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.
-
Jun- 2021 -23 JuneClothing & Shoes
Superdry to relocate Regent Street flagship
Clothing retailer Superdry is to relocate its London flagship store on Regent Street after agreeing to surrender its lease early. First reported by Drapers, Superdry exited its flagship, which it has inhabited since 2011, earlier this month and is now looking for a new site. Superdry is said to be…
Read More » -
23 JuneM&A
Inc Retail Group announces Tootsa MacGinty acquisition
Inc Retail Group, a part of Inc and Co, has reportedly announced the acquisition of children’s clothing brand Tootsa MacGinty for an undisclosed sum. According to Drapers, the newly formed Manchester group completed the takeover in a bid to bolster its core offering. The group added that the deal “further…
Read More » -
16 JuneSupermarkets
Asda opens ‘biggest refill zone’ in York
Asda has announced plans to open its biggest refill zone to date in York in October. The zone will feature 18 standalone bays with over 70 branded and own-label products in refillable format with brand new product types including dried Mars pet food and additional ranges of snacking, desserts and…
Read More » -
15 JuneClothing & Shoes
Boohoo see Q2 revenues surge 32% to £486m
Boohoo has reported a 32% surge in group revenues for the three months to 31 May 2021 from £367.8m to £486.1m which was spurred on by retailers turning to online shopping during the pandemic. UK revenue contributed heavily to the overall sales growth, which saw a 50% increase from £183m…
Read More » -
4 JuneClothing & Shoes
Global Fashion Group becomes carbon neutral
Global Fashion Group (GFG) has announced that it has become carbon neutral across its operations and outbound deliveries. The retail group, which operates brands such as H&M, Bershka and Missguided, uses 100% green energy across its nine fulfillment centres in Latin America, the CIS, Southeast Asia, Australia and New Zealand.…
Read More » -
2 JuneDIY
Kingfisher signs £550m responsible credit facility
Kingfisher, the owner of B&Q and Screwfix, has signed a £550m three-year revolving credit facility agreement linked to responsible business targets. Through the agreement, Kingfisher will benefit from lower interest rates if the responsible business plan’s targets are met, with a two-year extension also a possibility. The targets focus on…
Read More » -
1 JuneSupermarkets
Waitrose expands refillable products offering
Waitrose has announced that it will launch more refillable products as part of its “Unpacked” concept, including loose tea for the first time. The news follows the increase of refillable sales by 9% at the retailer’s existing four shops in the past six months. Sales of refillable frozen fruit and…
Read More » -
May- 2021 -28 MayProperty
Hammerson launches £600m sustainability-linked bond
Hammerson has announced the launch of a €700m (£600m) real estate sustainability-linked bond, with a six year maturity period and a 1.75% coupon. This new issuance was added with tender offers announced on 20 May 2021 in respect of the €500m (£430m) 2% bonds due 2022 and the €500m (£430m)…
Read More » -
25 MayHigh Street
BRC calls on government to ‘accelerate use’ of green goods vehicles
The British Retail Consortium (BRC) has written to the secretary of state for transport, Grant Shapps MP, calling on the government to act to encourage the take up of green technologies and reduce emissions from goods vehicles. According to the BRC, retailers are “making progress” to address this issue, but…
Read More » -
20 MaySupermarkets
Sainsbury’s CS&R director Judith Batchelar to step down
Sainsbury’s has announced that Judith Batchelar OBE is to step down from her role as director of corporate responsibility and sustainability (CR&S) and public affairs at the group. Batchelar will remain with the business until November 2021 as an advisory, before departing from Sainsbury’s after 16 years at the firm.…
Read More »
