Industrial equipment cataloguer Slingsby will
not meet its trading expectations this year after a “marked
slowdown in activity levels” during late April and May.
Turnover for the full year to 31st December was £16.7
million, pretax profit was £1.1 million.
Simon King, Asda‘s chief operating officer, has
left the company after just six months in the job. The Telegraph quotes sources who say his time at
Asda “didn’t work out”.
Despite announcing the closure of more than 100 UK stores,
Mothercare is continuing on its international
expansion plans with new stores in Iraq, according to The Evening Standard.
Alan Haberman, a retail executive who led the battle to
standardise the barcode in supermarkets, has died aged 81. The
Guardian published his obituary.
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