Employee Engagement

Philip Green brings in new blood as he prepares to swing the axe

Sir Philip Green has appointed two restructuring specialists to the boards of his Arcadia retail empire as he prepares a major overhaul. Jamie Drummond Smith, chairman of finance group Cattles, becomes chairman of Topshop, Topman, Arcadia Group, and the ultimate parent company Taveta. He was previously Cattles’ chief restructuring office. Peter Bloxham, ex-head of restructuring […]

Majestic Wine to close stores and rebrand as Naked

Majestic Wine has announced plans to revamp its business by closing some of its 200 stores and concentrating on its online Naked Wines division. The change will also see the company being renamed Naked Wines. More details of the store closures – and any job losses – will be given in June along with its […]

SAS to invest $1bn in Artificial Intelligence over next three years

SAS, driving the future of analytics, is investing $1 billion in AI over the next three years through software innovation, education, expert services and more. The commitment builds on SAS’ already strong foundation in AI which includes advanced analytics, machine learning, deep learning, natural language processing (NLP) and computer vision. Educational programmes and expert services […]

Domino’s Pizza denies claim IT misled investors

Domino’s Pizza has rejected claims it has been misleading investors over relations with some of the franchisees who own its outlets. Some of the owners who run the chain’s 1,100 stores have been fighting the company for a greater share of profit. According to the Sunday Times, the Domino’s Franchise Association (DFA), accused Domino’s of misinforming the […]

Shell chief’s pay doubles to 143 times the UK employee average

The chief executive of oil-company Shell saw his pay more than double last year to more than €20m (£17m). Ben van Beurden’s total salary in 2017, which was approximately €9m, prompted a shareholder revolt. The raise comes as the company increased its annual profits by almost $10bn and is largely down to long-term incentives kicking […]

Drinks billionaire criticised over ‘handicapped’ gaffe

The billionaire chief executive of a US firm has been lambasted for comparing managing a soft drinks brand to “caring for someone who becomes handicapped”. Nick Caporella, the boss of National Beverage Corp. made the comment as he revealed falling quarterly results. He said: “Brands do not see or hear, so they are at the […]

Selligent to power TI Media marketing automation

B2C marketing automation company Selligent Marketing Cloud says UK publisher TI Media (formerly Time Inc. UK) has chosen the company to support multi-channel marketing automation efforts to create quality content that entertains and fuels the passions of millions of consumers every day. TI Media boasts an impressive 160-year heritage and portfolio of over 40 leading […]

Fashion retailers LK Bennett goes into administration

High-end fashion chain LK Bennett has called in administrators. The business, which has 39 shops and about 500 staff in the UK, signalled it was in difficulties last week after lining up EY as administrator if could not find fresh financing. The company was founded by Linda Bennett in 1990, and counts the Duchess of […]

Sports Direct boss Mike Ashley seeks to remove Debenhams board in coup

Sports Direct has said it wants to remove all the current members of the Debenhams board except one, and appoint its boss Mike Ashley to run the business ion what is effectively a coup.. Sports Direct has a nearly 30% share in Debenhams. The department store chain said it was “disappointed that Sports Direct has […]