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- 2024 -15 AprilPeople Moves
Kingfisher chair to step downย
Kingfisher has announced that Andrew Cosslett is set to step down as chair of the companyย after seven years as chair of the board. He has decided not to stand for re-election and will therefore step down from the board at the conclusion of the company’s AGM on 20 June.ย ย …
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12 AprilHigh Street
Majestic Wines owner Fortress acquires Poundstretcher
Poundstretcher has been acquired by Fortress, owner of Majestic Wines, after owner Aziz Tayub retired. As part of the transaction former Morrisons group commercial director Andy Atkinson has been appointed as the companyโs CEO and Tristan Phillips will resume his role as CFO. Furthermore, Trevor Strain, former Morrisons operating and…
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9 AprilNews
ProCook Q4 revenues jump 4.8%
ProCook has revealed that its revenues jumped 4.8% up to ยฃ13.2m for the 12 weeks ended 31 March 2024. As a result of this the board expects its full-year underlying PBT for FY24 to be between ยฃ0.5m to ยฃ1.0m, marginally ahead of market expectations. Furthermore, the companyโs total like-for-like revenue…
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9 AprilNews
The Very Group promotes Robbie Feather to CEO
The Very Group, operator of digital retailer Very, has promoted Robbie Feather to the position of group CEO succeeding Lionel Desclรฉe, who has chosen to step down and pursue new opportunities.ย Feather, who joined The Very Group in 2021, previously led the companyโs retail team, which includes all category sourcing,…
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8 AprilElectrical
Currys shareholder calls for mobile phone business sale
Currys shareholder JO Hambro has called upon the business to sell its mobile phone business ID Mobile, according to The Sunday Times. ID Mobile is valued at around ยฃ350m and this news follows two failed takeover bids for the electrical retailer. Last month, both US investor Elliott and Chinese retail…
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8 AprilPeople Moves
John Lewis Partnership appoints Jason Tarry as chairman
The John Lewis Partnership has announced it has appointed ex-Tesco UK boss Jason Tarry as its seventh chairman following Sharon Whiteโs decision to step down at the end of her term. Tarry brings over 33 years of experience at Tesco where he was most recently the UK and Ireland CEO,…
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4 AprilNews
Today’s news in brief-4/4/24
In March, UK retail footfall experienced a modest increase of +1.7% compared to February, signalling a stabilising trend according to MRI data. Retail parks led the rise with a +4.3% increase. Despite mid-month declines, the week leading to Easter saw footfall rise by +10.3%. Although impacted by weather and holiday…
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4 AprilPeople Moves
A.F. Blakemore appoints new chief people officer
A.F. Blakemore, one of the UKโs largest privately owned family businesses, has appointed Nicola McIntosh as its new chief people officer, effective 20 May. McIntosh joins the company from Rotherham, Doncaster, and South Humber NHS Trust, where she served as executive board director of People and Organisational Development. In this…
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2 AprilNews
Today’s news in brief-2/4/24
Superdry CEO Julian Dunkerton’s plans for a takeover have fallen through, leading to an extension of a ยฃ20m funding facility with Hilco. Dunkerton, while remaining committed to the business, does not intend to make an offer, according to a statement on the London Stock Exchange. Talks of a possible equity…
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2 AprilHigh Street
Frasers appoints boyfriend of Mike Ashleyโs daughter to board
Frasers Group has appointed a director to its board who is reportedly in a relationship with founder Mike Ashleyโs youngest daughter. According to the Sunday Times, the Sports Direct owner promoted David Al-Mudallal, 31, the chief operating officer, to its main board as an executive director last month. Al-Mudallal, who…
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