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Boohoo's CEO John Lyttle is stepping down as the company initiates a strategic review of its brands, including Debenhams and Karen Millen. This follows a reported 15% drop in revenue and increased competition in the fast-fashion sector. The company aims to maximize shareholder value amid ongoing challenges.
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Sam's Club is transforming its retail model with a new tech-driven store in Grapevine, Texas, eliminating traditional checkout lines. Meanwhile, M&S plans to close its full-line stores, including a long-standing branch in Crawley, West Sussex, while expanding its food-only locations.
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Southern Water is considering importing up to 45 million litres of water daily from Norway as a contingency for extreme droughts in the early 2030s. This plan, described as a last resort, follows concerns over water scarcity and environmental impacts from current supply sources in the UK.
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Hepworth Brewery in West Sussex plans to become the first UK brewery to use an ultra-high-temperature heat pump, reducing emissions and fuel costs by 40%. This initiative aligns with the UK government's net-zero carbon goals by 2050, showcasing the potential of heat pumps in industrial applications.
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A yellow weather warning has been issued for heavy rain and thunderstorms across southern England and Wales today, with potential flooding and travel disruptions expected. The Met Office warns of significant rainfall, hail, and gusty winds, urging residents to prepare for severe weather conditions as remnants of Hurricane Kirk approach the UK.