Eason warns shareholders of ‘necessary cost efficiencies’in new strategy plan

Liam Hanly, the current group finance, IT and logistics director, will take over as managing director from June

Eason, the Irish-owned book and stationery retailer whose chief executive Conor Whelan stepped down last week, has told its shareholders that “significant but necessary cost efficiencies” lie ahead for the business.

Eason last week appointed Liam Hanly, its current group finance, IT and logistics director, as its new managing director from June.

James Osborne, the chairman of the group, said in a letter to shareholders last week: “We have just finalised our strategy ...