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- 2025 -6 MarchElectrical
Currys introduces ‘inflation-beating’ pay boost
Currys has announced an “inflation-beating” boost of 6% to colleague pay thanks to an £8m investment that will see a raise in the hourly rate paid to employees, combined with the retailer’s bonus programme. This boost means that skilled hourly paid store workers will have their minimum hourly rate rise…
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Feb- 2025 -26 FebruaryEconomy
One in 10 part-time retail jobs at risk, BRC says
One in 10 part-time retail jobs, up to 160,000 roles, could be at risk of being lost over the next three years as a result of the rising costs of employment, the BRC has revealed. The retail body has warned of the impact that both the budget and upcoming regulatory…
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25 FebruaryPeople Moves
Co-op unveils new board appointments
The Co-operative Group (Co-op) has appointed Wais Shaifta and Lord Simon Woolley as Independent non-executive directors (NED). Wais is an expert in digital growth and transformation and Co-op said his experience in leading technology businesses brings “depth of understanding of the role technology plays in delivering more value to member-owners”.…
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24 FebruaryDIY
Mango Home to open first standalone store
Mango Home has announced the opening of its first stand-alone store, located at 586 Avenida Diagonal in Barcelona. With a selling space of nearly 400 m², the new space will open its doors in early April. The arrival of this store marks a milestone in the growth strategy of Mango…
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18 FebruaryNews-In-Brief
Today’s news in brief-18/2/25
Shein has maintained strong growth despite recent challenges, including the US removing duty-free status for low-value ecommerce packages from China and increasing tariffs. Executive chairman Donald Tang reassured investors in a letter, emphasizing the company’s ability to offer affordable fashion and lifestyle products. Tang also expressed support for de minimis…
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18 FebruaryClothing & Shoes
Regatta Group sales grow by 6% in 2024
Regatta Group, home to some of Britain’s most recognised outdoor brands, has reported a 6% YoY growth in sales in 2024, selling 23 million products across its portfolio. The family-owned collective of leading brands includes high-street outdoor brand Regatta Great Outdoors, mountain and snow brand Dare 2b, sustainable-outdoor adventure brand…
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18 FebruaryPeople Moves
Tesco appoints new wine product development manager
Tesco has announced that Beth Kelly, a Master of Wine (MW), has joined the supermarket’s wine team as wine product development manager. Previously a buying manager at Majestic Wine, Kelly will be responsible for France and South Africa across both still and sparkling wines. With over 20 years of experience in…
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12 FebruaryClothing & Shoes
Gucci sales slump drags down Kering FY performance
Kering, which owns brands such Gucci, Yves Saint Laurent and Bottega Veneta, has reported a 29% drop in EBITDA to €4.6bn (£3.8bn) and a 12% decrease in revenues to €17.2bn (£14.3bn) in the year to 31 December 2024. Recurring operating income totalled €2.6bn (£2.17bn) in 2024, down 46% from the…
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Jan- 2025 -31 JanuaryNews-In-Brief
Today’s news in brief-31/1/25
Homebase, the DIY retailer that collapsed into administration in November 2024, owes more than £650m to unsecured creditors, including suppliers AO World, Halfords, and The Hut. Administrator Teneo reported total unsecured claims of £657m, with £100m owed to trade creditors. Major debts include £2.9m to Close Brothers for till systems,…
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31 JanuaryPeople Moves
THG appoints Milyae Park independent non-executive director
THG has announced the appointment of Milyae Park as an independent non-executive director with immediate effect. Park joins THG following a long and successful career in digital and ecommerce transformation at FTSE 100 and FTSE 250 companies including Tesco and Marks and Spencer. Since launching a portfolio career in 2019,…
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