Sofa retailer ScS appoints former Argos boss Walden as chair

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He will replace Alan Smith, who will withdraw from the group at the end of next year.

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ofa retailer Scs has appointed former Argos boss John Walden as chairman, replacing Alan Smith, who will retire from business at the end of next year.

Walden will join the SCS board in early March 2023 as an independent non-executive director and designated chairman. He is currently non-executive chairman of used car seller Motorpoint and Snowfox Topco Ltd, the Guernsey investment company behind restaurant chain Yo Sushi.

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Smith said: “I am delighted that John is joining the SCS board and, in time, will succeed me as chairman of the group.

“He brings deep board level expertise in both executive and non-executive capacities, has excellent consumer driven and all-encompassing experience, and has led transformational and digital transformation in both the UK and US. John will be a great addition to the ScS team “

Last month, the predominantly retail park-based retailer warned that cost pressures had impacted orders despite SCS still lifting its profit expectations for the rest of the year.

The furniture retailer reported a 3.9% increase in orders as of July 30 over the previous year.

Walden has held several senior roles including President of Naked Wines and President of Holland & Barrett International. He was previously the Executive Director at FTD Companies and also the CEO of Argos and its parent company Home Retail Group.

He previously held several senior roles with Best Buy, including executive vice president and president of its online division.

He said: “I am delighted to join the Board at SSC. The business is a leader in its field, and excels in operations with a strong balance sheet, solid board and leadership team and an opportunity and plan for improvement and growth. I look forward to working with the SSC team.”

Credit: www.standard.co.uk /

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