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.
-
Feb- 2022 -10 FebruarySupply Chain
Retailers cancel £7.1bn in contracts over ethical concerns
UK retailers cancelled £7.1bn in contracts over the last 12 months over concerns about suppliers meeting “stringent” ethical and sustainable standards, new research from Barclays reveals. The latest report from Barclays Corporate Banking, ‘Reshaping retail: how ethics and sustainability are changing retail’s ecosystem’, found that the pandemic and an increasing…
Read More » -
9 FebruaryDIY
Dunelm hails ‘record’ trading as sales surge 10%
Dunelm has announced its sales rose by 10.6% year-on-year from £719.4m to £795.6m in the 26 weeks ending 25 December 2021 (H1 FY22), up 36% from pre-Covid levels. The group also reported “record” pre-tax profits of £140.8m, rising 25.3% year-on-year from £112.4m and up 68% from £83.6m in H1 FY20.…
Read More » -
7 FebruaryFeatures
Rising from the ashes: How retailers can come back even stronger in 2022
If 2020 was the year of unprecedented events, then 2021 was the year of the aftermath. Even at the beginning of the year, when we hoped the worst of the pandemic was over, lockdown restrictions stopped many retailers and brands in their tracks. For those with a physical-only presence, the…
Read More » -
7 FebruaryOnline & Digital
MusicMagpie expands service amid subscription economy boom
MusicMagpie has announced that it has expanded its rental subscription service to offer new product categories that include tablets, games consoles and MacBooks, as the subscription economy continues to witness a boom across the UK. Having launched in October 2020, its smartphone service has reportedly attracted around 13,500 active subscribers…
Read More » -
4 FebruarySupermarkets
Over 70% of consumers concerned about environmental issues
Over 70% of consumers are concerned about environmental and sustainability issues, according to the TWC’s ‘Do good, feel good’ report. The report also confirmed that sustainability concerns are already influencing where they are shopping for groceries – and will do so more in the future. Over a third of consumers…
Read More » -
3 FebruaryDIY
Ikea to recruit 150 tech roles with new recruitment campaign
Ikea has announced a new data and technology recruitment campaign to recruit over 150 technology and innovation roles across Europe this year. As part of the ‘Taste the Future’ campaign, the company will use a 3D printer during the interview process so candidates can design experimental plant-based meatballs, in a…
Read More » -
2 FebruaryClothing & Shoes
Prada appoints two new independent non-executive directors
Prada has announced the appointment of Pamela Culpepper and Anna Maria Rugarli as independent non-executive directors, taking the board up to a total of 11 members. Culpepper and Rugarli were reportedly selected for their professional background in ESG and in accordance with the Diversity Policy of the board of directors. …
Read More » -
2 FebruaryClothing & Shoes
Influencer activewear brand Tala raises £4.2m
Tala, the sustainable activewear brand founded by fitness entrepreneur Grace Beverley, has announced that it has raised £4.2m in funding co-led by Active Partners and Venrex. Additional participants in the oversubscribed round include Pembroke VCT, as well as angel investors including Nicola Kilner (CEO and founder, Deciem), Michelle Kennedy (CEO…
Read More » -
Jan- 2022 -28 JanuaryClothing & Shoes
Adidas set to hire 2,800 new employees in 2022
Adidas has announced plans to hire 2,800 new employees this year at 307 of its locations in 47 countries. The majority of the new employees, more than 900 people, will be deployed in the Adidas retail stores. Adidas is also filling more than 500 positions in the areas of digital,…
Read More » -
28 JanuaryClothing & Shoes
H&M aims to double sales by 2030 as FY21 profit soars
H&M Group has announced that profit after financial items increased almost sevenfold in its latest full-year results, rising to SEK14.3bn (£1.13bn) against the SEK2bn (£158m) reported last year. It comes as the group pledged that by 2030 “at latest”, it will aim to double sales while at the same time…
Read More »
