Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

The Works forced to close stores amid cyber security incident

The Works forced to close stores amid cyber security incident

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

The Works has confirmed it has been victim to a cyber security incident involving unauthorised access to its computer systems, which led to several temporary store closures.

The retailer said the incident caused “some limited disruption” to trading and business operations, including the closure of some stores due to till issues. Replenishment deliveries to its stores were also suspended temporarily and the normal delivery window for online orders was extended.

Store deliveries are expected to resume “imminently” however, and the group said the normal online service levels are “progressively being reintroduced”. It added that it does not currently “anticipate that this incident will have a material adverse impact on its forecasts or financial position”.

It said: “Customers can continue to shop safely at The Works, both in store and online. All debit and credit card payment data are processed securely outside the group’s systems, via accredited third-party networks and, therefore, there is no risk that this payment data has been accessed improperly.”

Since being alerted to the incident by its security firewall, The Works has taken several actions to protect the business and customers:

  •   As a precautionary measure, it disabled all internal and external access to its systems, including email, whilst it worked with its advisors to evaluate and rectify the situation
  •   External forensic cyber security experts have been appointed whose investigations and recovery work are ongoing
  •   To protect customers and the business, it has made some immediate protective changes to further strengthen its security position
  •   Whilst payment data has not been compromised, it has not yet been possible to establish the full extent to which any other data may have been affected and therefore, as a precautionary measure, it has informed the Information Commissioner’s Office
Previous Post
Boots gender pay gap drops to 2.7%

Boots gender pay gap drops to 2.7%

Next Post
Moonpig annual revenues to hit £300m

Moonpig annual revenues to hit £300m