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...More than 10,000 members of the Debenhams pension plan were transferred to the UK’s pension protection scheme in 2019, following the collapse of the 240-year-old retail group....
...It plans to open 20 stores in Kyiv and some cities in the west of Ukraine. Inditex plans to reopen 50 of its 80-plus stores in the country, the company told the Financial Times....
...Royal Mail’s leading market position has weakened further after postal employees walked out for 18 days last year, prompting retailers to send more parcels through rival couriers....
...However, some outstanding payments to employees as well as unpaid pensions contributions are expected to be repaid in full, even if a CVA is not approved, as well as money owed to HMRC....
...At John Lewis he will work with Peter Ruis, a well-respected retail executive who recently returned to the group to revamp its department stores....
...Seven-Eleven Japan, the country’s largest convenience store chain, already runs a few unmanned stores in Tokyo. It plans to operate more stores without staff this spring....
...Matches employed 533 staff across its head office and three stores in London and primarily sells its goods online in 170 countries....
...“We have seen the first new products which will be in stores next winter. I’m really looking forward to them.” Many challenges remain....
...Almost 4mn people in the UK, or more than one in eight employees, work on some form of flexible contract that could be viewed as “precarious”, the think-tank noted....
...It now has about 3,000 stores in 35 countries and about 46,000 employees....
...In addition to its eponymous stores, it also trades as Nocibé in France, as well as websites such as parfumdreams and Niche Beauty....
...money into its pension scheme....
...She held back tears as she recalled being advised by other directors and the administrators not to issue a thank you to Wilko’s employees when it collapsed....
...And in other news, I have a report from the big National Retail Federation conference last week, including an interview with the chief executive of NCR Voyix, a technology services provider for stores....
...“This was not plan A,” the person close to Aurelius said. “This was not the intention.”...
...Institutional investors that sided with the activist proposals include Norway’s sovereign wealth fund, the Canada Pension Plan Investment Board, California Public Employees’ Retirement System and the California...
...The pension trustees should get £20mn from Wilko’s property assets, although it is unclear what the pension deficit is....
...retail....
...Blackstone has attracted more than $100bn in investment to its retail property and credit funds it sold to individual investors and built a staff of hundreds of sales and marketing employees to handle their...
...Rosso, who turns 69 this year, views the IPO as part of his succession plan....
...Pensions Poorly performing workplace pension schemes are to be banned from taking on new business under plans confirmed in the Budget....
...Tesla fell 1.8 per cent following reports that a group of Nordic pension funds will formally ask the company to respect collective bargaining for its employees in the region, as the electric car maker ’s...
...In response, drug stores have shifted their focus to higher-margin products such as vaccines, which Duong said were being administered by fewer employees, who were graded on speed, quotas and upsells....
...of EnnisKnupp, a consultancy that works with pension plans....
...As the chief executive of the retail brokerage Dean Witter in 1997, he engineered the acquisition of the gilded Morgan Stanley....
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