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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Jan- 2018 -31 JanuaryHigh Street
HSBC names Charlie Nunn CEO of retail banking, wealth management
Banking group HSBC has appointmented Charlie Nunn as the new CEO of retail banking and wealth management. Nunn was previously the head of group retail banking and wealth management, leading the teams supporting HSBC’s retail and wealth businesses globally. He joined HSBC in 2011 and was appointed a general…
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24 JanuaryClothing & Shoes
Shopping app Depop secures £14m for expansion
Social shopping app, Depop, has secured $20m (£14.1m) in Series B funding in order to help accelerate its global expansion. The app, founded in 2012, currently has over 8 million users and posted $230m (£163.1m) gross merchandise volume in 2017. Depop said the funds will be used for “global growth…
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23 JanuaryElectrical
Mark Gifford resigns as Game’s CFO
Video game retailer Game has announced the resignation of its chief financial officer Mark Gifford. Gifford informed the board of his intention to leave so that he can focus on his other business and personal interests. An executive search has commenced to identify a suitable successor to his position. Commenting…
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22 JanuaryHealth & Beauty
Holland & Barrett appoints new managing director
Health and wellness retailer Holland & Barrett has appointed Steve Carson to the newly created position of managing director. Carson was previously director of retail and customer operations at Sainsbury’s and Argos, responsible for around 840 stores. He will oversee the day-to-day running of Holland & Barrett, driving further growth…
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17 JanuaryClothing & Shoes
Seasalt reports record breaking Christmas sales
Cornish fashion brand Seasalt has reported a record year for Christmas trading, with overall sales up 52% for the five weeks leading up to 6 January 2018. Strong sales growth was recorded both online and in-store, with 72% online year-on-year growth and store sales up by 40%. Additionally, international sales…
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16 JanuarySport & Leisure
JD Sports raises profit forecast after strong Christmas
Sportswear and outdoor retailer, JD Sports, has raised its annual profit forecast after continuing a strong performance through the second half of 2017 with an “encouraging” Christmas period. Group profit before tax for the year to February 3 is expected to reach £300m, ahead of analyst expectations of £270m –…
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12 JanuaryEconomy
B&M reports sales increase of 22%
Discount retailer B&M has reported an increase in total sales of 22.7% on a constant currency basis, which were boosted by record Christmas trading. On an actual currency basis, total sales climbed by 22.9% to £969.8 million. UK sales revenue for the B&M store estate in the 13-week period…
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8 JanuaryUncategorized
Lidl Unveil plans for its largest UK warehouse
Lidl has announced plans to build its largest warehouse yet, creating up to 1,000 new jobs. The supermarket has exchanged contracts with Houghton Regis Management, a consortium of Aviva Investors, LIH and the Diocese of St Albans, on a 58-acre site in Luton. The new regional distribution centre (RDC) will…
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Nov- 2017 -20 NovemberAdvice
How small retailers can survive the bumper sales weekend
Last year, UK shoppers set new records; with total sales on the Friday reaching £1.23 billion, a 12.2% increase on 2015, and while it has proven to be a success for some big-name retailers – last year John Lewis saw five orders placed every second, beating expectations – not all retailers are…
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