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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Jul- 2020 -31 JulyHigh Street
Pets at Home sales stabilise in quarterly results
Pets at Home has announced that total group revenue fell by 1% in the quarter ended 16 July, while like-for-like revenue was down by 0.7% in the period. Amid the onset of the pandemic, the first eight weeks of the period saw like-for-like revenue tumble 13.5%, though this was later…
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20 JulyClothing & Shoes
UK retailers call for ‘urgent action’ to end labour exploitation
A number of fashion retailers including Asos, Missguided, River Island and M&S have called on the Home Secretary, Priti Patel, to take “urgent action” to address exploitation in the UK’s fashion supply chain. Retailers including George at Asda, Joules, Matalan, Morrisons, Mountain Warehouse, N Brown, Next and The Very Group,…
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9 JulyCoronavirus
John Lewis shutters eight stores, 1,300 jobs at risk
John Lewis has confirmed it will not be reopening eight sites across the UK, and will now enter into consultation with impacted employees across its estate. The move will reportedly place 1,300 jobs at risk. The sites that are now set to close their doors include its travel hub shops…
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8 JulyClothing & Shoes
H&M to close 170 stores worldwide
H&M has announced plans to close 170 of its stores worldwide after increasing the pace of the closures due to the impact of the coronavirus. The announcement, which came in a six-month trading update for the second quarter of the year, also revealed that the H&M group’s net sales decreased…
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Jun- 2020 -29 JuneCoronavirus
H&M half-year sales slump amid Covid-19 pandemic
Fashion retailer H&M has reported a 23% decrease in net sales to SEK 83,612bn (£7.2bn) for the half-year period ended 31 May 2020. The group said it was “significantly negatively affected” by the Covid-19 situation, with pre-tax losses amounting to SEK 3,063bn (£265m) during the H1 period. H&Ms net sales…
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May- 2020 -27 MayPeople Moves
Hammerson CEO David Atkins to step down
Shopping centre owner Hammerson has announced that its CEO, David Atkins, has decided to step down from his role. Atkins will remain in position until spring 2021 at the latest, while the board searches for his successor. Atkins joined the company in 1998 and was appointed as CEO in 2009.…
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11 MayTips
The Impact of COVID-19 on Garment Workers – What to Know
The COVID-19 pandemic has resulted in a dramatic shift to our daily and professional lives, leaving no one unaffected. Many businesses have taken a stepback and many jobs were lost, with the clothing industry taking much of the hit. Garment factories have been forced to shut their doors and temporarily…
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Apr- 2020 -15 AprilComment
Will Boohoo’s bubble soon burst?
It’s fair to say that Boohoo was the success story of 2019. It achieved staggering growth and is now worth more than Marks and Spencer – an incredible achievement for a relatively nascent brand. But, as it continues its market domination, you do have to wonder when the good news…
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Mar- 2020 -20 MarchHigh Street
Ikea to temporarily shutter all UK stores amid Covid-19 pandemic
Ikea UK and Ireland has said it will temporarily close its stores to customers at 6pm on Friday 20 March, as a “precautionary measure” against the ongoing risk of Covid-19. In line with recommendations from local authorities, the retailer said it had already put additional precautionary measures in place, including…
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20 MarchSupermarkets
Government tells supermarkets to ‘join forces’
The Department for Environment, Food and Rural Affairs (DEFRA) has told supermarkets to “join forces” as the coronavirus crisis unfolds. It announced it is “temporarily relaxing” elements of competition law as part of a new package of measures to allow supermarkets to “work together to feed the nation”. The move…
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