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Tag: after

Massage Envy CEO out after ‘consensual relationship’ with employee

Well-known retail veteran Joe Magnacca has resigned as chief executive of Massage Envy. The nation’s largest provider of therapeutic massage and skincare services announced that Magnacca, who was appointed CEO in January 2016, has stepped down after he acknowledged having engaged in “a brief consensual relationship with an employee.” According to Massage Envy, Magnacca himself …

Massage Envy CEO out after ‘consensual relationship’ with employeeRead More

Massage Envy CEO out after ‘consensual relationship’ with employee

Well-known retail veteran Joe Magnacca has resigned as chief executive of Massage Envy. The nation’s largest provider of therapeutic massage and skincare services announced that Magnacca, who was appointed CEO in January 2016, has stepped down after he acknowledged having engaged in “a brief consensual relationship with an employee.” According to Massage Envy, Magnacca himself …

Massage Envy CEO out after ‘consensual relationship’ with employeeRead More

Why did my £170 Dr Martens split after just six months? | Money

I bought my daughter Dr Martens boots (Jadon platform) for Christmas last year – a hefty investment at £170 but worthwhile, I thought, as they are known to be hard wearing. Within six months holes appeared, including wide slits at the heels. The shop told us it was “wear and tear”. The slits were blamed …

Why did my £170 Dr Martens split after just six months? | MoneyRead More

Chick-fil-A’s first UK location will close after pressure from LGBTQ rights group

French fries and a fried chicken sandwich are arranged for a photograph at a Chick-fil-A restaurant. Michael Nagle | Bloomberg | Getty Images Chick-fil-A opened its first location in the United Kingdom in early October. A little more than a week later, the British shopping center leasing the location has already said it will not …

Chick-fil-A’s first UK location will close after pressure from LGBTQ rights groupRead More

Asos profits plunge 68% after tumultuous year of IT chaos | Business

Profits at Asos have plunged by nearly 70% in a tumultuous year during which the former stock market darling’s shares plummeted and the online fashion retailer grappled with IT chaos at its overseas warehouses. Sales rose by 13% to £2.7bn in the year to 31 August, but pretax profits fell by 68% to £33.1m. Major …

Asos profits plunge 68% after tumultuous year of IT chaos | BusinessRead More

After Woodford, where is the contrition from Hargreaves Lansdown? | Nils Pratley | Business

What does Hargreaves Lansdown, Neil Woodford’s former cheerleader-in-chief, make of its old hero’s decision to throw in the towel? Surely this is an ideal moment for the investment platform’s chief executive, Chris Hill, to share the “learnings and improvements” that apply to his own firm. He’s been promising to reveal the fruits of this exercise …

After Woodford, where is the contrition from Hargreaves Lansdown? | Nils Pratley | BusinessRead More

Government looks into Flipkart, Amazon festive discounts after retailer complaints, Retail News, ET Retail

NEW DELHI: The government is looking into whether hefty discounts offered on Walmart-owned Flipkart and Amazon.com during their online festive sales violate foreign investment rules, a commerce ministry official told Reuters. The Centre introduced new rules in February aimed at protecting the 130 million people dependent on small-scale retail by deterring big online discounts. The …

Government looks into Flipkart, Amazon festive discounts after retailer complaints, Retail News, ET RetailRead More

Kroger is downgraded after a mulityear mistake, Jefferies says

An employee pushes grocery carts outside a Kroger Co. grocery store in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Kroger was downgraded by Jefferies to hold from buy due to what it believes was a key mistake: investing in centralized fulfillment centers instead of micro-fulfillment. Kroger should be following Walmart’s lead, Jefferies analyst …

Kroger is downgraded after a mulityear mistake, Jefferies saysRead More

This woman-owned kombucha business booms after ‘Shark Tank’

With the popularity of specialty teas on the rise, it’s no wonder Kombucha has made a name for itself in the beverage sphere. Kombucha, a fermented probiotic tea, earns gold stars for a number of benefits, including promoting a healthy digestive system. But here’s the downside: The fizzy tea is a little pricey – typically …

This woman-owned kombucha business booms after ‘Shark Tank’Read More

UK retailers demand Brexit deal after worst September on record | Business

Retailers have urged the government to secure a Brexit deal with the European Union after their latest health check of high street and online spending showed the worst September performance since the survey was launched in the mid-1990s. The British Retail Consortium – the trade body for stores and digital suppliers of consumer goods – …

UK retailers demand Brexit deal after worst September on record | BusinessRead More