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 -11 JunePeople Moves
CBI names Tony Danker as its next director-general
The CBI has announced that Dame Carolyn Fairbairn, who is stepping down as director-general in November, will be succeeded by Tony Danker, the current chief executive of Be The Business. Fairbairn had expected to complete her five-year term in September this year but agreed with the CBI board to extend…
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4 JuneClothing & Shoes
LVMH retreats from Tiffany takeover
Luxury powerhouse LVMH has announced that it will no longer go ahead with its proposed takeover of Tiffany & Co in light of “recent market rumours” amid the pandemic. LVMH had initially announced a “definitive” agreement with the luxury jewellers last November, whereby it outlined its intention to acquire the…
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3 JuneSport & Leisure
Angling Direct reports £1.5m net loss in FY results
Fishing tackle and equipment retailer Angling Direct has reported net losses of £1.5m in its full-year results, attributing the decline to “adverse” post-Christmas trading due to “exceptional flooding”. For the year ended 31 January 2020, the retailer also reported EBITDA losses (pre IFRS 16) of £500,000 compared with £300,000 in…
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2 JuneSupermarkets
Sainsbury’s CEO reveals new appointments to operating board
Sainsbury’s new chief executive officer, Simon Roberts, has made two changes to the ‘Big Four’ grocers operating board. Clo Moriarty, previously chief digital director, will take on the new role of retail and digital director. Mark Given, Sainsbury’s chief marketing officer, has been promoted to the operating board. Moriarty has…
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2 JunePeople Moves
Tesco CFO Alan Stewart announces plans to step down
Tesco has announced that CFO Alan Stewart has decided to retire from the position and leave the company on 30 April 2021. The company board is now conducting both an internal and external search to identify a successor. Stewart joined the grocer in 2014, as a member of the board…
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2 JuneCoronavirus
Card Factory profits slide in full-year results
Card Factory has revealed that its underlying profit before tax fell 11.8% to £67.2m for the year ended 31 January 2020. In the same period, like-for-like sales were down 0.5%, reflecting “weak” consumer confidence and a decline in high street footfall in the second half of the year. Nonetheless, the…
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May- 2020 -29 MayCoronavirus
Eve Sleep reports revenues ‘in line’ with expectations
Eve Sleep has reported its group revenues have been “in line with expectations” for the four months ended 30 April, despite the Covid-19 pandemic. In the period to 30 April, the retailer reported net cash of £7.5m compared with £8m in its previous update (31 December 2019). Eve Sleep said…
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28 MayProperty
British Land sees over £1bn wiped off its property value
British land has seen over £1bn wiped off the value of its portfolio which it has attributed to a shift in online shopping that has been accelerated by the coronavirus pandemic. The value of its portfolio, which includes prime central London properties, fell by over 10% from £12.3bn to £11.2bn…
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28 MayHigh Street
McColls appoints Giles David as CFO
McColls Retail Group has announced the appointment of Giles David to its board as chief financial officer (CFO). David will join the group on 1 June having previously held the position of CFO at Casual Dining Group, a position he was appointed to in 2017. He has over 20 years…
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27 MayPeople Moves
Hammerson CEO David Atkins to step down
Shopping centre owner Hammerson has announced that its CEO, David Atkins, has decided to step down from his role. Atkins will remain in position until spring 2021 at the latest, while the board searches for his successor. Atkins joined the company in 1998 and was appointed as CEO in 2009.…
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