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- 2020 -20 AprilCoronavirus
DFS remains ‘confident’ as it plans equity raise
DFS has confirmed that it is in the advanced stages of negotiating an additional debt facility amid the ongoing coronavirus pandemic. The furniture retailer is now seeking between £60m and £70m of funding with its existing lending banks in order to supplement its existing bank facility of £250m. This additional…
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15 AprilCoronavirus
Quiz reopens online operations
British Fashion retailer Quiz has revealed it has reopened its online operations after it added “additional safety measures” to keep its employees safe. Quiz stores have been closed since the 22 March with its online operations also closing a couple of days later. However, it has now taken the decision…
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9 AprilSupermarkets
Tesco defends £635m dividend payout
‘Big Four’ grocer Tesco has defended its £635m dividend payout to shareholders, despite it receiving a £585m tax break. Last night (8 April), the company’s board approved a final dividend of 6.50p, bringing the full-year dividend to 9.15p. According to the Guardian, Tesco chairman John Allan said paying its shareholders…
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9 AprilCoronavirus
Arcadia seeks £50m in funding
Sir Phillip Green is reportedly seeking out £50m to prop up Arcadia Group amid the ongoing coronavirus crisis. According to Sky News, Green’s retail empire has approached banks and hedge funds in regards to borrowing £50m against its distribution centre in Daventry, Northamptonshire. The site, which opened last year, functions…
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7 AprilPeople Moves
Eve Sleep promotes Cheryl Calverley as CEO
Sleep wellness brand Eve Sleep has announced CEO, James Sturrock, has informed the board of his intention to step down from his role with chief marketing officer Cheryl Calverley being promoted. Effective from 12 May 2020, Sturrock is stepping down from the position to take-up a new external role, but…
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6 AprilCoronavirus Featured Content
Coronavirus and the Retail Property Sector
Coronavirus continues to spread across the world and many countries have now established strict social distancing measures to halt its transmission. This includes government requirements in the UK that all non-essential businesses close their doors for the foreseeable future. While the effects of the virus can be felt in every…
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3 AprilPeople Moves
Fenwicks CEO and non-executive chair to exit
Department store chain Fenwicks has announced that its CEO and non-executive chair are to exit the company. Robbie Feather will step down as chief executive and be succeeded by John Edgar, an “experienced” retail executive who spent periods as chief financial officer of both Selfridges and Harrods. Most recently Edgar…
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3 AprilClothing & Shoes
Arcadia bosses to face 50% pay cuts as 14,500 staff furloughed
Philip Green’s Arcadia Group has announced it has placed 14,500 members of staff on government furlough and has revealed its executive team will take a salary reduction of up to 50%. The group, which closed its stores around two weeks ago, said it “remains unclear” how long these closures will…
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3 AprilClothing & Shoes
Primark execs take 50% pay cut
Primark bosses have revealed that they will slash their pay in half in light of the ongoing coronavirus crisis. George Weston, chief executive of parent group Associated British Foods, and finance director John Bason have both requested that their base pay be reduced by 50% on a temporary basis. Paul…
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2 AprilCoronavirus Featured Content
Coronavirus changing UK’s shopping habits, survey reveals
A new weekly survey has revealed how UK consumers’ relationships with a range of sectors is “changing” as a result of the coronavirus pandemic. The Coronavirus UK Consumer Tracker from research firm Rare analysed in-store and online purchasing behaviour in the retail, grocery, DIY, beauty, entertainment and alcohol sectors. Compiled…
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