Retail news
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Goodbye to Rose as M&S chairman steps down
- Posted:
- 04 January 2011 09:30
Sir Stuart Rose ends a colourful six-year tenure with high street giant Marks & Spencer today as he steps down as chairman.The 61-year-old has had an eventful leadership, attracting both praise and criticism since he joined the retailer in 2004.Sir Stuart was revered for steering the firm to profits of ...read more
Arcadia planning to close 300 stores
- Posted:
- 08 November 2010 09:53
Arcadia boss Sir Philip Green is considering closing around 300 smaller shops with the Arcadia empire within three years, according to a report today. Sir Philip is aiming to trim Arcadia's portfolio of 2,400 stores, which includes the Topshop brand, when leases on smaller shops come up for renewal over ...read more
Union boss attacks Sir Philip’s spending review remit
- Posted:
- 29 September 2010 09:37
The appointment of billionaire businessman Sir Philip Green to head a review of Government's spending was like "putting Herod in charge of a creche", TUC deputy general secretary Frances O'Grady said last night.She told a fringe rally at the Labour Party Conference that the appointment of Sir Philip, who has ...read more
Sir Philip Green to head government spending review
- Posted:
- 13 August 2010 09:44
David Cameron has recruited billionaire Topshop owner Sir Philip Green to lead a review of Government spending, it was announced today.Sir Philip, owner of clothing retailer Arcadia Group, will scrutinise expenditure from the past three years to try to identify where savings can be made.The conclusions from the external review ...read more
Karren Brady joins board of Arcadia
- Posted:
- 03 June 2010 09:29
Karren Brady is to join the board of Arcadia. She is the first female board director to be recruited by Sir Philip Green.She will leave babycare retailer Mothercare, where she has been a board member for seven years, to take up the rolel.Ian Peacock, Mothercare chairman, said: "We are sorry ...read more
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