// ScS has said that its chief financial officer Chris Muir plans to step down from the business
// In a statement, the company said the process to identify a successor will begin immediately
ScS has said that its chief financial officer Chris Muir has notified its board that he will be stepping down.
Muir has a 12-month notice period and will remain with the business while a replacement is appointed and to facilitate a smooth handover.
The furniture and flooring retailer said a process to identify his successor has begun immediately.
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Prior to joining the retailer in 2016, he held the role of group finance director at Northgate.
Back in October, the business said that shoppers are putting off big-ticket purchases amidst economic uncertainty as the cost-of-living crisis rages on, despite posting an 8.6% rise in full-year revenue after making good progress in the first year of its new strategy.
In a trading update, it said the rise in interest rates and mortgage costs will reduce its customer’s spending power and make it more costly to offer its own interest-free credit.
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