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Retail appointments of the week

Inside Retail

Guzman Y Gomez appoints Hilton Brett as co-CEO By Celene Ignacio Quick service restaurant Guzman Y Gomez (GYG) has appointed Hilton Brett as co-CEO, effective immediately, as the company plans to launch an initial public offering and further expand in the US. Returning feels natural and very personal. My heart has always been Chloé’s.

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Who could replace Sharon White as the next John Lewis Partnership chair?

Retail Gazette

On top of that, she has faced fierce criticism around her turnaround plan, which includes a focus on non-retail activities such as house building. Potts joined the supermarket in 2015 after almost four decades at Tesco, where he started on the shop floor aged 16 and rose through the ranks to run its Asian operations. Sound familiar?

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Retail appointments of the week

Inside Retail

While I am disappointed the group has not returned to growth under my leadership, I am proud of the progress we have made towards achieving our strategic objectives,” said Ilczynski. “I I believe the group is positioned for success, with highly-capable executive teams across both marketplaces and a clear focus.”

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Consumer spending grew 3.5 per cent in October, yet festive season set to be impacted as Brits plan to reduce Christmas purchases

A1 Retail

per cent rise in consumer price inflation – as the cost-of-living crunch continues to put pressure on Brits’ personal finances. With the festive season fast approaching, almost half (48 per cent) of Brits are planning to cut down on Christmas purchases, including festive activities and gifts, to save money this year.

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Wilko: Who’s in the running to buy the collapsed retailer?

Retail Gazette

According to Sky News , Putman has approached several debt providers including Gordon Brothers and Hilco to help finance his offer. This would not be the first time the businessman has snapped up a retailer in administration, having acquired HMV in 2019 and returning it to profit last year.

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Primark’s Strategy, 4 Elements to Consider

Indigo 9 Digital

Primark is one of the fastest growing retailers in Europe with plans to have more of a presence in the United States. Dollar General plans to open more than 1,000 stores this year and Dollar Tree plans to open as many as 650 stores this year. Returns made in store are also free. Rock bottom prices.

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Primark President: ‘Our Business is Set Up for People to Grow Into’

Retail TouchPoints

we’ve been here since 2015 — but I’m seeing people who are celebrating their sixth -, seventh – and eighth -year anniversary.” It’s a business built on people having a long career, potentially moving into finance or buying or [multiple other functions]. with plans to increase from your current 19 stores to 60 by 2026.