Poundland is to recruit for around 120 new roles at its Barnsley chilled and frozen food hub in South Yorkshire. Now set to become Poundland’s second digital hub, the facility in the town’s Darton area was acquired by Poundland when it bought Fultons Frozen Food. Poundland is planning to increase the number...
Kering Beauté has acquired the Creed fragrance brand from funds controlled by BlackRock Long Term Private Capital Europe and current chairman Javier Ferrán. Established in 1760 by James Henry Creed, the House of Creed is the largest global independent player in the high-end fragrance market. While preserving Creed’s heritage and high-end brand...
Boots is to close 300 UK stores over the next 12 months as part of US parent company Walgreens Boots Alliance’s plans to “optimise” locations. It is understood that there will be no redundancies and staff will be offered employment at nearby stores. In addition, 150 Walgreens branches in the US will...
Luxury brand Mulberry has posted a 4% full year revenue increase to £159.1 million as it continues to deliver on its strategic objectives. In the 52 weeks to 1 April, retail sales in the Asia Pacific region rose by 3% while other international retail sales increased by 12%. However, UK retail sales...
Ocado has appointed former Ted Baker chief executive Rachel Osborne as a non-executive director. Due to take up her role on 1 September 2023, Osborne will also be a member of the audit committee and the people committee. Having stepped down as chief executive of Ted Baker this month, she previously served as...
Sainsbury’s has announced a further round of price reductions as it invests £15 million in cutting the price of cupboard staples such as rice and pasta This will include the retailer becoming the only supermarket to offer Freefrom pasta at the same price as standard pasta. Sainsbury’s is also announcing that all...
Embattled cinema chain operator Cineworld is set to file for administration and suspend trading on the London Stock Exchange next month as part of a major bankruptcy restructuring plan, the firm revealed today. In a statement this morning, the cinema firm said its proposed restructuring would involve calling in administrators and could release approximately...
Gymshark chief commercial officer Niran Chana has left after eight years at the the sportswear retailer. Chana, who was responsible for global sales, management of merchandising, planning and marketing started in 2015 holding various positions in the company’s management team overseeing customer experience, wholesale and digital marketing. In a LinkedIn post, the company said:...
On-the-go food retailer Greggs and fashion house Primark have opened their fifth ‘Tasty by Greggs’ café, located in Primark’s new extension on the second floor of its store in the heart of Liverpool. The new café follows the success of the first four ‘Tasty by Greggs’ café openings in Primark’s Birmingham, Oxford...
In a significant boost to the creative industry, Amazon has unveiled its plans to fund 350 apprenticeships and traineeships, with a specific emphasis on the fields of TV, film, and books. The initiative seeks to bridge the skills gap in these industries and provide aspiring individuals with invaluable hands-on experience and...
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