Boots

Mothercare unveils new business model

Mothercare has announced the launch of a “more sustainable and less capital-intensive” business model going forward. The new model comes…

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Walgreens Boots Alliance CEO to exit

Walgreens Boots Alliance CEO Stefano Pessina has revealed plans to step down from the position. The board of directors said…

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Post-lockdown: keeping business afloat

Lawyers predict that 1 in 10 SMEs is set to collapse post-lockdown. This harsh reality means burying heads in sand…

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Harvey Nichols warns staff of redundancies

Harvey Nichols has reportedly warned staff they may be facing a slew of redundancies in the wake of coronavirus.  According…

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‘Hundreds’ of jobs to be axed at M&S

Marks and Spencer is expected to announce a raft of job cuts this week, becoming the latest high street casualty…

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Alex Russo appointed B&M CFO

Discount retailer B&M has appointed Alex Russo as CFO and executive director, with effect from 16 November 2020. Further to…

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Boots set to slash 4,000 jobs

Boots is reportedly set to slash almost 4,000 roles as it seeks to restructure its head office and store teams.…

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Mothercare seeks new lenders amid franchising plans

Mothercare has confirmed it remains “on track” to become a “profitable” international franchise operation, with plans to operate in around…

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BRC appoints Tony DeNunzio as new chairman

Tony DeNunzio CBE has been appointed as chairman elect of the British Retail Consortium (BRC). He will succeed Richard Pennycook…

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Boots reports 18% decrease in operating income amid Covid-19 virus outbreak

Health and beauty retailer Boots has reported a 18.7% decrease in operating income to $1.2bn (£973m) as a result of…

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