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Supermarkets
Tesco CEO pay doubles to almost £10m
Tesco CEO Ken Murphy has seen his pay more than double over the last year, taking home £9.93m, as the…
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News
Today’s news in brief-14/5/24
Walgreens Boots Alliance (WBA) is intensifying efforts to sell the Boots chain, engaging advisers for preliminary discussions with potential buyers.…
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Electrical
Currys ups full-year PBT guidance
Currys has revealed that it expects its full-year profit before tax to be between £115m-£120m, an increase from its previous…
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News
Today’s news in brief-13/5/24
The Very Group has named Nadhim Zahawi, former government minister and MP, as its new non-executive chair. Zahawi, who will…
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Department Stores
John Lewis appoints new fashion director
John Lewis has announced the appointment of Rachel Morgans as its new director of finance. Morgans is currently working as…
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News
Today’s news in brief-10/5/24
The UK economy has emerged from recession with a growth of 0.6% in the first quarter of 2024, surpassing economist…
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Department Stores
John Lewis cut 3,800 jobs in past year to reduce costs
The John Lewis Partnership has revealed that it cut 3,800 roles across the company in an effort to reduce costs.…
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News
Today’s news in brief-9/5/24
Frasers Group is reportedly finalising a deal to become the new partner of struggling retailer Ted Baker following the collapse…
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Luxury Goods
Selfridges boss blames job cuts on loss of tax-free shopping
Selfridges is reportedly set to cut 70 jobs with CEO Andrew Keith blaming the loss of tax-free shopping, according to…
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News
Today’s news in brief-8/5/24
Boohoo posted widened losses of £159.9m for the full year due to challenging market conditions and a strategic focus on…
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