News roundup—3rd April 2008

News roundup—3rd April 2008

Retailing group Kingfisher, which owns Screwfix
Direct and B&Q, has appointed Superdrug boss Euan
Sutherland as its UK division’s chief executive. The Times reports that his first task will
be “reviving the fortunes” of B&Q’s stores.

Profits are up but like-for-like sales are down at
Woolworths. The home and entertainment retailer released
its annual results for the for the year ended 2 February 2008
revealing a weakness in the “electrical and computing
sector” reports the BBC. In addition, the group, which once relied
heavily on shopping vouchers, found that sales declined sharply
following the bad publicity surrounding the Farepak
collapse in 2006.

The UK version of the new Abercrombie & Fitch
catalogue has a $200 (£100) price tag, reports Why? Because it features
nude models. The preppy apparel brand had to stop producing a $6
(£3) catalogue in 2003 after it was accused of obscenity.

Career progression is the single largest area of
dissatisfaction in retail according to a survey carried out by
Lann Consulting. talks to N Brown’s head of group HR
Steve Smith about perks and incentives to keep staff happy:
“At the end of the day, if moving companies means losing a
bonus payment that you have been working towards all year – more
often than not an employee won’t want to walk away without


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