By Planet Retail2011-10-14T07:00:00+01:00
Eckhard Cordes, chief executive of retail group Metro, announced that he will be resigning from his post by October 31, 2012. He has lead Metro since 2007 and will be a member of the supervisory board until his successor is found.
Harrods has opened a new Chocolate Hall as it concludes the restoration of its iconic food halls.
Sainsbury’s has appointed former John Lewis managing director Paula Nickolds to head up its clothing and general merchandise business.
Asda’s new owners the Issa brothers have agreed to offload a tranche of EG Group’s petrol forecourts, paving the way for them to formally complete their £6.8bn takeover of the supermarket chain.
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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