All Department stores articles – Page 135
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NewsCold Christmas for retail as sales growth stalls
Retailers’ hopes for a winning Christmas have been dashed after food suffered its worst performance for five years and non-food was saved by online.
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OpinionComment: For Next, imitation may offer more than just flattery
Next, the UK’s second largest clothing retailer, has raised its profit forecast following strong Christmas sales.
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AnalysisMarks & Spencer third quarter update: What the analysts say
Marks & Spencer today revealed struggling general merchandise sales pulled down its third quarter performance which it blamed on a warm October and pre-Christmas disocunting. Retail Week takes a look at what the analysts say.
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NewsMarks & Spencer blames warm weather and discounting for lacklustre quarter
Marks & Spencer has blamed warm weather in October and Christmas discounting for its lacklustre third-quarter performance, which was dragged down by general merchandise sales.
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NewsLiberty reports 17% rise in Christmas sales
London department store Liberty has posted a rise in sales over the Christmas period after the retailer flung open its doors to a Channel 4 camera crew to give the viewers an insight into the running of one of London’s most famous stores.
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OpinionComment: Next makes money in the middle market
Next was very much in fashion with shoppers over Christmas, when it posted better than expected sales.
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NewsBreakfast briefing: WHSmith, Boots Ireland, Marks & Spencer, Liberty
Retail news round-up on January 9, 2014: WHSmith faces revolt over Kate Swann’s pay-off, Boots Retail pre-tax profit jumps 14%, Marks & Spencer third quarter sales hit by warm October, Liberty Christmas sales up 17%
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NewsHarvey Nichols hires former Burberry finance chief Stacey Cartwright as new boss
Harvey Nichols has appointed former Burberry finance boss Stacey Cartwright as its new chief executive, replacing Joseph Wan who has been in the post for 21 years.
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AnalysisAnalysis: Debenhams, what went wrong at Christmas?
The scale of the department store group’s December profit warning came as a shock. Tiffany Holland looks at why it failed to wrap up festive sales.
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NewsBreakfast briefing: Retail news on Marks and Spencer, Sainsbury's and Jigsaw
Retail news round-up on January 6, 2014: Marks & Spencer likely to post disappointing festive sales, Sainsbury’s to stop selling physical media online, Sports Direct comes under fire for encouraging sexism and Jigsaw enjoys Christmas sales jump
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NewsBreakfast briefing: Retail news on House of Fraser, Walmart, Dixons and The Co-op
Retail news round-up on January 3, 2014: House of Fraser to float this year, Walmart recalls donkey meat product after fox contmination, Dixons sees online traffic surge and Co-op launches January sale.
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OpinionComment: The Christmas retail story will be margin, not just sales
Christmas updates from Debenhams, House of Fraser and John Lewis told wildly differing stories about seasonal trading.
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OpinionComment: How John Lewis and House of Fraser outperformed Debenhams
There’s something about department stores and Christmas. Maybe it’s the influence of the movie Miracle on 34th Street but the two somehow seem to go together.
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NewsJohn Lewis full-price strategy pays off as Christmas margins hold firm
John Lewis margins held firm over Christmas after it maintained its full-price strategy over the festive period, according to boss Andy Street.
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NewsHouse of Fraser delivers best ever Christmas driven by online sales
House of Fraser has recorded its best Christmas trading period fuelled by a 57.7% surge in online sales.
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NewsJohn Lewis Christmas sales hit £734m as it plans to open 25 stores by 2023
John Lewis recorded a 7.2% sales jump to £734m in the Christmas trading period as it revealed plans to ramp up store openings in the next 10 years.
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NewsDebenhams chief financial officer Simon Herrick resigns
Debenhams chief financial officer and director Simon Herrick has resigned and will leave the retailer on February 7.
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NewsBreakfast briefing: Retail news on John Lewis, Debenhams, Osborne Stationers, Asda and Ikea
Retail news round-up on January 2, 2014: John Lewis plans to double store estate in next decade, Debenhams chief financial officer resigns, Osborne Stationers sells two stores to Paperweight, Asda kicks off discounting campaign and Ikea aims to double market share in Germany.
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NewsDebenhams warns on profits as Christmas shoppers stay away
Department store group Debenhams has issued a profit warning after Christmas shoppers shunned the retailer.