Pandora has promoted Massimo Basei to the role of chief of retail operations. Due to take up his role from 1 April, he currently holds the position of general manager for Southern Europe, the Middle East and Africa. In his new position, Basei will report directly to Pandora chief executive Alexander Lacik...
Next has agreed to buy the Cath Kidston fashion and homeware brand out of administration. The retailer has snapped up Cath Kidston’s brand, website and intellectual property in a £8.5 million deal. The news follows Zelf Hussain and Rachael Wilkinson of PwC being appointed as joint administrators of CK Acquisitions, the registered...
Boots could be sold or floated by the end of the year as its American parent company Walgreens Boots Alliance looks to focus more on its US business. According to This is Money, investors and board members want Walgreens to separate off its international business as soon as possible and have...
Ocado Retail, a joint venture between Ocado and Marks & Spencer, has maintained its full year financial guidance after posting an uplift in revenue in its first quarter. In the 13 weeks to 26 February, retail revenue rose by 3.4% year-on-year to £584 million. The company benefited from continued growth in new...
Tesco has announced a £5m grant programme to boost school funds for extra food and healthy activities Thousands of school children across the UK will benefit from a new grant programme launching this summer aimed at giving them a healthier, more active, stronger start in life. In the first year 5,300 schools...
Aldi is launching a breakfast club to help feed millions of parents who are skipping breakfast to ensure their children have enough food to eat. The initiative, which starts today, comes as many parents (37%) simply can’t afford a full shop to feed themselves and their family, and are choosing to...
Currys, has today announced an additional rise for hourly paid store colleagues in the UK. Rates will increase rom £10.35 per hour to £10.50, the fourth rise in the last 18 months. Currys also revealed that the average store colleague bonus is 89p per hour, with top earners making up to £3...
Asda has expanded its partnership with jewellery and accessories retailer Claire’s. The move follows a successful ‘test and learn’ initiative with 10 stores which began in October 2020. Due to positive feedback from customers, Claire’s fashion accessories will now be available in multiple formats within more than 500 Asda locations. In addition to...
The Retail Appointment Live is an industry-leading retail and hospitality specific recruitment event, providing everything you need to push your career to the next level. The event will open tomorrow. The job fair is completely free to attend as is open on two days so you can come at a day...
Amazon CEO Andy Jassy said the business had completed the second phase of its operating this past week, and that the job losses will mostly be from the Amazon Web Sevices cloud platform, people, experience and technology department, advertising, and Twitch sectors of the business. Jassy said that Amazon had to...
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