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Waterstones hires Farfetch finance exec as new CFO

Retail Gazette

Ashworth joined Farftech back in 2017 as its finance director before being promoted to vice president of financial control in 2022. Click here to sign up to Retail Gazetteā€˜s free daily email newsletter Waterstones has named former Farfetch finance executive Karen Ashworth as its new chief financial officer.

Finance 111
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Aldi launches own-brand paper wine bottles in UK supermarket first

Retail Gazette

.” In January, Aldi reported it had cut its food waste by 57% since 2017, meaning it hit its 2030 target eight years early. The grocer had pledged to halve food waste by 2030, in line with the Courtauld 2030 commitment but has now revised the target and as it looks reduce food waste by 90% by 2030 against a 2017 baseline.

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Retailers suffer longest dip in sales since Covid-19 lockdown

Retail Gazette

The firmā€™s head of retail and wholesale Sophie Michael said: “Since we started tracking both online and in-store sales in 2017, the only time weā€™ve seen results this poor was during the 2020 COVID-19 lockdown period, when the majority of non-essential retailers were forced to remain closed.

Wholesale 145
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Whole Foods still pressing ahead to ā€˜expand UK footprintā€™ despite shuttering stores

Retail Gazette

The supermarket, which was snapped up by Amazon in 2017 for Ā£10.7bn , has seven stores across the UK, all in London, with its High Street Kensington site currently undergoing a store redevelopment. Click here to sign up to Retail Gazetteā€˜s free daily email newsletter

Grocer 121
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Aldi slashes food waste by almost 60% and sets new 2030 target

Retail Gazette

Aldi has cut food waste by 57% since 2017, meaning it has hit its 2030 target eight years early. The discount retailer had pledged to halve food waste by 2030, in line with the Courtauld 2030 commitment but has now revised the target and as it looks reduce food waste by 90% by 2030 against a 2017 baseline.

Grocer 104
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Rituals boosts UK expansion with 25 new stores

Retail Gazette

The brand launched its first store outside of London back in 2017, at Birminghamā€™s Grand Central shopping centre. Click here to sign up to Retail Gazetteā€˜s free daily email newsletter Rituals currently has 68 stores throughout the UK and Ireland. It opened doors to its newest and biggest shop last week in Oxford Street.

Shopping 126
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Homebase for sale for second time within four years

Retail Gazette

Prior to Homebase, Luscombe worked in the finance department of fashion retailer Hobbs between 2007 and 2017. Click here to sign up to Retail Gazetteā€˜s free daily email newsletter

Finance 115