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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Apr- 2023 -11 AprilNews
Waitrose to launch Gail’s Bakery areas in 64 stores
Supermarket chain Waitrose has recently revealed it will add dedicated Gail’s Bakery areas in 64 of its shops in the South and East of England by May. Waitrose will also be doubling the range of Gail’s sourdough breads and other craft baked goods it stocks, adding new lines from crackers…
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Mar- 2023 -30 MarchSport & Leisure
Decathlon launches UK first rental scheme
Sports retailer Decathlon has launched a rental service across all of its UK stores, becoming the first sports retailer in the country to do so. The rental service has been rolled out across all UK stores following a successful trial at four stores, where customers found that the offering allowed…
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29 MarchProperty
Aviva acquires Southampton retail park
Aviva Investors, the global asset manager of Aviva plc, has revealed it has acquired the Hedge End Retail Park in Southampton, alongside the separate purchase of an Asda superstore in Hayes, Middlesex. It said the two deals continue Aviva Investors’ desire to act as a strategic buyer of real estate…
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23 MarchDepartment Stores
Ownership of business will ‘remain a constant’, says John Lewis chair
John Lewis chairwoman Sharon White has assured that employees’ ownership of the John Lewis Partnership will “remain a constant”, following reports that the group was considering selling a minority ownership stake. It comes as reports emerged earlier this week that the employee-owned group could dilute its 100% staff ownership structure…
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22 MarchElectrical
Currys raises staff pay for fourth time in 18 months
Currys has announced an additional rise for hourly paid store colleagues in the UK from £10.35 per hour to £10.50, the fourth rise in the last 18 months. The retailer also revealed that the average store colleague bonus is 89p per hour, with top earners making up to £3 per…
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21 MarchDIY
Screwfix acquires assets of Connect Distribution Services Limited
Screwfix, the omnichannel trade retailer and part of Kingfisher plc, has announced it has acquired the stock, intellectual property, contracts and fixed assets of Connect Distribution Services out of administration, for a cash consideration of £3m. Connect Distribution Services Limited is a retailer of appliance spares, accessories and consumables to…
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17 MarchClothing & Shoes
Mango invests in party clothing rental start-up La Más Mona
Mango has announced that its StartUp Studio will be investing in party dress and accessories rental platform, La Más Mona by offering financial support to the company through a convertible participation loan. The retailer’s investment in the rental platform represents its entry into an ‘acceleration’ programme through which the entrepreneurs…
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15 MarchHigh Street
Zara owner sales jump 17.5% in FY22
Inditex, the parent company of high street retailer Zara, has revealed that sales reached €32.6bn (£28.7bn) in FY22, an increase of 17.5% on the prior year. According to the group, its sales grew 18% in constant currencies across all its key geographical areas both in stores and online. While online…
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14 MarchNews
Mamas & Papas partners with Kit & Kin to promote eco-friendly products
Nursery brand Mamas & Papas has announced a partnership with Kit and Kin’s eco range starting from Monday 13th March. Kit and Kin’s eco nappies are made with sustainably sourced, plant-based materials as well as being the first UK nappy brand in retail to launch recyclable paper packaging. The range…
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10 MarchClothing & Shoes
Prada reports profits rise 21% to €4.2bn for FY22
Prada Group has reported that its 2022 revenues increased to €4.2bn (£3.7bn), marking a 21.3% rise over 2021, according to its financial for the period ending 31 December 2022. It said that retail sales, which increased 23.8% to €3.7bn (£3.27bn), was the primary driver, as well as organic expansion at…
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