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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Jul- 2021 -22 JulyHigh Street
Ryman selects new CEO
Ryman has announced that it has hired Peter Birks as its new CEO, with effect 2 August 2021. He brings with him 15 years of experience as an executive leader, with a record in delivering growth and โmaximisingโ operational efficiencies within multichannel organisations. He has held leadership roles in retailers…
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21 JulySupermarkets
CD&R considering second Morrisons bid
American private equity firm Clayton Dubliner and Rice (CD&R) is reportedly considering making a second bid for UK supermarket chain Morrisons.ย According to The Times, CD&R is said to be working on a financial package with JP Morgan, Goldman Sachs and BNP Paribas. CD&R failed with a ยฃ5.5bn bid last…
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21 JulyOnline & Digital
MySale returns to profitability in FY21
Online retailer MySale has welcomed a period of โexcellent progressโ in the full-year ended 30 June 2021, returning to profitability with underlying EBITDA ahead of market expectations at A$4.2m (ยฃ2.3m),ย A$6.9m (ยฃ3.7m) from the A$2.7m (ยฃ1.4m) loss in FY20. While core revenue rose by 14%, group total revenue fell by…
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20 JulySupermarkets
Apollo pulls out of solo Morrisons bid
Apollo Asset Management has revealed it will no longer push ahead with a solo takeover offer for UK supermarket Morrisons, but said it is in discussions to join a rival bid.ย In a statement released today (20 July) the company said it is in โpreliminary discussionsโ to join forces with…
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19 JulyClothing & Shoes
Weird Fish raises over ยฃ250k for charity
Clothing brand Weird Fish has announced that it has raised over ยฃ250,000 through its initiatives with charity partners including the RSPB and Battersea Dogs and Cats Home. The retailer began its partnership with wildlife conservation charity RSPB in 2015, and has since raised ยฃ174,000 through the sales of nearly 30,000…
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19 JulySupermarkets
Morrisons set to unveil plans for chekout-less store
Morrisons is reportedly set to unveil plans for a checkout-less store, allowing customers to place their shopping straight into their bags and leave the store. According to reports first revealed by the Mail on Sunday, the grocer is currently trialling a store for its staff outside of its HQ in…
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15 JulyPeople Moves
Burberry non-exec director Dame Carolyn McCall resigns
Burberry has announced that Dame Carolyn McCall is set to retire as a non-executive director at the company. McCall will step down from her role on the board following the close of the financial year on 2 April 2022. Currently the chief executive at ITV, McCall, has also served a…
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12 JulyClothing & Shoes
Quiz sales hit ยฃ17.3m amid online boost
Fashion retailer Quiz has revealed that total sales for the period between 1 April 2021 to 30 June 2021 hit ยฃ17.3m, up from ยฃ4.2m the prior year, which was consistent with the board’s expectations. The increase was attributed to sales rising in the groupโs websites, which saw sales total ยฃ4.6m…
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9 JulySupermarkets
Morrisons CEO to discuss takeover with business secretary
The CEO of Morrisons is to meet with business secretary Kwasi Kwarteng next week to discuss the potential takeover of the business by a consortium led by an US investment firm. According to The Times, Kwarteng has asked CEO David Potts to explain the reasoning behind the companyโs decision to…
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6 JulyAdvice
Retail sector valuations in the current climate
The current pandemic has caused widespread disruptionย toย theย retail sector,ย with many struggling to maintain a healthy cashflow and revenues and profits down on previous years. Knowing the different types of valuation methods and when to use them can help business owners know what their company is worth now, helping to support their…
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