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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Jun- 2020 -29 JuneNews
Investors push for Trafford Centre sale
A Canadian investor is reportedly pushing for the sale of Intuโs Trafford Centre following Intuโs collapse, the Sunday Times has reported. The reports come only days after Intu collapsed into administration on Friday 26 June.ย Following the administration, control of Intuโs 17 shopping centres will be passed to their respective…
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26 JuneShopping Centres
Intu collapses into administration
Intu has officially called in administrators, after weeks of speculation that the group was on the brink of collapse.ย The retail property giant issued a statement this morning stating that it was โlikelyโ that the group would appoint administrators, after admitting that it had so far failed in reaching standstill…
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26 JuneCoronavirus
Intu admits appointment of administrators โlikelyโ
Shopping centre owner Intu has admitted that it has so far failed in reaching standstill agreements with landlords and therefore is โlikelyโ to appoint administrators. On 23 June 2020, Intu provided an update on discussions with key stakeholders to progress its standstill strategy ahead of the revolving credit facility covenant…
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26 JunePeople Moves
Card Factory CEO announces departure
Card Factory has announced the departure of CEO, Karen Hubbard, after four years in the role. During her time as CEO, Hubbard supported the transition of Card Factory from a recently listed company to an established plc. Prior to joining the card retailer, Hubbard held senior positions at B&M Retail,…
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24 JuneCoronavirus
Naked Wines reports ยฃ200m revenues in FY results
Naked Wines has reported a 14% increase in revenues to ยฃ203m for the full-year period ended 30 March, up from ยฃ178.4m the previous year. The company also revealed that losses before tax also reduced to ยฃ5.4m, compared with ยฃ10m in 2019. Naked Wines said the outbreak of the coronavirus pandemic…
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23 JuneCoronavirus
Shoe Zone to make redundancies as 20 shops close
Footwear retailer Shoe Zone has revealed that 20 of its stores will not open post-lockdown, resulting in a number of its staff being made redundant.ย The news comes after the company reported a loss of ยฃ2.5m for the 26 weeks to 4 April 2020, compared with a profit of ยฃ1m…
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19 JuneNews
Amazon UK boss to step down
The manager of Amazon UK has confirmed he is stepping down from the role, and is now set to assume the role of director at the Natural History Museum.ย Doug Gurr is currently the country manager of Amazon UK, and previously acted as president of Amazon China from 2014 to…
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18 JuneCoronavirus
Employers given 30 days to โconfessโ to furlough abuses
Legislation is currently being fast-tracked to allow HMRC to reclaim any furlough money overpaid to employers, or not spent on wages as intended. Although we do not have the final version of the legislation, employers should start addressing their minds to the claims they have made to date as soon…
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15 JunePeople Moves
Hammerson chair to step down
The board of Hammerson has appointed Robert Noel as the new non-executive chair of the company, succeeding David Tyler. Noel will join the board and take over the position with effect from a date โno later than 1 October 2020โ, at which point Tyler will step down from the company.…
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12 JuneCoronavirus
Curry’s PC World to reopen 131 stores as ‘tech help hubs’
Currys PC World has unveiled plans for a phased reopening of 131 of its stores from next week, initially opening as โTech Help Hubsโ to support customers with โexisting tech needsโ. Launching from Monday 15 June, the retailer said for the first three days its stores will be used to…
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