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- 2021 -26 AprilOnline & Digital
Gousto reaches first year of profitability since launch
Recipe box provider Gousto has welcomed “record” sales for 2020, up 129% to £189m. Meanwhile, underlying EBITDA was £18.2m, up from a loss of £9.1m in 2019, as Gousto achieved its first full year of profitability since launch. According to the group, this strong growth has continued into 2021, with…
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23 AprilAdvice
Getting ready for the post-covid retail boom
From being in the grip of the second wave in a bleak mid-Winter two months ago with so much uncertainty and anxiety there really has been a remarkable turnaround due to the determination of all to fix this situation. A majority of the population have been vaccinated and sunnier days…
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22 AprilEconomy
Carphone Warehouse closes all sites in Ireland
Carphone Warehouse has announced the closure of all its sites in Ireland with immediate effect. This includes its 69 standalone Carphone Warehouses and 12 in-store branches, employing 450 people, and the brand has stopped taking orders via its Irish website. However, this move is not set to affect Currys PC…
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21 AprilDIY
Ikea owner to invest £3.4bn into renewable energy
Ingka Group, the holding company which owns the majority of Ikea stores has revealed it has invested of €4bn (£3.4bn) into renewable energy. The investment will support reducing the company’s climate footprint and a broader transition to a net-zero society. In the past decade the group has invested €2.5bn (£2.2bn)…
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21 AprilElectrical
Dixons Carphone appoints sustainability director
Dixons Carphone has announced the appointment of Moira Thomas as director of sustainability and ESG at the group. In the newly created role, Thomas will report to Assad Malic, group director of strategy and corporate affairs. Thomas joins from John Lewis Partnership, where she held a number of corporate social…
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21 AprilClothing & Shoes
Mulberry launches sustainability manifesto
Luxury fashion house Mulberry has launched a new sustainability manifesto, which outlines the company’s “ambitious commitments” to transform the business to a “regenerative and circular model”, encompassing the entire supply chain by 2030. The launch of the “Mulberry Made to Last” manifesto marks the group’s 50 anniversary year as a…
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14 AprilSupermarkets
Tesco profits fall 20% despite rising sales
Tesco has reported that pre-tax profits plunged 19.7% to £825m in its latest full-year results, despite UK like-for-like sales increasing by 7.7% to £39.4bn in the period. It comes as the group said the pandemic had “far-reaching” impacts on its operations, as it incurred Covid-related costs of £892m, largely attributed…
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14 AprilAdvice
A repackaged retail strategy – How FMCG brands are innovating to stay ahead
The FMCG category has been buffeted by unprecedented change over the past year with huge disruption to traditional routes to market and dramatically altered customer behaviour. With consumers stuck at home, brands have been forced to overhaul long-running product distribution strategies and completely rethink marketing plans for product launches. Encouragingly…
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12 AprilHigh Street
Monsoon opens new boutique store in London
Monsoon has opened a new boutique store today (12 April) On London’s Marylebone High Street. The store is part of a “refresh of Monsoon”, taking the brand “back to its roots”, and aims to celebrate its “heritage, craft and commitment to sustainability and ethical trade”. The Marylebone High Street location…
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Mar- 2021 -29 MarchComment
Clean Sweep: The great supermarket sustainability drive
For years now, the dangers of plastic to the environment and an impetus to reduce our use of it has been present. The non-biodegradable substance can hang around the environment for hundreds of years after its use, becoming a danger to animals and ecosystems across the world. According to the…
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