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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Mar- 2021 -24 MarchFeatures
How FMCG brands can thrive post-Covid
Food shopping during the pandemic has been an ongoing source of stress and anxiety for many. While demand for online shopping has sky-rocketed, the limited availability of delivery slots – particularly during national lockdowns – has meant in-store shopping maintains its crucial role. Every minute counts in a busy supermarket,…
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23 MarchSupermarkets
Waitrose bans magazines containing plastic toys
Waitrose has announced that it will no longer sell children’s magazines which contain plastic toys – in a bid to cut down on the use of single-use plastics in its stores. The group said it was inspired to introduce the ban after it learned about a 10-year old girl from…
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17 MarchSupermarkets
Ocado unveils own label rebrand
Ocado has undertaken a rebranding strategy that includes 100 new products and less packaging, as well as a switch from green to purple. The food retailer said that 530 items in the group’s own label range are set to be changed in time for today’s (17 March) launch. Moreover, the…
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5 MarchOnline & Digital
MPs call on Boohoo to link bonuses to workers’ rights
Boohoo’s chairman, Mahmud Kamani has once again been called on by MPs to improve working conditions for its employees and operate in a more environmentally sustainable manner. The Environmental Audit Committee (EAC) has written to Kamani urging for the head to link its bonus scheme for senior executives -which is worth…
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3 MarchClothing & Shoes
Kering backs Vestiaire Collective in £154m investment round
Vestiaire Collective, a global platform for second-hand fashion, has announced the completion of a £154m investment round, backed by Gucci’s owner, Kering, alongside Tiger Global Management, a US investment firm. The financing also saw existing shareholders including but not limited to the group’s CEO, Max Bittner, Condé Nast, Eurazeo Group,…
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1 MarchSupermarkets
Morrisons acquires seafood wholesaler
Morrisons has announced its acquisition of Falfish, a family-owned wholesaler of sustainable seafood based in Cornwall. The acquisition represents the supermarket’s commitment to improving the range and quality of its fresh fish and shellfish in its stores. Some 80% of Morrisons fish and shellfish, across its 497 stores and online…
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Feb- 2021 -25 FebruaryDIY
Ikea UK hit with £33m loss amid pandemic
Ikea UK has announced that total sales fell by £200m to £1.9bn in its full-year ended 31 August 2020, down from sales of £2.12bn reported in FY19. While the furniture giant decreased its costs by 3.4% to help shore up its finances, it still reported an overall loss impact of…
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22 FebruaryDepartment Stores
John Lewis to shutter up to eight stores
John Lewis is reportedly considering the closure of up to eight of its stores in a bid to further cut costs, according to The Sunday Times. While the exact number of closures is “yet to be determined”, the chain’s bigger and older sites are thought to be most at risk.…
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19 FebruaryClothing & Shoes
H&M issues £433m sustainability-linked bond
H&M has issued a €500m (£433m) sustainability-linked bond with a maturity of 8.5 years which will aim at providing incentives for the company to meet eco-friendly targets by 2025. The annual coupon rate of 0.25% with the bond has already generated “great interest” and was 7.6 times oversubscribed, according to…
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18 FebruaryDepartment Stores
John Lewis signs up to HRH Terra Carta initiative
John Lewis has announced it has become the first retailer to sign-up to HRH The Prince of Wales’ Terra Carta, which forms part of HRH’s Sustainable Markets Initiative. Launched by HRH on 11 January 2021, the Terra Carta lists 10 action articles for the decade and aims to provide an…
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