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Walmart chief Doug McMillon retiring after more than a decade
Walmart chief executive Doug McMillon will retire from his post in January, handing over the reins to a longtime deputy. The 59-year-old is stepping down after more than a decade at the helm of the world’s largest retailer, a period when it successfully expanded its online operations, while scaling back riskier international units. He will…
Greenland: How could Europe respond to Trumps tariffs threat?
Dearbail Jordan, Theo Leggettand Jonathan Josephs,BBC Business News Getty Images EC President Ursula von der Leyen struck a deal with Donald Trump last year Donald Trump’s threat on Saturday to impose tariffs on eight European countries unless they support his plan to buy Greenland came as a shock. The US president said he would introduce…
Lush co-founder takes pride in being a woke nerd
Pritti MistryBusiness reporter Lush Most companies and bosses would squirm at the idea of being called “woke” and may even regard it as an insult. But not Mark Constantine. Lush’s outspoken co-founder and chief executive wears it like a badge of honour and is not ashamed of turning it into a business philosophy. The firm…
Why are young people leaving Britain to work abroad?
Sol Hyde Nearly 200,000 people under the age of 35, including Sol Hyde (pictured), moved abroad in the year to June With rising rents, a tough job market and pay cheques stretched to the limit, some young Britons are choosing to build their futures overseas. According to the Office for National Statistics (ONS), 195,000 people…
