Notice Period
This coverage examines notice period practices and policies in the UK retail sector, offering insights into contractual obligations, legal considerations, and workforce management implications. Reporting highlights how notice periods affect employee retention, turnover planning, and operational continuity, as well as how retailers adapt policies to reflect industry norms, seniority levels, and regulatory changes. Analysis supports retail executives, HR professionals, and managers in aligning notice period strategies with business needs and compliance requirements.
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Jun- 2025 -26 JuneOnline & Digital
Moonpig CEO to step down amid strong FY25
Moonpig CEO Nickyl Raithatha is set to step down after seven years in the role following a 12 month notice period, whilst the company also welcomed rising sales in its full-year results. The board has announced that the search for a successor has commenced and Raithatha will continue to lead…
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Aug- 2023 -16 AugustPeople Moves
Harvey Nichols CEO to step down
The CEO of Harvey Nichols, Manju Malhotra, has quit after 25 years with the company, The Telegraph has reported. Prior to her departure, Malhotra reportedly wanted to make significant changes after many loss-making years at the group, which operates eight department stores in the UK and Ireland. According to the…
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Feb- 2023 -7 FebruaryHigh Street
Victorian Plumbing appoints new CFO
Victorian Plumbing Group has revealed that Paul Meehan, the group’s chief financial officer, is set to step down and will be replaced by group director of finance Daniel Barton. Victorian Plumbing said that Meehans advised the board that he wishes to step down from his role on 31 March 2023…
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Dec- 2022 -2 DecemberClothing & Shoes
Asos interim CFO to step down
Asos has announced that the interim chief financial officer, Katy Mecklenburgh, will step down from her role at the company for the CFO position at Softcat plc. It is reported that Mecklenburgh will continue in her current role at Asos for the next six months, which is the agreed terms…
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Nov- 2022 -29 NovemberClothing & Shoes
N Brown Group CFO to step down
N Brown Group has announced that Rachel Izzard has notified the board of her intention to step down as group chief financial officer. Izzard will be leaving the group to take up a career opportunity outside of the online fashion and consumer credit industry. The retailer said that “the process…
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Sep- 2022 -21 SeptemberClothing & Shoes
JD Sports chair agrees £5.5m exit deal
JD Sports has reached an agreement with former chairman Peter Cowgill, which will see him receive £5.5m in an exit deal that will put him in a consultant position for the group following his departure last May. The arrangements include a binding set of covenants for a two-year period, replacing…
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16 SeptemberNews
B&M confirms CEO departure date
B&M has confirmed that Alex Russo will succeed Simon Arora as group chief executive officer on 26 September, the commencement of the second half of its financial year. The takeover was first announced on 31 May 2022, after Arora had announced his intention to step down as CEO on 22…
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Mar- 2021 -12 MarchHigh Street
Government announces eviction ban extension
The ministry of housing, communities, and local government has announced an extension to the ban of commercial evictions until 30 June. Introduced by Robert Jenrick, housing secretary, the measure is intended to ensure businesses are supported upon reopening. Alongside the commercial support package is a six-month notice period and bailiff…
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Sep- 2020 -14 SeptemberCoronavirus
Insolvent companies cost taxpayers £250m
Insolvent companies that were unable to pay their debts in the first six months of 2020 have cost British taxpayers almost £250m, according to Altus Group. The software group found that the amount paid to former members of staff was up by £133.79m in the period against the prior year,…
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14 SeptemberHigh Street
Arcadia Group ‘extremely sorry’ amid notice pay U-turn
Arcadia Group has agreed to pay the full salaries of head office staff facing redundancy, after backtracking on its initial plan to pay staff their furloughed salaries. Arcadia, whose high street brands include Topman, Topshop and Dorothy Perkins, initially planned to pay head office staff 50% of their notice pay,…
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