Senior directors on the future of retail

image(c)iStockphoto.com/Gunnar Pippel
With today’s consumer becoming ever more demanding, companies are rushing to ensure that they don’t get left behind in the new world of e-commerce, marketing and big data which will allow firms to personalise offers to customers on a level never seen before. Malcolm X said: “Tomorrow belongs to the people who prepar... read more...
04:29PM - Wed 9th July 2014
Jonathan Flynn, consultant at Odgers Interim

Why transformational change is driving demand for interim managers

Back in December 2012, my feeling was that retailers were shifting their focus from cost reduction to investing in their businesses which would, in turn, create opportunities for interim managers specialising in the sector. One thing is definite; ...
04:56PM - Thu 10th July 2014

Tesco poaches M&S finance chief

Tesco has announced that former Marks and Spencer CFO Alan Stewart has joined as chief financial officer (CFO).He will join following satisfaction of existing contractual obligations.Stewart has been chief financial officer at a string of high str...
02:55PM - Thu 10th July 2014
image(c)iStockphoto.com/Rich Legg

Retail charity aims to halt growing mental health issues

A leading retail charity has announced a new partnership which hopes to turn around the growing issue of stress and depression in the workplace.Retail Trust, the charity for the 4.5m people in the retail sector, has joined forces with Rightsteps W...
12:20PM - Thu 10th July 2014
image iStockphoto.com/Don Bayley

Has ‘Best Before’ reached its ‘Use By’ date?

What should get binned?From a lack of education on cooking and preparing food through to consumers’ eyes being bigger than their bellies, fingers have been pointed at many culprits for the waste problem. Attention has now fallen on a presumed cruc...
05:21PM - Wed 9th July 2014
Primark's existing New Street store

Primark buys The Pavilions shopping centre for £60m

Primark has confirmed it has bought The Pavilions shopping centre in Birmingham for around £60m.The 250,000 sq ft shopping centre will house a 150,000 sq ft four story Primark store which will employ nearly 900 people.430 staff will transfer from ...
05:11PM - Wed 9th July 2014

Ted Baker promotes veteran finance director to COO

Ted Baker has announced that veteran finance director Lindsay Page has been appointed as chief operating officer.The company said Page took up the job yesterday in addition to his role as group finance director.Charles Anderson has been appointed ...
03:55PM - Wed 9th July 2014
A Thorntons store in Cardiff

Thorntons closes 36 stores as it rebalances business

Thorntons has seen FMCG revenue offset declining retail revenue as it continues to rebalance its business.Group FMCG revenue rose 17.3 per cent which offset an 11.1 per cent decline in revenue in stores. Like-for-like retail revenue inched up 1.1 ...
10:08AM - Wed 9th July 2014
Greggs' digital loyalty app also ranked highly

Google Glass most innovative digital retail product

Leading retailers have given their view on the most innovative retail technologies set to launch on the British market in 2014.Google Glass took the top spot, closely followed by DPD ‘Follow my Parcel’ and InPost/ London Underground lockers. The t...
09:43AM - Wed 9th July 2014
A Dunelm store

Dunelm grows profit to £116m

Homeware chain Dunelm has posted a full-year profit of £116m as it successfully capitalised on the UK housing boom.The group, which sell blinds, bedding, curtains and kitchenware, increased profits by 7.4 per cent as its aggressive store expansion...
04:07PM - Tue 8th July 2014
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