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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Dec- 2021 -15 DecemberHigh Street
Casa di Moda sets greenhouse gas reduction target
Fashion retail house Casa di Moda has announced it has set targets to reduce its greenhouse gas emissions by 60% over the 10-year period of 2019 – 2028. The renewed climate commitment comes after the fashion brand spoke at the COP26 conference last year. Brunello Cucinelli, executive chairman and creative…
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13 DecemberDIY
Dunelm signs £185m credit deal linked to sustainability
Dunelm Group plc has announced the signing of a £185m sustainability-linked unsecured revolving credit facility (“RCF”). It revealed the deal is signed from banks, Barclays Bank PLC, Lloyds Bank Plc, National Westminster Bank PLC, Banco Santander, S.A., London Branch and Credit Industriel et Commercial. The facility has an initial term…
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6 DecemberEconomy
Sustainability ‘falls down agenda’ for retailers, report finds
Sustainability is less important now than it was a year ago for a quarter (24%) of retailers, while 8% say it has fallen down the agenda “quickly”, according to new research from UK law firm TLT. A fifth (21%) of retailers said sustainability was not currently important to their business,…
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Nov- 2021 -24 NovemberClothing & Shoes
M&S acquires 25% stake in Nobody’s Child
Marks and Spencer has announced it is furthering its partnership with Nobody’s Child by investing in a 25% stake in the clothing brand, following a “positive first year of working together”. While Nobody’s Child will continue to operate independently, it will now be able to use M&S’s investment and infrastructure…
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15 NovemberPeople Moves
Dobbies bolsters leadership team
Dobbies has bolstered its leadership team through the addition of three senior appointments, as the group continues to eye further growth across the UK. Richard Hodges has been appointed as Dobbies’ commercial director, joining from Sainsbury’s where he was head of UK Wholesale and International Growth. In his new role,…
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9 NovemberClothing & Shoes
Primark plans global expansion despite sales slump
Primark has seen like-for-like sales fall by 12% in its latest full-year results, as ongoing store closures and trading restrictions “inevitably” led to a “significant” loss of sales and profit in the period. While its parent group, Associated British Foods (ABF), said there was “no doubt” that Primark was “seen…
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3 NovemberClothing & Shoes
Depop confirms climate neutral status
Depop has announced it has been certified as a climate neutral company for the first time by climate solutions provider South Pole. The company said this “confirms that the company has successfully offset all material sources of scope 1-3 greenhouse gas emissions”. Depop has been retroactively offsetting greenhouse gas emissions…
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1 NovemberNews
John Lewis signs £420m credit deal linked to sustainability
The John Lewis Partnership has signed a new £420m five-year revolving credit facility linked to environmental targets. It revealed the deal is provided by seven banks who continue to offer “important backing” to the Partnership and its plans, with the new financing to replace existing facilities of £500mn, which are…
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1 NovemberSupermarkets
Aldi removes all plastics from toy range
Aldi has announced it is removing all plastic packaging from its entire wooden toy range. The supermarket’s upcoming Specialbuy range includes 26 different items, including wooden medical carts and pirate ships, and is available in stores from 31 October. The wooden toy range was originally launched in 2016 and has…
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Oct- 2021 -27 OctoberProperty
Ikea to open in former Topshop Oxford Street site
A new Ikea store is set to open its doors in the heart of London with a new location at Topshop’s former Oxford Street site. The new store is planned to open in autumn 2023, and will have a focus on home-furnishing accessories, with a full range available to buy…
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