M&S had some good news Wednesday as it reported more customers, higher e-sales and improved Clothing & Home margins. But all other figures were poor as it spent heavily to force through the change it desperately needs.
U.S. civil liberties groups on Tuesday called on Amazon to stop offering facial recognition services to governments, warning that the software could be used to target immigrants and people of colour unfairly.
The Colorado-based media conglomerate has announced the appointment of Amazon alum Jeff Yurcisin, QVC vet Mary Campbell, former VF corp exec Aidan O’Meara and Tom Bazzone to a range of executive roles within the group.
In shock news, Tesco said it is to close its Tesco Direct non-food webstore, which sells clothing, homewares, furniture, electricals, toys, health & beauty and more, after conducting a review of the lossmaking business.
In another blow to the UK high street, Marks & Spencer has proposed more closures as part of its transformation strategy. Bayswater, Darlington, East Kilbride, Falkirk and Kettering will be amongst the towns affected.