Selfridges' head of recruitment and onboarding Sharlene John speaks to Retail Week about how the iconic department store is driving employee diversity from the shopfloor up.
Notonthehighstreet has appointed HelloFresh’s former UK boss Claire Davenport as
its new chief executive as current CEO Barrie Seidenberg steps down for health
reasons.
In The Style fell into the red with its first full-year results as a listed
company, as boss Sam Perkins warned that the year ahead would be “a challenging
one for consumers and retailers” and lead to widening losses.
Morrisons’ rival bidders Fortress and CD&R and set to go to auction to secure a
final offer for the supermarket ahead of a shareholder vote on a takeover deal
in October.
Next has reported a stronger than expected uplift in sales in its third quarter,
but expects falling demand and availability issues to impact sales for the
remainder of its financial year.
AO has reported a full-year loss in its delayed results as boss John Roberts
says the etailer fights “through one of the most challenging operating
environments we’ve weathered as a company”.
Frasers Group has made an offer for Australian flash Sales website MySale as the
retail group seeks to further bolster its roster of recent acquisitions.
Consumer confidence has hit a record low for four out of the last five months,
as shoppers’ concerns about personal finances and the economy in the year ahead
spike.
Ninety-five per cent of UK retail chairs forecast a drop in shopper spending
over the next year, as Boots’ parent company chair Stefano Pessina said the UK
would likely have a “bigger” recession than other EU countries.
Ocado has reported an uplift in third-quarter sales and customer numbers, but says inflationary pressures have reduced its average basket size as shoppers prioritise value for money.
A call option agreement for a division of Japanese investment titan Softbank to
acquire a $1.6bn (£1.3bn) stake in THG’s Ingenuity division has been terminated.
John Lewis is set to scrap its longstanding ‘Never Knowingly Undersold’ price
pledge on August 22 but is yet to unveil the scheme that will succeed it.
Burberry has posted a modest uplift in first-quarter sales as a decline in
revenues in mainland China was offset by demand from shoppers across Europe, the
Middle East, India and Africa.