London

HSBC to cut 35,000 jobs, new chancellor sticks to schedule, Bezos creates $10bn ‘Earth fund’

HSBC has announced plans to cut 35,000 jobs over the next three years after a dire set of financial results.…

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Book Smart: Why the independent bookshop is here to stay

The bookselling industry is subject to constant speculation. In a world where Amazon founder and CEO Jeff Bezos reigns and…

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The evolution of the Ikea experience: What’s next?

With the news last week that Ikea is to shut its first big UK outlet in Coventry, we can take…

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Forever 21 rescued by landlords in £62m deal

Two of Forever 21’s largest landlords have reportedly been given the go-ahead to acquire the company out of bankruptcy in…

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Retail footfall bounces back in January after quiet December

Footfall in non-food stores in the UK fell by just 0.5% year-on-year in January according to Ipsos Retail Performance’s latest…

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Sainsbury’s Bank chairman departs after seven years

Roger Davis is to step down as chairman of Sainsbury’s Bank after nearly seven years in the role. Davis has…

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Administrations up 5% in 2019

The number of companies falling into administration across England and Wales increased by just under 5% in 2019, according to…

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M&S appoints Eoin Tonge as new CFO

Marks and Spencer has appointed Eoin Tonge as its new chief financial officer. Tonge is currently the CFO of Greencore…

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Ocado ditches Waitrose; Bill gates orders £500m beast-yacht; Boris to lower immigration wage threshold

A busy start to the week in the business pages. As the coronavirus story unfolds I am reluctant to spend…

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Customer focus and innovation at the heart of the new retail paradigm

The CX Exchange for Retail is the annual meeting place for the most senior names in the industry to connect…

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