Home Retail Group said rising shipping rates and adverse currency effects hit margins at its two main operating businesses, Argos and Homebase, in the second quarter
Browsing: Homebase
Argos has awarded TDG a three-year extension to its contract to run its distribution centre at Mossend in Scotland
Unipart doubled its operating profit to £9.5 million in 2010, on sales up four per cent to £1.13bn. Chief executive John Neill said: “ 2010 has seen a return to growth.”
Homebase has extended its contract with Unipart for 12 years after a review of its distribution strategy concluded that it needed a longer term relationship with a partner to supp[ort its growth plans
With retailers experiencing a toxic mix of increasing commodity prices, rising fuel costs and a hike in VAT, the focus for most in 2011 will be on inventory reduction, cost containment and supply chain optimisation. By Nick Allen.
Home Retail Group, which owns Argos and Homebase, says it cut operating and distribution costs by £39m in the first half
Wincanton is targeting growth in retail combined with business development in new sectors to move back into growth after a tough year which has seen underlying operating profit drop 8.4 per cent
Asda has signed a long-term contract with Home Delivery Network after relaunching its non-food home shopping proposition.
Homebase is using AutoLogic’s MaxLoad Pro planning software as part of an initiative to deliver Christmas stock, such as trees and decorations, direct to all stores.
Bibby Distribution has teamed up with Fairbridge, a national charity supporting disadvantaged young people, to offer a group in north Manchester a hand up the career ladder.
