Experienced Retail Exec Higginson Steps In Amidst Challenging Times
- Andy Higginson appointed as BRC’s new chairman
- Over 30 years of experience in the retail industry
- Previously CFO at Burton Group and Tesco, chairman of Poundland, N Brown, and Wm Morrison Supermarkets
- Currently chairs JD Sports Fashion
- Will work with BRC CEO Helen Dickinson on development and policy challenges
- Higginson praises BRC membership benefits
- Helen Dickinson thanks Tony De Nunzio for leadership and support
The British Retail Consortium (BRC) has appointed Andy Higginson as the new chairman, succeeding Tony De Nunzio in September. Higginson brings over 30 years of senior executive and non-executive experience from major retail brands to the role. He was previously CFO at Burton Group and Tesco, chairman of Poundland, N Brown, and Wm Morrison Supermarkets, and currently chairs JD Sports Fashion. In his new position, Higginson will collaborate with BRC CEO Helen Dickinson to guide the organization’s development and address industry policy and market challenges. He has praised the benefits of BRC membership and looks forward to working with Dickinson’s team to support the wider retail industry. De Nunzio expressed gratitude for his time at BRC, stating he joined during the pandemic and witnessed its impact on the sector.
Factuality Level: 10
Factuality Justification: The article provides accurate information about the appointment of Andy Higginson as the new chairman of BRC, his experience in the retail industry, and his plans for the organization’s development. It also includes quotes from Higginson and De Nunzio that add credibility to the report.
Noise Level: 2
Noise Justification: The article provides relevant information about the appointment of a new chairman for BRC and acknowledges the outgoing chairman’s contributions. It also briefly mentions the challenges faced by the industry during Covid-19. However, it lacks in-depth analysis or discussion on the implications of these changes and does not offer any actionable insights or solutions.
Financial Relevance: Yes
Financial Markets Impacted: Retail industry
Financial Rating Justification: The article discusses the appointment of a new chairman for the British Retail Consortium (BRC), which is an organization representing retailers in the UK. This change in leadership can impact the direction and policies of the retail industry, affecting companies within it and potentially financial markets.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the text.
www.retailsector.co.uk 
