UK: Morrisons New Chief Exec Continues Management Cull
Just days after disposing of the services of five directors on Morrisons’ 11-strong management board, the group’s new Chief Executive David Potts has made cuts to the next tier of management.
UK: Tesco Scraps London Division; Begins Land Sell-Off
Tesco is reported to have scrapped its London division and merged it with its South division.
UK: Tesco Extends Food-To-Go Offering With Opening Of Mexican Outlets
Tesco has signed a deal with former The Apprentice contestant Tim Stillwell to develop Mexican food-to-go outlets in its stores.
UK: Hancocks Expands Energy Drinks Range
Hancocks has expanded its range of energy drinks, with the addition of two new lines.
GLOBAL: Dufry Snaps Up World Duty Free
Dufry has announced the acquisition of a majority stake in World Duty Free, creating the world’s largest travel retailer.
RUSSIA: X5 Retail Gets OK For SPAR Deal
The X5 Retail Group has received approval by the Russian regulator to acquire dozens of stores which trade under the SPAR banner in the Moscow region.
The move will see the country’s second-largest retailer acquire 27 stores from seven legal entities that control the outlets currently.
the rest of today's retail industry news here