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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Oct- 2023 -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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16 OctoberFeatures
Sasha Radic: ‘Beauty is both high growth and resilient’
Can you tell us a little bit about your career so far? I am a managing director at Jefferies, spearheading our beauty and wellness practice. I’ve been in investment banking my entire career and couldn’t imagine a better way to enable and drive the growth in this industry. As such,…
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13 OctoberNews
Today’s news in brief-13/10/23
The John Lewis Partnership has appointed Martin Gafsen as its new director of property. Gafsen, previously the interim corporate finance director at Royal Mail, brings extensive experience in property management. He led the strategy for Royal Mail’s nationwide freehold and leasehold estate for 16 years. Additionally, Gafsen was responsible for…
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13 OctoberDepartment Stores
Dunelm green targets approved by SBTi
Dunelm has announced that its greenhouse gas emissions targets have been approved by the Science Based Targets initiative (SBTi). Dunelm has become the first dedicated homewares specialist and one of the first companies globally to set short and long-term company-wide emission reduction targets in line with climate science, following a…
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11 OctoberAdvice
A retailer’s guide to navigating global supply chain challenges
In today’s interconnected world, retailers face an array of challenges when it comes to managing their global supply chains. From disruptions caused by natural disasters to geopolitical tensions and unforeseen global events like the COVID-19 pandemic, the ability to adapt and navigate these issues is crucial for business sustainability. Diversify…
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6 OctoberNews
Today’s news in brief-06/10/23
Pandora has raised its revenue guidance for the year to DKK 34-36bn (£4.2-4.5bn) following a surge in store sales. As part of its Phoenix strategy, the company plans to increase investments to enhance revenue growth, brand desirability, and expand its store network. This includes positioning itself as an affordable luxury…
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6 OctoberLuxury Goods
Pandora raises revenue guidance amid strong store sales
Pandora has upped its revenue guidance for the year to between DKK 34-36bn (£4.2-4.5bn) after seeing a spike in store sales. As part of its Phoenix strategy, Pandora plans to scale up its investments to accelerate revenue growth, brand desirability and store network. This will include building its position as…
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5 OctoberNews
Today’s news in brief-05/10/23
Asda, post its separation from Walmart, has entered a multi-year partnership with Tata Consultancy Services (TCS) to revamp its IT operations. TCS will implement cloud-based ERP platforms to streamline various processes including supply chain forecasting, buying, and merchandising. This move aims to enhance customer experience, innovation capabilities, and maintain market…
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