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- 2024 -15 JanuaryNews
Morrisons owner appoints ex-Tesco CEO Dave Lewis as operating advisor
Morrisons owner Clayton, Dubilier and Rice (CD&R) has today (15 January) announced the appointment of Sir Dave Lewis as an operating advisor to CD&R funds. Lewis will draw on his more than 30 years of leadership experience within the global consumer goods and retail sectors to support the firm in…
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12 JanuaryClothing & Shoes
Authentic Brands acquires Sperry
Authentic Brands Group has announced the acquisition of Sperry, an American heritage footwear brand. As a result of this the Aldo Group comes on board as Sperry’s North American operating partner for wholesale, e-commerce and store operations. The brand is renowned for its iconic boat shoes and has heritage spanning…
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11 JanuaryNews
Today’s news in brief-11/1/24
Marks & Spencer emerged as the top-performing grocer in volume growth during the Christmas period and the quarter. Food sales rose by an impressive 10.5%, with like-for-like sales up 9.9%. Clothing and home sales also experienced growth of 4.8%, attributed partly to reduced promotions. Supply chain improvements contributed to better…
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11 JanuaryClothing & Shoes
Frasers Group appoints new joint broker
Frasers Group has announced the appointment of Jefferies, a full-service investment banking and capital markets firm, as its new corporate broker. Jefferies will replace Liberum as the company’s joint corporate broker, alongside Barclays Bank plc and Deutsche Numis, with immediate effect. Frasers said: “The board of Frasers wishes to thank…
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9 JanuaryNews
Today’s news in brief-9/1/24
The UK saw record-breaking grocery sales of £4.8bn during the week ending December 23, 2023, representing a 4.3% increase compared to the previous year. Aldi and Lidl continued to outperform the market, with a combined market share increasing to 20.1%. Total spending on groceries increased by £657m over the four…
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9 JanuaryPeople Moves
N Brown appoints new director of supply chain
N Brown Group has announced the appointment of Clare Empson as its new director of supply chain. According to N Brown, the appointment is in line with existing “succession” plans for the group’s current director of supply chain, Phil Barnes, who confirmed last year that he will retire in the…
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4 JanuaryNews
Food and health and beauty to perform better in 2024
Food and health and Beauty are expected to be two of the best performing retail categories for 2024, according to predictions from the KPMG/RetailNext Retail Think Tank (RTT), an independent board of retail experts. In its latest 2024 Retail Outlook report, the RTT predicts a return to volume growth in…
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3 JanuaryNews
Today’s news in brief- 3/1/24
Asda has appointed Matt Kelleher, former Chief Information Officer at Morrisons, as its first Chief Digital Officer. Kelleher will be responsible for data and ecommerce functions, leading all technology functions after completing the ongoing technology transformation project ‘Future.’ This move is part of Asda’s long-term ambition to become the UK’s…
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3 JanuaryOnline & Digital
THG backs director after shareholder revolt
The board of THG has backed a non-executive director after his re-election was voted against by more than a fifth of shareholders at the company’s AGM. A “significant” number of votes were cast against a resolution relating to Iain McDonalds’ re-election in the AGM last June. However, following a review…
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2 JanuaryPeople Moves
The Co-op welcomes new board members
The Co-operative Group has announced the appointment of Moni Mannings and Luke Jensen as independent non-executive directors, effective from today (2 January) and 19 February respectively. Mannings joins as a highly regarded NED, SID and committee chair with a unique depth and breadth of board experience across a wide range…
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