Retailers on the move – change is imminent

Retailers are feeling restless at the moment if the amount of job moves announced in the last week or two is anything to go by. From the departure of chief executive Alan White and chairman Lord Alliance at N Brown to Mark Newton-Jones successor Alex Baldock at Shop Direct Group there is big change in the home shopping market.

But the job merry go round is affecting other sectors of the retail market too.  Fortnum & Mason has finally filled the gap left by the departure of Beverley Aspinal in April with the appointment of Selfridges director Ewan Venters as chief executive. At Morrisons group finance director Richard Pennycook is leaving to pursue a portfolio career, whilst at Bhs it has recruited M&S menswear trading director Richard Price to become its new managing director. At Kingfisher Karen Witts, chief financial officer of Vodafone, becomes group finance director following the promotion of Kevin O’Byrne who becomes divisional chief executive for B&Q.

And these are just a few of the changes. As retailers look to continue battling for customers in the current climate it’s no surprise they want the best people in place and with fresh blood come fresh ideas. It’s no surprise that most of these new recruits will start their new roles in September — just as retailers begin the ramp up to their most vital trading period of all – Christmas.

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