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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Dec- 2024 -13 DecemberAnalysis
How China and ‘memory makers’ are shaping luxury retail trends
The global luxury retail market is at a turning point, navigating economic shifts, evolving consumer preferences, and new growth opportunities. Insights from Morningstar’s Luxury Landscape and other industry reports have explained what trends really shaped the luxury segment year, giving us a good idea of what to expect in 2025.…
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11 DecemberClothing & Shoes
Zara owner Inditex misses expectations despite 7% surge in revenues
Inditex, the owner of fashion brands Zara, Stradivarius and Berksha, has seen its shares slide 6% in trading after its performance in the first nine months of the year came in below analysts expectations. Inditex reported revenues for the period of €27.4bn (£22.6bn) up 7.1% YOY and revealed that sales…
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6 DecemberNews
M&S gets go ahead for Marble Arch redevelopment site
Marks and Spencer has been given the green light for the redevelopment of the M&S store at Marble Arch. After a three-year battle, deputy prime minister Angela Rayner has approved the plans for the retailer to rebuild the store after they were initially submitted to Westminster City Council in 2021. …
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5 DecemberNews-In-Brief
Today’s news in brief-5/12/24
Police are investigating stalking and corporate espionage allegations from Boohoo executives, including CEO Dan Finley and co-founder Mahmud Kamani. Reports suggest the executives have been followed and watched in Manchester, London, and Kent, with Kamani allegedly assaulted and ex-CEO John Lyttle encountering trespassers. Surveillance equipment found outside Boohoo’s Manchester office…
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5 DecemberAnalysis
What’s stopping supermarkets from selling loose fruit and veg?
Aldi is taking a bold step toward reducing plastic waste by trialling 12 new loose fruit and vegetable lines across select stores in Northern England. Customers in County Durham, Cumbria, and other northern regions can now buy items like parsnips, broccoli, ginger, and oranges without the unnecessary plastic wrap. If…
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5 DecemberClothing & Shoes
Løci opens first physical space at Oxford Street’s Future Stores
Urban-lux vegan trainer and apparel brand Løci has opened the doors to its first physical shop at experiential immersive retail space Future Stores, 95 Oxford Street, London. Launched on Wednesday with a VIP evening attended by retail experts, fashion editors, influencers and shoppers, it marks the first time the brand…
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4 DecemberAdvice
Tradition meets innovation: Sam Walker’s vision for Walker & Ling
Sam Walker, owner and manager of Walker & Ling, stands at the helm of a business steeped in history yet firmly focused on the future. As the fifth-generation leader of this independent, family-run department store, Walker carries forward a legacy that dates back to 1892, all while navigating the rapidly…
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2 DecemberNews
Co-op extends £400m sustainability-linked revolving credit facility
Co-op has announced the extension of its £400m sustainability-linked revolving credit facility for a further five years until November 2029. The extension underlines the supermarket’s commitment to a sustainable future and aligns with its sustainability and social goals targets initiated within the original facility agreement. The revolving credit facility provides…
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Nov- 2024 -27 NovemberComment
Problem-solving to jewellery design: Creating a new brand from scratch
In the world of retail and jewellery, Sarah Parham, founder of Sarah Verity Jewellery, has carved out a unique space by combining problem-solving skills with bold creativity. Her journey from an advertising career to creating a jewellery brand is a testament to resilience, ingenuity, and the belief that anything is…
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27 NovemberNews-In-Brief
Today’s news in brief-27/11/24
The House of Lords Built Environment Committee has urged high streets to evolve beyond retail to reverse their decline. Its report highlights over 10,000 store closures in 2023, emphasizing that the traditional dominance of retail is outdated. Instead, demand is shifting towards leisure, dining, and public services such as health…
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