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Advice
Accelerating retail transformation to drive growth
Retailers have faced a tough year. Stay-at-home orders and the resulting shift to online saw buyer behaviour altered. Consumers across…
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M&A
US investment firm acquires 10% Boohoo stake
Boohoo has announced that T Rowe Price, a US investment firm, has acquired a 10% stake in the company. The…
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People Moves
Abercrombie announces ESG senior VP appointment
Global apparel and accessories retailer Abercrombie and Fitch Co has announced the appointment of Michael Lopez as senior VP for…
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Supermarkets
Sainsbury’s mulls sale of banking arm to Centerbridge
J Sainsbury is reportedly mulling the sale of its banking arm to US-based private equity firm Centerbridge Partners for a…
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Government
Contactless limit to hit £100 in October
The Government is set to raise the contactless card spending limit from £45 to £100 from 15 October 2021. Initial…
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Supermarkets
EG Group revenues soar 57.7% in Q2
Blackburn-based retail giant EG Group saw total revenues soar 57.7% year-on-year to $6.51bn (£4.75m) in Q2 FY21. The new Asda…
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People Moves
Coca-Cola announces Herbert Allen’s director retirement
The Coca-Cola Company has announced that Herbert Allen has retired from his role as director after 39 years at the…
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Supply Chain
Supermarket leaders warn of Christmas supply shortages
Supermarket leaders from across the UK have warned of supply chain issues over the Christmas period due to the ongoing…
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People Moves
Capri Holdings names Joshua Schulman as Michael Kors CEO
Capri Holdings has named Joshua Schulman as the new CEO at Michael Kors, effective immediately. The group also revealed that…
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HR
UK must follow Scottish example to protect retail workers, says BRC
The British Retail Consortium (BRC) has called upon the UK Government to follow Scottish Parliament in implementing legislation that will…
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