Board
This coverage highlights board-level developments shaping the UK retail industry, from executive appointments and leadership reshuffles to governance strategy and corporate direction. Retail Sector reports on boardroom changes across major retail brands, supermarkets, and e-commerce operators, analysing how leadership decisions influence company performance, culture, and market positioning. Coverage includes director appointments, succession planning, governance best practices, and strategic decision-making at the highest levels. For retail professionals, these insights illuminate how leadership dynamics drive operational change, investor confidence, and long-term growth across the sector.
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Apr- 2025 -30 AprilPeople Moves
B&M’s chief financial officer appointed interim CEO
B&M has announced the appointment of chief financial officer Mike Schmidt to the role of interim chief executive, effective immediately. The news comes as former chief executive Alex Russo, who joined the discounter in 2020, officially retired today (30 April) after three years in the role. In a very short…
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30 AprilLuxury Goods
Burberry kickstarts search for new chair
Burberry has kicked off the official search for a new chairman to replace Gerry Murphy, Sky News has revealed. According to insiders, Murphy, who also chairs Tesco, is not expected to step down this year but exact timings have not been decided yet. The news comes as last summer Sky…
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28 AprilNews-In-Brief
Today’s news in brief-28/4/25
Mohsin Issa, co-founder of EG Group, has stepped down as CEO but will retain a significant minority stake and remain on the board as a non-executive director. Russell Colaco, the current CFO, will take over as CEO, bringing extensive international retail and investment banking experience. The move reflects EG Group’s…
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28 AprilOnline & Digital
Deliveroo CEO set for £172m payout from DoorDash takeover deal
Deliveroo co-founder and chief executive Will Shu could receive a £172m payout if the board approves a £2.7bn bid deal from DoorDash, The Times has revealed. The UK delivery company announced on Friday (25 April) that it had received a takeover proposal from the larger American rival at a price…
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28 AprilPeople Moves
Asda co-owner Mohsin Issa steps down as EG Group CEO
EG Group has announced that co-founder Mohsin Issa will step down as chief executive, with current group chief financial officer, Russell Colaco, taking over the role. Issa will, however, retain a “substantial” minority shareholding and remain on EG’s board as a non-executive director of the business. Colaco, who joined the…
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25 AprilNews-In-Brief
Today’s news in brief-25/4/25
The John Lewis Partnership has appointed Andy Mounsey as its new chief financial officer, effective immediately. Mounsey, who had been serving as interim CFO since last autumn, brings 13 years of experience within the business, including roles as Group Finance and Strategy director. A chartered accountant with prior experience at…
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25 AprilPeople Moves
John Lewis Partnership appoints new CFO
The John Lewis Partnership has announced that Andy Mounsey has been appointed as chief financial officer. Mounsey will take up the permanent role with immediate effect, having held the CFO position on an interim basis since the autumn. Mounsey, who previously held the position of the Partnership’s Group Finance and…
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23 AprilNews-In-Brief
Today’s news in brief-23/4/25
THG has rejected an unsolicited takeover bid for its Myprotein brand from Selkirk, describing the offer as “undervalued” and lacking sufficient funding. The proposal, which valued Myprotein between £400m and £600m, was largely structured in Selkirk shares, with additional cash payments dependent on new equity and debt issuance. THG’s board…
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23 AprilFeatures
How the US tariffs could redefine the future of UK retail
The UK retail industry is bracing for disruption as the US prepares to enforce a sweeping set of tariff increases, marking what experts are calling the most consequential shift in global trade policy in over a century. With economic, operational and consumer-facing impacts already being felt, British retailers must now…
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23 AprilHigh Street
Weston family secures robust returns amid strong retail performance
Wittington Investments, the parent company behind Primark and Fortnum and Mason, has reported increased profits across its retail portfolio, going against wider economic trends. The company, which is owned by the Weston Family, paid out £154m in dividends in the year ended 14 September 2024, up from £128m the year…
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