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ALEX BRUMMER: High Streets will look very different after the pandemic

The last time Marks & Spencer proposed knocking down its flagship store at Marble Arch on London’s Oxford Street in 2004 was the beginning of the end for the management team of Roger Holmes and Luc Vandevelde. As the shares sank, the M&S old guard took to the barricades. Philip Green launched his bid and Stuart Rose and City veteran Paul Myners were drafted in to see off the Arcadia and BHS tycoon. Rose, an M&S veteran, ditched the Holmes plan and went on to restore the firm’s reputation by...
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City snapshot: Record year for Reckitt Benckiser as Covid fuels demand for Dettol

Top story A strong end to the year has helped Reckitt Benckiser register double-digit growth in 2020 as consumers turned to Dettol, Lysol and other hygiene brands to keep coronavirus at bay. Revenues for the year finished 11.8% higher on a like-for-like basis to £14bn, with the hygiene division up 19.5% and health rising 12.1%. It is the best growth recorded in the company’s history. The shift to online also benefitted the multinational as its ecommerce channel registered a record performanc...
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Obituary: Fashion talent scout Julius Schofield

Obituary: Fashion talent scout Julius Schofield Julius Schofield, a talent scout who for almost 50 years found top jobs for British fashion and textile designers around the world, has died, aged 91. Schofield (pictured above left, with artist Grayson Perry and Sir Stuart Rose) trained as an architect, but moved into the creative side of advertising in the 1950s, working for Royds, a large agency that handled accounts for large textile producers of the era, such as Courtaulds. In 1966, he was he...
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UK retail must stay open when third lockdown ends: Ocado chairman

By Reuters Staff 2 Min Read FILE PHOTO: A woman walks past a Harvey Nichols store, amid the outbreak of the coronavirus disease (COVID-19), in London, Britain, December 17, 2020. REUTERS/Hannah McKay LONDON (Reuters) - Britain’s retail sector must stay open when it emerges from the latest coronavirus lockdown, sector veteran Stuart Rose said on Tuesday. Prime Minister Boris Johnson is due to set the path out of a third lockdown which has closed all non-essential shops on Feb. 22. “The short...
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Retail Times – Page 741 – Daily retail news, consumer research, analysis & reports. Read about technology, innovation, payments, products and people. Retail opinion & industry insight

Money-saving expert, Martin Lewis, has highlighted the Co-operative’s two for one Family Fun voucher promotion as one of the best deals around for the summer. Speaking on this morning’s Daybreak programme on ITV, Lewis said: “I think the best one I
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Media Bites 22 Jan: EG Group, Border disruption, Pets at Home

EG Group, the UK petrol stations company whose billionaire owners are buying Asda, is bringing in retail veteran Stuart Rose to improve governance after its auditors resigned over the matter last year (The Financial Times £). A former boss of Marks & Spencer has been appointed as chairman of the ...
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