All People articles – Page 9
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News
Boots billionaire’s holding plummets by $2bn
The tycoon behind Walgreens Boots Alliance has seen more than $2bn wiped from his fortune.
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Analysis
From AI to M&A – what retailers are spending their money on
The ring of the tills might be what drives retail, but to keep customers spending retailers need to invest in improvements. Retail Week looks at where some of the biggest – and most successful – retailers are directing their spend
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News
Ted Baker head office jobs hang in the balance as Frasers deal looms
Head office staff at collapsed fashion retailer Ted Baker have been left in limbo as a potential takeover from retail giant Frasers Group looms.
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Analysis
Retail’s election wish list: what the bosses of Ikea, AO and more want from a new government
“We need a better approach when it comes to the coordination of policy, regulation, taxation, and alignment across the UK’s nations.”
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News
Marks & Spencer names new chief financial officer
Marks & Spencer has appointed a new chief financial officer whose experience includes transformation
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Interview
Q&A: Disney Home boss on retail team-ups and the 'kidult' consumer
Retail Week caught up with Disney’s VP fashion and home Sonia Samra to talk about what’s driving demand, how Disney partners with retailers and which characters will be on the next bestselling collections.
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News
ScS chief executive to stand down
The boss of furniture specialist ScS, who oversaw an almost £100m takeover at the end of last year, is set to exit the business.
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News
Boohoo U-turns on executive bonuses after shareholder backlash
Boohoo has backtracked on plans to pay bonuses to its senior executive team after significant backlash from shareholders.
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Retail Voice
The four hottest trends at World Retail Congress 2024
The theme of this year’s World Retail Congress was high-performance retail. Spencer Stuart asked its global retail team what topics were most pervasive during the conference and what they mean for retail leaders
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News
Morrisons staff strike over pensions
“Unite will not stand for such behaviour from any employer, let alone one like Morrisons who is raking in massive profits during a cost-of-living crisis.”
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Opinion
‘In what will likely be a negative campaign, retail must tell a positive story’
With an election date set and the parties going into full campaigning mode, the next six weeks are likely to be dominated by negativity. To cut through the noise, retail must tell its story positively
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News
Asda disputes union claims that workers face ‘third month of wage errors’
Asda has disputed the GMB’s claims that some Asda workers are being underpaid in what the union described as the “third month of wage errors”.
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Analysis
M&S boss Stuart Machin on ‘tricksy’ member prices and new beginnings
Marks & Spencer this week raised the curtain on strong annual results that beat expectations and it is confident of more progress to come
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News
Clarks managing director and chief product officer exit
Clarks managing director for the UK and Ireland, as well as its chief product officer, are understood to have left the footwear retailer, according to reports.
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News
Exclusive: Halfords chief operating officer to depart
Halfords chief operating officer Rob Keates is set to depart after four years at the motor specialist, Retail Week can reveal.
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News
Shein seeks out Sajid Javid for new role ahead of London IPO
Sajid Javid, the former chancellor of the exchequer, has reportedly been approached to join fast-fashion giant Shein ahead of its anticipated London Stock Exchange listing.
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Interview
Westfield’s leasing director on physical retail being ‘back with a bang’
As footfall inches up to pre-pandemic levels, Retail Week sits down with Kate Orwin, leasing director at Unibail-Rodamco-Westfield, to find out what’s in store for some of the biggest shopping centres in the country
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News
Sainsbury’s unveils Microsoft partnership to boost AI capabilities
Sainsbury’s has announced a five-year strategic partnership with Microsoft, which will see the tech giant’s artificial intelligence (AI) and machine learning capabilities drive the grocer’s strategy.
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Opinion
‘As ChatGPT gets flirty, now is the time to embrace this cutting-edge technology’
With new releases this week from OpenAI and Google, generative AI (Gen-AI) tools are developing rapidly and destined to be on every smartphone. As more customers gain access to this dynamic technology, now is the time for retailers to get on board and explore the opportunities.
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News
Tesco boss Ken Murphy’s pay deal doubles
Tesco CEO Ken Murphy has seen his pay packet more than double to almost £10m for the last year.