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La Senza’s administrators are set to shutter another 12 unprofitable stores, impacting 130 jobs.
The sudden, although perhaps not entirely surprising, departure from Tesco of chief executive Phil Clarke divided opinion.
Cath Kidston has sold a stake in the business to private equity firm Baring Asia as it plans over 100 stores in China within three years.
McColl’s posted operating profit up 14.6% in its half year, as the convenience retailer promoted deputy chair John Coleman to chairman.
Department store Beales has angered its largest shareholder Panther Securities by removing the property firm’s representative from its board.
Retail news round-up on July 22, 2014: White stuff posts ‘strong’ full-year peformance, McColl’s posts half-year profits dip, Two New Look directors depart, Matalan to open its first ever Oxford Street store.
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Tesco chief executive Philip Clarke is stepping down after a profit warning and will be replaced by Unilever personal care global president Dave Lewis. Retail Week takes a look at what the analysts say.
Retail Week’s cartoonist Patrick Blower’s take on Mothercare’s appointment of Newton-Jones as the retailer’s permanent chief executive.
The topsy-turvy logic of Destination Maternity’s interest in merging with Mothercare was laid bare by the US retailer’s latest update.
Marks and Spencer and Tesco demonstrate that the role of the modern CFO does not stop at finance but extends into every aspect of retail.