By Planet Retail2013-01-30T10:13:00+00:00
Grocer Ahold’s US division has promoted Mark McGowan to executive vice-president of merchandising with immediate effect.
McGowan was previously executive vice-president of supply chain.
Lidl has reported a rise in customers switching from “premium” supermarkets as shoppers “increasingly turn to the discounter for its high-quality fresh produce”.
Meal-kit delivery service Gousto has reportedly cut its valuation after raising tens of millions of pounds in extra funding to help it through a difficult economic period.
UK retail sales took a dip in the first four weeks of January, according to the BRC-KPMG Retail Sales Monitor.
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
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