Supermarket giant Sainsbury’s has launched a major restructuring and consolidation of its logistics operations which will affect around 7,000 staff. The strategy will see 3,000 staff, who currently work for Sainsbury’s, and 4,000 Argos staff transfer to one of Sainbury’s three logistics partners – DHL, Wincanton and GXO Logistics. The retailer said...
Tesco has posted a fall in full year profit after being hit by “unprecedented levels of inflation”. In the year to 25 February 2023, adjusted retail operating profit declined by 6.1% to £2.49 billion despite a strong sales performance. On a statutory basis, pre-tax profit was down 50.8% at £1 billion. Meanwhile group...
Tesco has begun recycling used plastic food trays back into packaging as it looks to create a fully circular packaging solution for its range of core chilled ready meals. In a collaboration with packaging manufacturer Faerc, PET trays are being recycled and converted back into food grade plastic trays after being...
Games Workshop has appointed Mark Lam as a non-executive director with immediate effect. With extensive board experience in the telecommunications and information technology sectors, Lam was previously chief technology and information officer at Openreach and a senior executive at BT Group. He currently serves as chair of the Royal Free London NHS...
Boots has launched what it describes as its No7 beauty brand’s biggest ever cosmetic science innovation. No7 Future Renew is a collection of four skincare products that contain a “world-first super-peptide blend” that Boots said is proven to harness the skin’s natural repair process and the renewal of over 50 key...
Steve Murells, the former head of Co-op Food, has been appointed as the chief executive of Hilton Food Group. Due to take up his role from 3 July 2023, he will also join the group’s board. Murrells will succeed Philip Heffer who has decided to step down after almost 30 years with...
Asos has announced the appointment of Google’s senior finance Director Natasja Laheij and CEO of Spanish fashion brand Bimba y Lola Jose Manuel Martinéz Gutiérrez as independent non-executive directors. Both Laheij and Martinéz Gutiérrez will join the board on April 11 and serve on the Audit Committee. Laheij will also act...
Ocado has named Mat Ankers as its new chief financial officer. In his new position, Ankers will oversee finance, operations, IT and Insights at Ocado Retail, bringing a wealth of strategic and financial experience from his time at retailers across Europe. Ankers joins Ocado from Pepco Group, where he held the position...
Hammerson has signed up café and lifestyle brand EL&N Café for a space at Birmingham’s Bullring as part of its strategy to enliven its assets through new occupiers, brands and concepts. The ‘most instagrammable café in the world’ has taken nearly 8,000 square feet of space on bustling New Street for...
Adidas has launched a new campaign that celebrates creativity across the worlds of music, art, style and movement. Called Club Originals, the campaign features a line-up of top talent including London-based American singer Ashnikko, indie rock artist Bakar and Rinse FM host and DJ Jyoty. Adidas is also inviting its community to...
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