Asda appoints Allan Leighton to lead its turnaround strategy as executive chairman.Leighton replaces Lord Stuart Rose, who remains on the board temporarily.The change follows a decline…
Browsing: Retail
Zara has unveiled a new 51,000 square foot flagship store in Birmingham’s Bullring shopping center, reinventing the site of the former Debenhams.The store offers a complete…
Primark reports significant progress in reducing its carbon emissions as detailed in its latest annual Sustainability and Ethics Progress Report.The retailer achieved an 11.6% reduction in…
H&M has reopened its upgraded store in East London, featuring advanced technology to enhance customer experience.The store now includes smart services like interactive fitting rooms, enhancing…
This Christmas, UK shoppers are set to spend over £2 billion on secondhand gifts, showing a growing trend in pre-loved items.Research indicates that secondhand gifts will…
Despite weakening consumer sentiment in the UK and France, Kingfisher’s third-quarter sales were steady, matching or exceeding market forecasts.The company, which owns B&Q and Screwfix, reported…
Ikea is navigating the cost-of-living crisis with strategic price cuts and innovations.Operating profits rose by 4% despite a 9% sales drop, thanks to affordability measures.The launch…
The British Retail Consortium urges action against rising abuse of retail staff during the festive season.Incidents of violence and abuse against retail workers have risen to…
The Gold family examines strategic options for Ann Summers amidst financial pressures.The lingerie retailer Ann Summers, owned by the Gold family since 1972, is under review…
Allan Leighton, former CEO of Asda, is returning as executive chair as the UK grocery giant faces declining sales.Leighton replaces Stuart Rose, who took on leadership…