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On this episode of Talking Shop, we're joined by Dan Cate, CEO and Founder of SoldThrough. Dan is a heavyweight retail executive who has spent decades steering the merchandising and digital operations of America’s most iconic retail institutions, from Saks Fifth Avenue and Bloomingdale’s to Century 21 and Lord & Taylor. Today, through his platform SoldThrough, Dan helps international fashion brands cross the Atlantic and crack the notoriously brutal U.S. retail landscape. We break down his journey from the shop floor to the C-suite, the operational indicators that prove a brand is truly ready for international expansion, and how to navigate a fragmented American market without destroying your margins. We also discuss how to balance localised inventory with central efficiency, and the one non-negotiable metric that tells you a product has found genuine market fit.

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Morrisons is to close four stores putting 400 jobs at risk it has confirmed.

The ‘Big Four’ grocer revealed stores in Crawley, its Regents Circus store in Swindon, Shirley in Solihull and its Ince store in Wigan are all set to close following a review of its portfolio of 494 stores.

Morissons said that it would consult with the staff affected by the closures with aims of redeploying them where possible.

Reports suggest around 128 members of staff are set to be affected at its Crawley store, with around 113 cuts expected in Swindon.

A spokesperson for the firm said: “We are constantly reviewing opportunities for new stores and the performance of our existing estate. We are planning to invest in four new stores this year and we are regrettably proposing to close four.

“We will now be going through a consultation process at the stores and will be discussing how to reduce redundancies and, where possible, redeploy our highly valued colleagues within the business”.

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