Retail Detail (UK Grocery/Fashion market share, Hermes preview, GLP-1 usage)

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Retail Detail (UK Grocery/Fashion market share, Hermes preview, GLP-1 usage)

Barclays | Retail Detail (UK Grocery/Fashion market share, Hermes preview, GLP-1 usage)

Ahold Delhaize appoints former Nordstrom, Tesco and Expedia CTO to Supervisory Board.

Ahold Delhaize has nominated Edmond Mesrobian to its Supervisory Board. Mesrobian is

currently a Board Member at Criteo. He was Chief technology and Information Officer at

Nordstrom between 2018 and 2022, Chief Technology Officer at Tesco between 2015 and 2018,

and Chief Technology Officer at Expedia between 2011 and 2014.

Gap announces marketing modernisation initiative. In Cannes yesterday, Gap announced an

AI-led initiative to modernise how the company uses shared platforms for marketing, partnering

with Google Cloud, Zeta Global and Publicis Sapient. The initiative is expected to enable faster

personalization, better decision-making, and continuous learning across marketing content,

activations, and e-commerce.

M&S closes Warrington outlet store less than a year after opening. M&S closed its 6,000 sq ft

outlet store at Riverside Retail Park in Warrington on 21 June, less than a year after opening,

reported Drapers yesterday. The retailer said the site’s performance had not met expectations,

having announced the closure in May. Additional closures have also been reported in Newport

and Swansea as well as the planned closure of its store in Walton-on-the-Naze.

BRC urges next UK PM to address retail cost pressures. The British Retail Consortium has

called on the UK’s next prime minister to prioritise reducing business costs and supporting

investment following Sir Keir Starmer’s resignation yesterday, reported Retail Gazette

yesterday. The trade body said retailers face a “cost of doing business crisis” after billions of