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People Moves
EG Group appoints Lord Stuart Rose as chair
The Issa Brothers’ EG Group has announced the appointment of Lord Stuart Rose as non-executive chairman with immediate effect. Lord…
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High Street
WH Smith postpones CEO’s £25k pay rise
WH Smith has revealed it has postponed its planned £25,000 pay rise for its CEO Carl Cowling, after 33% of…
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Clothing & Shoes
Frasers Group increases stake in Hugo Boss
Mike Ashley’s Frasers Group has increased its stake into luxury retailer Hugo Boss to around 15%. Frasers revealed it now…
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High Street
Footfall continues to decline but stays above Lockdown 1 levels
Footfall across UK retail destinations declined by -10.9% last week from the week before, but has managed to stay above…
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People Moves
Former Carillion boss to leave Tesco role
Alison Horner, the chief executive of Tesco’s Asia business and a former director at the collapsed construction company Carillion, is…
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DIY
Dunelm revenues up 11% despite store closures
Homeware retailer Dunelm has reported an 11.8% increase in revenues for the 13-week period ended 26 December 2020, despite having…
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News
Online sales growth hits 13-year high
UK online sales growth remained solid throughout December, coming in at +37% year-on-year (YoY) for the month and driving the…
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Clothing & Shoes
2,000 Edinburgh Woollen Mill jobs saved in rescue deal
Around 2,000 jobs are to be saved at Philip Day’s Edinburgh Woollen Mill Group after international investors agreed a deal…
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Property
Landsec collects only a third of December retail rent
UK landlord Landsec has revealed it has only managed to collect just over a third of the rent owed by…
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Coronavirus
British Land collects less than half of rent from retailers
Commercial landlord British Land has managed to collect less than half of the rent due from its retail tenants for…
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