Walgreens to Cut 4,000 Jobs in U.K. Boots Stores, Suspend Buybacks

The Covid-19 pandemic has been challenging for drugstores such as Walgreens, as patients put off visiting doctors and other health providers.PHOTO: NAM Y. HUH/ASSOCIATED PRESS Pharmacy chain swings to loss, as drop in customer traffic during coronavirus weighs on demand at Boots stores Walgreens Boots Alliance Inc. said it plans to cut about 4,000 jobs in the U.K.... Continue Reading →

Soletrader to permanently shut 8 UK stores

By Sahar Nazir -July 7, 2020 Soletrader will permanently close eight of its 37 stores in the UK // The retailer will shutter eight shops in the UK Soletrader will reportedly shutter eight stores in the UK after its parent company Twinmar Limited placed it into a creditors’ voluntary liquidation. RG Insolvency directors Avner Radomsky and... Continue Reading →

Sainsbury’s hit by fat cat pay row: Grocer under fire over ‘excessive’ deal handed to new boss Simon Roberts

By DAILY MAIL CITY & FINANCE REPORTER Sainsbury's is under fire over the 'excessive' pay deal handed to its new boss Simon Roberts. Just days after Tesco suffered one of Britain's biggest shareholder revolts over fat-cat pay, its supermarket rival was accused of failing to align executive rewards with the interests of shareholders. Advisory group... Continue Reading →

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