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Morrisons boss David Potts to give up

Potts exits after main Morrisons by its acquisition by American non-public equity fund Clayton, Dubilier & Rice in a bid led by ex-Tesco boss Sir Terry Leahy. That £7 billion, funded largely by debt, adopted an intense bidding struggle.He shall be changed by Rami Baitieh,...

Wilko job cuts to start on Monday with assist employees to be laid off

Wilko is to begin reducing jobs, letting go of its assist employees similar to HR on Monday and distribution employees later this week, the union that represents a 3rd of its employees stated, as the one bid to avoid wasting its whole business collapsed.The...