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Poundstretcher CEO steps down

Poundstretcher’s chief executive Derek Lawlor has left the business following a difference in opinion over where the company should be headed. Lawlor joined the discount retailer in the summer of 2022 after seven years in senior roles at the Asda supermarket chain. In an interview with BusinessLive, Poundstretcher owner Aziz Tayub said...

About 1 year ago

JD Sports to acquire Courir

JD Sports has agreed to acquire French sportswear retailer Courir in a €520 million deal. Courir is currently majority owned by Equistone Partners Europe which bought the business in 2018 following a carve-out from Groupe Go Sport. It currently has 313 stores across six countries in Europe, of which 191 are based...

About 1 year ago

John Lewis Partnership appoints Nicky Dulieu as non-executive director

The John Lewis Partnership has appointed Nicky Dulieu as a non-executive director of its partnership board. She will also chair of the audit and risk committee. With a strong background in retail, Dulieu was chief executive of Hobbs from 2008 to 2014 after initially joining the fashion retailer as financial director. She...

About 1 year ago

Card Factory posts profit

Card Factory has posted a jump in full year profit after it benefited from customers returning to its stores post-pandemic. In the year to 31 January, pre-tax profit rose to £52.4 million from £11.1 million a year earlier, while EBITDA increased by 28.6% to £112 million after trading was underpinned by...

About 1 year ago

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