Retail news

• Who wants to be a landlord to Mike Ashley or Philip Green?

  04-04-2019 21:11
  New Intu chief gets to enjoy what many consider the job from hell
  
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• What Saga's chief executive needed was a five-year plan | Nils Pratley

  04-04-2019 20:49
  The insurance market was already shifting when Lance Batchelor took overSaga has been “focused overly on the short term” and must return to its “heritage”, says its chief executive, Lance Batchelor, sounding like a new recruit hired to fix problems ignored by less far-sighted predecessors. But he’s been in charge for half a decade.Batchelor joined in March 2014, led the flotation two months later and set out his “clear vision” as to how to deliver &ldquo
  
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• Superdry chief in line for £730,000 payoff after protest resignation

  04-04-2019 20:14
  Euan Sutherland left after shock vote to reappoint Julian Dunkerton as board directorEuan Sutherland, the Superdry chief executive who walked out of the fashion group earlier this week in protest at a boardroom coup led by its co-founder Julian Dunkerton, is to be handed a £730,000 payoff.Sutherland, along with all the other board directors, resigned on Tuesday afternoon after a shock shareholder vote backed the reappointment of Dunkerton as a board director. Continue reading...
  
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• Jeff Bezos to keep control of Amazon stake after divorce

  04-04-2019 19:47
  MacKenzie Bezos will get $35bn of company stock but hand voting rights to her ex-husband
  
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• Pretty Green in Manchester is only shop to survive JD Sports rescue

  04-04-2019 16:25
  Sale of Liam Gallagher’s brand leads to loss of 11 stores, 33 concessions and 100 jobs All but one of Pretty Green’s stores and all its concessions are to close and 100 jobs will go as JD Sports buys Liam Gallagher’s fashion brand out of administration.JD Sports has bought the Pretty Green brand, online and wholesale business as well as a flagship store in Manchester, saving 67 jobs. Continue reading...
  
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• AO reveals extent of stockpiling ahead of Brexit

  04-04-2019 10:48 via theretailbulletin.com
  Appliance retailer AO World has revealed that it has boosted its stock of fast moving goods by £15 million as part of its Brexit contingency planning.
  
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• Electronics retailer AO World builds stockpiles with Brexit looming

  04-04-2019 10:14
  London-listed group also warns full-year profit to fall at ‘lower end’ of City forecasts
  
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• Mothercare UK sales down 8.8% in fourth quarter

  04-04-2019 10:01 via theretailbulletin.com
  Mothercare has posted an 8.8% drop in UK like-for-like sales in its fourth quarter to mark an improvement on the previous period when like-for-likes fell by 11.4%.
  
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• Interview: treading the path of profitability

  04-04-2019 10:01 via theretailbulletin.com
  Pavers Shoes continues to grow its business across channels and internationally by strictly focusing on delivering profitability, which is a discipline that the family-owned business believes has been forgotten by many other retail organisations.
  
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• Intu names Matthew Roberts as new chief executive

  04-04-2019 09:46 via theretailbulletin.com
  Shopping centre owner Intu has promoted Matthew Roberts to the post of chief executive.
  
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• Pineapple relocates store within Covent Garden district

  04-04-2019 09:28 via theretailbulletin.com
  Pineapple has relocated its UK flagship store within the Covent Garden shopping district to a more prominent position at 8 Mercer Walk, which is part of The Mercer’s Company estate. 
  
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• Intu finance boss to take over as chief executive

  04-04-2019 08:42
  Matthew Roberts to take helm on April 26
  
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