a Los Angeles based material science company, to help scale textile to textile recycled polyester. As part of this collaboration, the company has signed a three-year agreement to buy a significant portion of the annual production of Cycora – an…
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24 OctoberAdvice
How to sustainably source in retail
Define your sustainability goals Before diving into sustainable sourcing, it’s essential to define your sustainability goals. Decide what aspects of your business you want to make more sustainable, and why. This might include reducing carbon emissions, minimising waste, or sourcing ethical and environmentally friendly products. Assess your current supply chain…
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24 OctoberSport & Leisure
Decathlon launches nationwide buyback service
Decathlon has announced the launch of a buyback service in 50 of its stores across the country. The scheme will allow customers to trade in old sports equipment in exchange for in-store credit. The first leg of the initiative will focus on bicycles, with the service later expanding to all…
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23 OctoberNews
Red Run opens in Liverpool One
Grosvenor has announced that women’s active streetwear brand, Red Run, has opened the doors to its new flagship store at Liverpool One. The opening is an important milestone in the growth of the popular fashion-forward brand and represents Liverpool One’s dedication to supporting the development of local, independent businesses. The…
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