Sainsbury’s paves the way for King’s exit with team reshuffle April 30, 2014 SAINSBURY’S has reshuffled its senior management team, paving the way for chief executive Justin King’s departure in July and for a new era under commercial director Mike Coup. Sainsbury’s announced yesterday that managing director of general merchandise, clothing and logistics Roger Burnley has been made retail and operations director. He will now lead a newly [...]
Westfield kickstarts new projects in the UK as retail sales increase May 15, 2014 WESTFIELD said shoppers continued to make a beeline for its shopping centres in the first quarter, with the Australian retail giant reporting a solid performance across its two UK sites. Speciality sales at Westfield London and Stratford City rose by 1.6 per cent to £828 per square feet in the three months to 31 March, [...]
What you need to know before the open May 12, 2014 European markets are set to open lower this morning, following Asian counterparts, as investors await with caution for events in Ukraine to unfold. Yesterday, anti-Kiev rebels declared victory in a referendum on self-rule in eastern Ukraine. Western leaders are threatening further sanctions around energy and the financial services, if Moscow moves to disrupt the planned [...]
Could Archie Norman be Tesco’s new chairman? These are the runners and riders for the supermarket’s top job February 14, 2015 Archie Norman is the latest City boss to be touted as Tesco’s successor to Sir Richard Broadbent who left last year in the wake of a profit scandal. The current chairman of ITV and former boss of rival supermarket Asda where he gained the reputation of being the turnaround king, is in “active talks” with [...]
Could Archie Norman be Tesco’s new chairman? These are the runners and riders for the supermarket’s top job February 14, 2015 Archie norman is the latest City boss to be touted as Tesco’s new top boss and a successor to Sir Richard Broadbent who left last year in the wake of a profit scandal. The current chairman of ITV and former boss of rival supermarket Asda where he gained the tag of being the turnaround king, [...]
Could Archie Norman be Tesco’s new chairman? These are the runners and riders for the supermarket’s top job February 14, 2015 Archie norman is the latest City boss to be touted as Tesco’s new top boss and a successor to Sir Richard Broadbent who left last year in the wake of a profit scandal. The current chairman of ITV and former boss of rival supermarket Asda where he gained the tag of being the turnaround king, [...]
Could Archie Norman be Tesco’s new chairman? These are the runners and riders for the supermarket’s top job February 14, 2015 Archie norman is the latest City boss to be touted as Tesco’s new top boss and a successor to Sir Richard Broadbent who left last year in the wake of a profit scandal. The current chairman of ITV and former boss of rival supermarket Asda where he gained the tag of being the turnaround king, [...]
John Lewis boss hired to ease China visa rules July 18, 2013 JOHN LEWIS retail boss Andrew Murphy was named as chairman today of the UK China Visa Alliance (UKCVA), the retail body lobbying for a shake-up of visa rules to attract more Chinese tourists to the UK. Under current rules Chinese visitors to Europe can apply for a single visa for access to all 26 countries [...]
Damon Williams and Alex Khein appointed co-CEOs of RBC Global Asset Management as John Montalbano steps down December 9, 2014 John Montalbano has stepped down as chief executive of RBC Global Asset Management (RBC GAM) after six years, the company announced today. He will be replaced by Damon Williams and Alex Khein as co-CEOs and will act as adviser to the new top bosses when the need arises. In a statement yesterday, the group, which [...]
The week in brief May 11, 2014 Publicis Group and Omnicom merger falls apart Publicis and Omicom, two of the world’s biggest advertising firms, have called off ther proposed merger. The $35bn (£22.8bn) deal would have formed the world’s largest ad agency. It was claimed last July that the merger would enable the two giants to compete more effectively in the digital [...]