Pre-tax profit falls 68 per cent at ASOS
Despite turnover increasing 13 per cent year-on-year e-commerce giant ASOS has reported a 68 per cent drop in pre-tax profit.
Despite turnover increasing 13 per cent year-on-year e-commerce giant ASOS has reported a 68 per cent drop in pre-tax profit.
Lidl has said it will spend £15 billion over the next five years sourcing and procuring from British suppliers.
The global supply chain analytics market is forecast to grow 15.8 per cent over the next five years, driven by the adoption of technologies such as artificial intelligence.
Lidl has commenced operations at its £70 million, 629,689 sq ft, distribution centre in Eurocentral, Motherwell – its largest site to date in Great Britain.
Walker Logistics has eliminated the use of plastic-based void-fill materials in over 90 per cent of the orders it processes at its Berkshire-based fulfilment facility.
Omni-channel retailer Ted Baker saw e-commerce sales fall 1.3 per cent during in what it described as a “challenging” half-year in the sector.
Dave Lewis, chief executive of Tesco, has resigned and will leave the business in the summer of 2020.
German toy manufacturer Theo Klein has appointed Import Services as logistics partner, to provide retail supply chain services, from product sources in the Far East and Germany, to customers in the UK and Republic of Ireland.
Express parcels carrier Yodel and freight forwarder DG International have launched a global outbound service for UK retailers.
PrettyLittleThing has relocated to a new 600,000 sq ft warehouse in Sheffield, where it has installed a sortation system from BS Handling Systems.