By Planet Retail2013-04-05T07:00:00+01:00
Multi-format operator Falabella’s chief executive Juan Benavides Feliú is to step down. According to the retailer’s supervisory board, Feliú is to leave with “immediate effect”. No reasons for the exit were given.
Mike Ashley is understood to be considering handing over the reins as chief executive of Group to his future son-in-law and the retailer’s head of elevation Michael Murray.
The ‘pingdemic’ that has hit retail and distribution staff availability, leading in some cases to empty shelves, looks as if it may be easing.
The Very Group will restart dividends to billionaire owners the Barclay family after hitting pause on the payments for four years.
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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