CEO News Target Overcomes Retail Rivals With 21% Sales Leap CEO Today Nov 19, 2020 0 The company’s digital-first strategy let it surge beyond rivals Walmart and Kohl’s during the third quarter.
CEO News Hut Group CEO to Receive £830 Million Share Bonus CEO Today Nov 17, 2020 0 Matthew Moulding’s stock windfall, thought to be the largest ever received by a UK CEO, follows a blockbuster IPO.
CEO News Walmart Plans to Sell $1.6 Billion Stake in Seiyu CEO Today Nov 16, 2020 0 The sale of its 85% interest in the supermarket chain would almost completely divest Walmart’s interests in Japan.
CEO News WHSmith to Shut Stores Following £280 Million Loss CEO Today Nov 12, 2020 0 The UK high street mainstay is looking to make permanent cutbacks to address its COVID-19 damages.
Asia Alibaba Generates $70.6 Billion in Singles’ Day Sales CEO Today Nov 11, 2020 0 The Chinese tech giant boasted eye-popping sales, but the event was overshadowed by looming anti-monopoly regulations.
CEO News WHSmith Scraps CEO’s £4.5 Million Share Package After Backlash CEO Today Nov 6, 2020 0 The share windfall, worth nine times CEO Carl Cowling’s base salary, provoked anger among investors.
Technology As Profits Soar, Ocado Buys Two US Robotics Startups CEO Today Nov 2, 2020 0 The UK-based online grocery retailer is preparing to make new strides in the automation of its business.
CEO News John Lewis Plans New Services in Shift from Retail CEO Today Oct 16, 2020 0 The department store company and Waitrose owner now plans to invest in eCommerce and build rental homes.
CEO News Starbucks Ties Executive Pay to Diversity Goals CEO Today Oct 15, 2020 0 The new executive compensation policy comes as part of a raft of measures intended to improve diversity in the coffee titan’s workforce.
CEO News Ikea Plans Physical Expansion Even as Customers Move Online CEO Today Oct 7, 2020 0 The furniture giant’s new CEO plans to open a record number of new stores, but with a different format from before.