There was a huge upset at Debenhams on Thursday as a major shareholder lost patience with its top two execs. The result is that its chairman stepped down after the AGM and the CEO has been voted off the board.
Sports Direct's biggest headache is integrating its House of Fraser buy, but its latest results show it forging ahead with developments at the rest of the business, although this is denting turnover at some chains.
The former CEO of M&S and Arcadia has issued a stark prediction for the health of the UK retail sector with Lord Rose saying in an ITV interview that Christmas trading is tough and he expects more failures next year.
The British government should levy a tax on retailers with online sales accounting for more than 20 percent of revenue to save traditional shopping districts, the boss of Sports Direct told lawmakers on Monday.