WOOLWORTHS: Boss to depart

Chief executive, Trevor Bish-Jones, to step down following a further decline in the retailer's sales, according to a report.
Author:
Publish date:
Social count:
0
5_Pocoyo.jpg

Woolworths has said its chief executive is to step down, after it was agreed it was an "appropriate time" for a new leader, according to the BBC.

The retailer reported group sales were down 1.9 per cent in the 19 weeks to June 14th, while like-for-like sales at its High Street stores were down 2.2 per cent.

In addition it also said it was selling four of its London stores to Waitrose, raising £25.5 million in cash.

"We believe that the spending power of many consumers will be reduced by a number of factors including rising energy and food prices," the firm said in a statement.

Bish-Jones will remain in his position for three months while a replacement is sought.

Related

5_Pocoyo.jpg

TRU boss stepping down

Toys R Us has confirmed that chief executive John Eyler and its COO, Chris Kay, will step down when the company is acquired by private investors.

Featured Jobs

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.

Liberty

UK Sales Agents

Liberty House Toys have been appointed as the exclusive UK distributor for the BiOBUDDi brand, and we are pleased to introduce this new unique, innovative and exciting range of 100% environmentally-friendly toy building blocks. We are seeking experienced sales agents with existing network in the toy retail market.

Gameplan Job Logo 620 x 349

Head of Product Development & Marketing

Our client is a privately owned French toy and games manufacturer which sells through distributors in forty countries. The company develops and sells innovative electronic interactive toys and games for the educational and gaming markets, and also takes suitable licenses. To progress its successful business development a Head of Product Development & Marketing is to to recruited.

HIT Entertainment Job Logo 620 x 349

Licensing Systems Administrator

The Contract System Coordinator is a newly created role to support the deal term entry process into Mattel’s new Contract Management System for its Licensing business. The role will support the Business Teams at the Deal & Amendment phase of the contracting process and act in conjunction with the System Administration team.