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Hot Off The Wires - 26 February 2020


News


  • Retail sales have edged up by less than expected in February, according to the CBI.

  • Expedia to cut 3,000 jobs in major restructuring to trim workforce by 12% following the departure of its chief executive and chief financial officer in December.

  • Disney has announced the surprise early replacement of its chief executive Bob Iger; he will be replaced by Bob Chapek, the head of Disney’s parks and travel business.

  • The chief executive of SIG has left, only a fortnight after returning to work from a leave of absence; Steve Francis, an industry outsider, will become SIG’s sixth full-time or acting chief executive in ten years.


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