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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Aug- 2019 -9 AugustComment
Halting the demise of the ‘not my department’ store
Be it House of Fraser, retail bellwether John Lewis or in-the-wars Debenhams, department stores are in the news for all the wrong reasons – whether for profit warnings, sales dips or being sued by Sports Direct. The pace of change in the retail industry is ever accelerating, and department stores…
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Jul- 2019 -17 JulyClothing & Shoes
Zara owner Inditex launches new sustainability strategy
Inditex, the parent company of fashion brands Zara, Pull&Bear, Stradivarius and Massimo Dutti has unveiled its new sustainability line that by 2023 aims to eliminate all single-use plastics for customers sales. At the company’s AGM meeting yesterday (16 July 2019) executive chairman Pablo Isla said “the culture of diversity, innovation…
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Jun- 2019 -24 JuneHigh Street
Game accepts £52m Sports Direct takeover
Video game retailer Game has agreed to Sports Direct’s £52m takeover offer. Prior to the agreement, the retailer’s board said it had been considering the merits of the mandatory offer and consulting with its major shareholders and advisers, whilst also actively engaging in normal course discussions with Sports Direct and…
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18 JuneClothing & Shoes
Gov rejects MPs’ sustainable fashion recommendations
The government has rejected all the recommendations made by the Environmental Audit Committee (ECA) in February with the aim to “end the era of throwaway fashion”. The MPs published its report called Fixing Fashion Report: Clothing Consumption and Sustainability following the end of its sustainability of the fashion industry inquiry.…
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17 JuneAdvice
Tailoring the consumer experience
Consumers are increasingly looking for more personal, community-orientated shopping experiences, with a recent IRI survey highlighting that over 50% of UK customers prefer to shop local. While 10 years ago this meant visiting the 7-11 corner shop, a high street butcher or your local fashion store, the revolution of retail…
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7 JuneHigh Street
Arcadia amends CVA agreement to appease landlords
Retail company Arcadia has amended the rental reductions for the seven company voluntary agreement (CVA), which are needed for the company to restructure. The original CVAs requested between 35-70% rental reductions in 194 of Arcadia’s 556 locations in the UK and Ireland. However, after failing to reach agreements with certain…
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6 JuneAdvice
Developing sustainable retail brands with employee engagement
When it comes to sustainability, some brands are way ahead of the game. Others, however, are certainly falling behind. There is so much potential for brands who embrace a more sustainable outlook to both appeal to a wider audience and benefit from cost-saving in the long run. But in order…
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5 JuneHigh Street
Mike Ashley makes £51.9m offer for Game after increasing stake
Mike Ashley’s Sports Direct has made a £51.9m offer for the gaming retailer Game Digital after it increasing its stake from 20% to 38.5%. Sports Direct acquired the shares from Marlborough UK Micro-Cap Growth Fund passing the 30% threshold requiring Ashley to make an offer for the shares he does…
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5 JuneHigh Street
Philip Green reaches agreement with pensions regulator
Arcadia owner Philip Green has reached an agreement with The Pensions Regulator in order to aid the restructure of the company. The company has agreed to provide security for the schemes to the value of £210m which includes an additional £25m agreed with regulator. Green’s wife and Arcadia shareholder Christina…
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May- 2019 -28 MaySupermarkets
Co-op launches £300m sustainability bond for Fairtrade commitments
Co-op has announced it has launched a new £300m sustainability bond in order to keep up with its Fairtrade commitments. According to Co-op the sustainability bond will be the first ever for a retailer, and will aim to give farmers a better deal for produce along with adding more Fairtrade…
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