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Department Stores
M&S profits dive 62% for full year
Marks and Spencer has reported a 62.1% drop in pre-tax profit for the year ending March 2018, amid an ongoing…
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Online & Digital
Adobe to acquire Magento Commerce for $1.7bn
Technology firm Adobe has entered into a definitive agreement to acquire Magento Commerce, an e-commerce platform, for $1.68bn (£1.24bn). According…
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People Moves
Tony Hoggett appointed Tesco COO
Former Tesco Asia boss Tony Hoggett has been appointed to the newly created position of chief operations officer (COO) of…
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People Moves
Former Dixon Carphone boss appointed M&S director
Department store Marks and Spencer has appointed Katie Bickerstaffe and Pip McCrostie to its board as non-executive directors. Bickerstaffe was…
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People Moves
Mothercare CEO takes £132k pay cut and rejoins
Mark Newton-Jones has been re-appointed as CEO of Mothercare on a salary of £480,000. The former CEO is being reinstated…
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Advice
How to motivate your retail staff
Recent CV-Library research has revealed that 84% of retail workers have hit a career ‘slump’, where they felt their work…
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Advice
Why retailers should be using an omnichannel strategy to transform customer journeys
The basic principle of an omnichannel strategy is that retailers put customers (not platforms) at the centre of their customer…
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High Street
British Land submits plan for major retail development at Canada Water
Commercial property firm British Land has proposed a masterplan for a 1 million sq ft retail and leisure space at…
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Government
Mystery surrounds ownership of 57,227 UK companies
Around 57,227 British companies are still not complying with new measures brought in to counter fraud and money laundering, according…
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High Street
‘Royal wedding fever’ to boost retail spending by £195m
The royal wedding is set to boost retail sales across the UK by an estimated £195m by the end of…
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