Gifts Today magazine

Ringing the changes at Tesco

F&F chief Richard Collins leaves as Richard Price takes over.

Tesco clothing chief Richard Collins is stepping down and will be replaced by former BHS boss Richard Price, Retail Week can reveal.

It is not yet known whether Collins has a job to go to, but he will depart F&F on 28 August.

Retail Week
revealed in February that BHS managing director Price was stepping down to take up a senior role at Tesco.

Although Tesco refused to comment on Price’s appointment or the exact role he would take up, sources close to the situation said he was being drafted in as chief executive of F&F.

A spokesman for F&F today confirmed Price’s role.

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