Staff from 100 of the biggest retailers operating in Britain, including ASOS, H&M, New Look and Superdrug, have taken part in the first wellbeing festival for retail workers run by industry charity the Retail Trust.
Steve Rowe will next week step down as chief executive of Marks & Spencer after a turbulent six years in the top job, with his internal successor set for a baptism of fire amid a worsening cost-of-living crisis.
Evidence of red-hot inflation seeping into the American economy is sending a chill through investors after major U.S. retailers reported people are cutting back on buying bigger-ticket items as they just try to get by.
Yet more strong numbers from the commercial property sector on Thursday. Major London landlord Great Portland Estates joined its peers British Land and Landsec this week in delivering an upbeat performance for the year.
UK-based threads manufacturer Coats has cut a number of domestic jobs and replaced other roles as part of its new global strategy. The move comes after the the company recently sold its Brazil and Argentina business,
M&S’s premium Jaeger brand has named Suzi Avens as head of product. The ex-Cath Kidston and Boden exec joins as M&S continues its relaunch of Jaeger and puts plenty of support behind it both in-store and online.
Landlord Grosvenor has launched an interesting project, unveiling “an innovation challenge seeking to find new technologies and partners that are putting customer experience at the heart of bricks and mortar retail”.