Morrisons has said it will become the first UK supermarket to completely remove plastic carrier bags from its stores.
The Bradford-based grocer said customers will instead be able to purchase reusable paper bags.
The move, which comes after a trial using just paper bags in eight of its supermarkets, will see it save 3,200 tonnes of plastic every year through the...
Financial
Co-op repays furlough support but holds onto £66m of business rates relief
Terry Clark - 0
The Co-op has said it will repay the Government £15.5 million it received in furlough support during the height of the pandemic but stopped short of handing back the £66 million it secured in business rates relief.
It comes after more than £2 billion in rates relief was handed back to the state by other essential retailers who continued to...
New research from savings platform Raisin UK have revealed which parts of the UK have the strongest local economies, and are likely to recover the fastest from COVID-19. Where do they all rank?
Based upon factors such as:
Number of large businesses
Business survival rate
Net growth of birth and death rates
Rate of people in employment
Amount of people...
Online fashion giant Asos has revealed that sales soared during the latest Covid-19 lockdown as high street stores remained closed.
Revenues at the retailer jumped 24% to £1.98 billion in the six months to the end of February, with pre-tax profits up 253% to £106.4 million.
The business said it benefited particularly from strong UK sales during the period – which...
Dunelm expects it will slightly outperform market expectations this financial year as it prepares for a Covid-19 rule change which will allow non-essential shops to open again next week.
The home furnishing company said it had been propped up by online sales in the last three months, and is on track to beat pre-tax profit forecasts, which analysts have set...
Deliveroo shares have climbed higher on their first day of full trading despite the start of a rider strike over worker rights.
The takeaway delivery operator saw shares increase by more than 3% to 290p in early trading on Wednesday, before edging back slightly.
It is the first day that retail investors have been able to trade shares in the business,...
UK retail footfall ticked higher last week as shoppers enjoyed warmer weather and moved closer to the reopening of non-essential shops and outdoor hospitality.
Figures from retail advisory firm Springboard showed that footfall across retail destinations rose by 8.5% from the previous week.
Shoppers particularly went to retail parks and high streets, which saw improvements of 9.7% and 9% respectively.
Meanwhile, it...
Insight/Partner
Avery Dennison launches atma.io, a digital venture ushering in a new era for supply chains
Terry Clark - 0
Avery Dennison has launched atma.io, a new digital venture from the global Fortune 500 company that bridges physical and digital worlds. atma.io is a connected product cloud: an end-to-end platform capable of creating, assigning and managing unique digital identities for every physical item in the world.
atma.io completely reimagines how supply chains operate, how brands connect with individual consumers, and how global...
Insight/Partner
Omnichannel Order Management System (OMS), Onestock receives funding from Silverfleet as it accelerates its development
Terry Clark - 0
OneStock, the leading omnichannel OMS software solution provider, is entering a new phase in its development, as it announces investment from leading European private equity firm, Silverfleet.
2020 marked a turning point for the European pioneer of stock unification and order orchestration solutions (OMS). With the rapid growth of ecommerce and growing demand for digital amongst shoppers, retailers have had...
When the pandemic first hit in 2020, the work-from-home shift happened organically for some domains like tech companies and creative agencies. But it came as a rude shock for traditional businesses like retail. While most retail stores moved to e-commerce to make up for the lost foot traffic, sending people to work from home was the bigger challenge.
Fortunately, most...