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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Feb- 2018 -27 FebruaryHigh Street
Michael Law to resign as Next’s group operations director
Next has announced that group operations director Michael Law is to step down as he prepares to retire this summer. After 23 years at the company, five of which were spent on its board, the fashion retailer has announced that Law will step down from the Next board of directors…
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22 FebruaryGovernment
Tesco to reveal gender pay gap statistics
Supermarket giant Tesco is the first in the UK to reveal its gender pay gap statistics. A report made by the group showed its median gender pay gap was 8.7%, which is below the UK average median pay gap of 18.4%, according to the Office for National Statistics (ONS). According…
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22 FebruaryClothing & Shoes
Guess co-founder steps down over ‘improper conduct’ allegations
The co-founder of fashion retailer Guess has relinquished his daily responsibilities at the company after allegations of “improper conduct”, which he denies. The board and Marciano agreed that he would step down from the business on an unpaid basis after allegations were made by model Kate Upton and other women.…
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20 FebruaryHigh Street
Philip Green says Arcadia sale rumours are ‘totally false’
Sir Philip Green and board members at the Arcadia Group have denied reports of being in negotiations to sell the company to a Chinese firm. Reports on February 18 claimed that Green was looking to sell parts of, if not all of, his retail conglomerate which owns Topshop, Miss Selfridge,…
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19 FebruarySport & Leisure
Church of England slams Sports Direct over treatment of staff
The Church of England has criticised Sports Direct founder, Mike Ashley, over his company’s “Victorian factory” working conditions. In a series of letters seen by the Press Association, the Church Commissioners – a group which manages the church’s £79bn investment fund – condemned the retail boss amid a series of…
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16 FebruaryNews
Lidl creates 700 new UK jobs
Discount supermarket Lidl has opened its 700th UK store, following the opening of five new stores in a single day. Lidl’s new stores opened in Edinburgh, Stockton, Hull, Polegate in East Sussex and Rosehill, in south London. As a result of 19 new shop openings in the first two months…
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9 FebruaryClothing & Shoes
New Look MD steps down following profit loss
The managing director of fashion retailer New Look has departed the company after five years in the position. This follows the news of the fashion retailer reporting a pre-tax loss of £123.5m for the past nine months. Barrasso’s departure is effective immediately from 9 February, and the retailer announced a…
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6 FebruaryAdvice
Popping Off? The pop-up shop looks set for a revival in 2018
While some of the UK’s favourite brands experienced a dip in footfall and an increase in online sales over the 2017 festive period, the death of the high street is a long way off. This is partly due to the habits of younger shoppers, whose interest in creating “experiences” has…
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6 FebruaryEconomy
Consumer spending grows 3.9% in January
Consumer spending increased 3.9% in January, partially driven by price increases that continued to drive uplifts in ‘essential’ spending. That is according to data from Barclaycard, which processes nearly half of the nation’s credit and debit card transactions. Spending growth on day-to-day necessities surpassed 4% for the first time in…
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5 FebruaryPeople Moves
Tesco appoints new UK CEO Charles Wilson
Tesco has appointed Booker Group boss Charles Wilson as the new CEO for its UK and Ireland retail and wholesale operations. Wilson will take over from current chief executive Matt Davies in April after the supermarket giants’ £3.7bn takeover of Booker. Tesco group chief executive Dave Lewis said: “I am…
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