Supermarket giant Sainsbury’s — owner of the Tu Clothing brand — is aiming to drive sales higher by offering regular shoppers who have a Nectar loyalty card personalised discounts “on Sainsbury’s products and groceries”.
New Look has named Mike Coupe as its Non-Executive Chairman, succeeding Alistair McGeorge who’s been in the chairman’s seat during a particularly turbulent time for the company. Coupe joins on 29 September.
As so-called Freedom day approaches on Monday, there’s still a certain amount of nervousness among retailers in England (and their customers) over the ending of the legal requirement to wear face coverings in-store.
One of the the ‘Big Four’ UK supermarket chains, Morrisons, has received an unsolicited bid approach valuing it at £5.5bn. But it has rejected the offer, despite it being above its closing share price as of Friday.
UK supermarkets giant Sainsbury’s is to cut jobs with 1,150 roles at risk. It's restructuring in order to invest in its food ops and a number of departments will be affected, including clothing and general merchandise.