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- 2025 -28 JanuaryEconomy
January sales see shop price deflation hit 0 .7%
January sales helped shop price deflation reach 0.7% in January, above deflation of 1.0% in the previous month, as retailers attempted to attract post-Christmas shoppers, according to the latest figures from the BRC-NilesenIQ Shop Price Index. Shop price annual growth is at its lowest rate since August 2021 as non-food…
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23 JanuarySupermarkets
Sainsbury’s to axe 3,000 roles and shut cafes and counters
Sainsbury’s is set to axe 3,000 roles across the business as part of restructuring plans that aim to “simplify” its central divisions and management structures.As part of its three-year Next Level strategy, there will be a 20% reduction in management roles, while it is also set to close its remaining…
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23 JanuaryGovernment
CMA appoints Doug Gurr as interim chair
Former Amazon boss Doug Gurr has been appointed as interim chair of the Competition and Markets Authority (CMA), in a bid to boost growth and support the economy. Gurr, currently the director of the Natural History Museum, will bring a wealth of experience in the technology sector as the former…
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22 JanuaryLuxury Goods
Mytheresa nominates Richemont CFO to board
Mytheresa has nominated Burkhart Grund, the chief financial officer of Richemont, as its new supervisory board member, subject to the completion of its Yoox Net-A-Porter (YNAP) takeover.The proposal is set to be voted on by shareholders at an extraordinary general meeting on 6 March, 2025. Last October, Mytheresa and Richemont…
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22 JanuaryClothing & Shoes
Boohoo shareholders reject Frasers’ bid to remove co-founder
Boohoo shareholders have “overwhelmingly” voted against the resolution proposed by Frasers Group that would see founder and group executive vice chair Mahmud Kamani removed as director from the company. At a general meeting held yesterday (21 January), 63.17% of shareholders voted against the resolution compared to 36.8% who voted in…
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21 JanuaryPeople Moves
THG Ingenuity appoints new CCO
THG Ingenuity has announced the appointment of Lucy Cooper as the new chief commercial officer. Cooper will play a pivotal role in driving THG Ingenuity’s ambitious growth agenda as it embarks on its next chapter following the demerger from THG PLC. She brings over 15 years of experience in growth…
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21 JanuaryPeople Moves
Mulberry financial director to step down
British luxury brand Mulberry has announced that Charles Anderson, group financial director, has notified the board of his intention to resign. While Anderson will step down from the board with effect from 31 January, he will continue to support the business until 1 August to “assist with the handover and…
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20 JanuaryPeople Moves
Portmeirion Group names new chairman
Portmeirion Group, the owner, designer, manufacturer and omni-channel retailer of homeware brands has announced Peter Tracey as its new non-executive chairman, effective from 1 February. The appointment comes after Dick Steele informed the board of his intention to step down from the board and his role as non-executive chairman. Steele…
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17 JanuaryPeople Moves
N Brown appoints Dene Jones as CEO of Retail
N Brown Group has announced the appointment of Dene Jones as the group’s new CEO of Retail. Jones will succeed Sarah Welsh, who last year confirmed her decision to leave the group after five years in post. He will commence his new role on 1 February 2025, leading N Brown’s…
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15 JanuaryElectrical
Currys raises profit outlook amid ‘strong peak trading’
Currys has revealed that it expects its profit-before-tax to land between £145-155m for the full year, 23-31% ahead of consensus expectations. It comes after the company saw its revenues rise 2% like-for-like in the UK and Ireland in the 10 weeks ended 4 January, what the company refers to as…
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