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Poundstretcher’s chief executive Derek Lawlor has left the business following a difference in opinion over where the company should be headed. Lawlor joined the discount retailer in the summer of 2022 after seven years in senior roles at the Asda supermarket chain. In an interview with BusinessLive, Poundstretcher owner Aziz Tayub said...

JD Sports has agreed to acquire French sportswear retailer Courir in a €520 million deal. Courir is currently majority owned by Equistone Partners Europe which bought the business in 2018 following a carve-out from Groupe Go Sport. It currently has 313 stores across six countries in Europe, of which 191 are based...

The John Lewis Partnership has appointed Nicky Dulieu as a non-executive director of its partnership board. She will also chair of the audit and risk committee. With a strong background in retail, Dulieu was chief executive of Hobbs from 2008 to 2014 after initially joining the fashion retailer as financial director. She...

Nisa, the wholesale and independent retail specialist, is set to open a further 400 stores this year, as part of its ambitious recruitment drive. Following a successful 2022, whereby the group and wholesaler opened 473 new stores, Nisa has seen a strong start to the year with 130 stores having been recruited year...

Next has maintained its annual profit guidance after posting a small drop in first quarter full price sales. In the thirteen weeks to 29 April, full price sales edged down 0.7% on the same period in the prior year, although this was ahead of an expected fall of 2%. Meanwhile total trading...

Wickes has said it made an encouraging start to its new financial year with sales in line with expectations. Sales at the home improvements retailer edged down 0.6% in the 16 weeks to 22 April. Delivered Do-it-for-me sales were ahead by 9.3% in the period, although core like-for-like sales fell by 3.6%....

Watches of Switzerland Group has announced that its chief financial officer Bill Floydd will be stepping down from 12 May by mutual agreement. He will be succeeded by Anders Romberg, who previously served in the same role at the group from 2014 to 2021. Floydd will remain available to support the transition...

Card Factory has posted a jump in full year profit after it benefited from customers returning to its stores post-pandemic. In the year to 31 January, pre-tax profit rose to £52.4 million from £11.1 million a year earlier, while EBITDA increased by 28.6% to £112 million after trading was underpinned by...

Asda is expanding its Deliveroo partnership and ramping up its rapid delivery offering. The supermarket is trialling its first Deliveroo HOP site, as well as announcing the roll out of its partnership with Deliveroo to a further 100 locations across the UK. Designed to give customers a speedier service and better product...

Anthropologie Group has made three new senior appointments as it positions itself for continued growth. The first has seen Anu Narayanan being promoted to the role of president of women’s apparel, accessories, weddings and beauty. Since joining Anthropologie in 2018, she has led the women’s apparel and accessory business and has...