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People Moves
Pepco Group CEO steps down
Pepco Group has confirmed that Trevor Masters has stepped down as CEO of the company with immediate effect. Andy Bond,…
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Clothing & Shoes
Birkenstock files for IPO
Birkenstock has filed for an IPO in New York, targeting a valuation of more than $8bn (£6.4bn), according to The…
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Economy
Wage growth starts to outpace rate of inflation
Pay growth has caught up with the rate of inflation for the first time in nearly two years, as wages…
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High Street
John Lewis boss calls for review into town centres amid looting fears
The boss of John Lewis has warned that high streets could become a “looting ground” for criminals if change is…
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Clothing & Shoes
Ann Summers plans expansion amid strong FY results
Ann Summers has seen its turnover rise by 7.4% to £100.1m in the year ended 25 June 2022, with plans…
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Supermarkets
Waitrose staff warned of job losses amid shift overhauls
Waitrose staff have reportedly been warned that their jobs could be at risk as the retailer looks to change work…
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High Street
Wilko to axe 1,300 jobs and close 52 stores
Wilko is set to close 52 stores and make 1,300 redundancies across the business as rescue talks for the retailer…
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High Street
B&M eyes Wilko deal as Putman offer falters
B&M could reportedly be in line to acquire a number of Wilko stores after rescue talks with HMV owner Doug…
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High Street
HMV owner secures creditor backing for Wilko rescue deal
Administrators to Wilko have reportedly secured the backing of creditors for a rescue deal led by HMV owner Doug Putman…
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Supermarkets
Lidl unveils further pay increase for staff
From today, 24,500 Lidl GB employees will receive one of the highest hourly wages in the sector, receiving up to…
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