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 -15 JanuaryPeople Moves
The Entertainer appoints new COO
Teal Group, the parent company of the UK’s leading toy retailer, The Entertainer, has announced the appointment of former John Lewis Partnership group supply chain director, Mark Robinson, as its new chief operating officer. He will join the business in March, from his current role as managing director of Wincanton…
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9 JanuaryNews-In-Brief
Today’s news in brief-9/1/25
The BRC-Nielsen IQ Shop Price Index showed shop price deflation at 1% in early December, up from 0.6% the previous month, reflecting strong discounting tied to a later Black Friday. Non-food prices fell sharply by 2.4%, though food inflation remained steady at 1.8%, its lowest since December 2021. BRC CEO…
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9 JanuaryPeople Moves
B&M shares fall as it lowers guidance
B&M has seen its shares fall 12% in early trading after it warned of a difficult trading period ahead, despite seeing its revenues surging 3.5% during the 13-week period from 29 September 2024 to 28 December 2024. It comes as its UK arm experienced a 2.8% increase in sales to…
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9 JanuaryClothing & Shoes
Boohoo urges vote against Frasers’ motion to remove founder
Boohoo has published a new letter urging shareholders to vote against an upcoming motion to remove Mahmud Kamani as director, following a demand by Frasers to oust the founder.In a new update, Boohoo said its board formed an independent committee composed of all directors other than Kamani to consider the…
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7 JanuaryNews-In-Brief
Today’s news in brief-7/1/25
Quiz has announced plans to delist from the London Stock Exchange, citing regulatory costs and financial pressures. The move requires a 75% shareholder majority, with founder Tarak Ramzan and key investors supporting the decision. Quiz reported a £4.7m pre-tax loss in the six months to 30 September, driven by inflationary…
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7 JanuaryPeople Moves
Former Coles chief executive to join Kingfisher board
Kingfisher has announced the appointment of former Coles CEO in Australia, Ian McLeod, to its board of directors as a non-executive director, effective from 20 January. A retail executive with over 40 years of experience across various different international markets, he most recently served as group chief executive at DFI…
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7 JanuaryClothing & Shoes
Quiz lender hires advisors ahead of delisting vote
Quiz’s principal lender has reportedly drafted in advisors to help the company explore restructuring options amid a “growing crisis” at the retailer.According to Sky News, HSBC hired restructuring experts from Interpath Advisory ahead of a vote on delisting from the London stock market. Quiz reportedly plans to hold a shareholder…
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3 JanuaryLuxury Goods
Watchfinder losses hit £12.6m in FY24
Watchfinder has reported a pre-tax loss of £12.6m during the year ended on 31 March 2024. Sales for the retailer dipped from £101m in 2023 to £93m during the period as the group admitted that a “difficult” economic environment impacted its trading. According to accounts filed at Companies House, the…
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Dec- 2024 -23 DecemberNews-In-Brief
Today’s news in brief-23/12/24
Fashion retailer Quiz plans to delist from the Alternative Investment Market (AIM) and re-register as a private company following weak sales and financial strain. A shareholder vote, requiring a 75% majority, is scheduled for 8 January 2025, with the transition set for 23 January if approved. The company cited regulatory…
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23 DecemberClothing & Shoes
Quiz proposes stock market exit amid financial difficulties
Quiz has proposed plans to cancel its listing on the Alternative Investment Market (AIM) and re-register as a private company as a result of financial difficulties. The retailer is seeking investor approval for the move at its next general meeting scheduled for 8 January 2025. The vote will need a…
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