Tesco’s Higginson to join Poundland as chairman

Poundland, the discount chain, has hired Tesco executive Andrew Higginson as chairman. Higginson, who was group finance and strategy director at Tesco for 11 years before taking on the role of head of retailing services officially retires from the grocer in september. He was also appointed chairman of N Brown, the catalogue retailer, last week.