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Asda managers left in the dark over bonus cuts

Retail Gazette

Asda managers only found out about the supermarkets decision to scrap their annual bonuses when the news broke in the media, sources have told Retail Gazette. The supermarket giant has reportedly scrapped its bonus scheme for more than 10,000 managers due to underperformance, with the news first emerging in The Telegraph earlier this week.

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SurfStitch managing director stepping down this week

Inside Retail

Justin Hillberg, managing director of shared services of SurfStitch-owner Alquemie Group, is stepping down from his role leading the surf brand’s restructure at the end of this week. Hillberg joined SurfStitch as merchandise manager in 2014, before becoming general manager in 2015 and managing director in 2018.

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Klarna Takes Another Step Toward IPO as it Showcases Profitability and New Walmart BNPL Deal

Retail TouchPoints

since 2015 , handled $105 billion in gross merchandise value (GMV) and has 93 million active customers and 675,000 merchants using its services. Walmart Makes Klarna Exclusive BNPL Provider Additionally, Klarna will partner with OnePay to exclusively offer installment loans at U.S. Walmart stores. million U.S. associates.

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Asda confirms lay-offs in cost-cutting drive after worst Christmas in years

Retail Gazette

Asda chairman Allan Leighton has launched his first set of cost-cutting at the grocer, following its disastrous Christmas period. The beleaguered supermarket cut roles for 13 regional managers last week under a shake-up designed to reduce headcount and improve performance, The Telegraph reported.

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The Beaverbrooks Group Chairman honoured with ‘Lifetime Recognition Award’ for outstanding workplace commitment

Retail Focus

Mark is the third generation of Beaverbrooks and his career spans 45 years, during which he has consistently placed people at the heart of the business. In 2015, he was presented an OBE for Services to Business and Charity in the North of England.

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NOBULL Announces Launch of First Permanent Concept Store in Europe at Battersea Power Station

Retail Focus

Founded in Boston in 2015, NOBULL is a footwear, apparel and accessory brand with a strong global community. NOBULL will have a diverse calendar of events at Battersea Power Station that will allow the community to train together, socialize with other fitness enthusiasts, and attend a variety of workshops.

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Why demand for Akubra hats is at an all time high

Inside Retail

Demand is at an all time high and there’s now a six-to-eight week backlog at the brand’s manufacturing facility in Kempsey, NSW. “We We talk a lot as a management team about what’s the big driver,” Andrew Angus, Akubra’s general manager of sales and marketing, told Inside Retail. “Is

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