All Department stores articles – Page 179
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NewsChristmas discounting to hit recessionary levels
Retail casualties expected as heavy discounting hits margins in the golden quarter.
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News
Sales decrease for department store group Myer
Department store group Myer’s first-quarter sales fell by more than 5.1% on a like-for-like basis in the first quarter ended October 29.The retailer’s sales for the period totalled AUD680m (£437.1m), down 3.5% on the comparable period last year. However, the retailer was pleased with the results as sales during the ...
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OpinionNo room for error as promotions drive retail
You know it’s Christmas when Debenhams goes on Sale – the department store group’s seasonal spectaculars have become as traditional as mince pies.
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AnalysisMarks & Spencer X Factor
Just when you thought the X Factor couldn’t get any more ubiquitous, retail bellwether Marks & Spencer has launched a Christmas ad based on the show.
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NewsDebenhams to launch 'Christmas Spectacular' Sale this week
Debenhams is to launch its ‘Christmas Spectacular’ Sale this Wednesday, offering price cuts of up to 40%.
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NewsJohn Lewis customers "resilient" despite sales dip
John Lewis sales slipped 0.8% to £76.3m in the week to Saturday November 12.
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GalleryChristmas future
Break out and hang up the decorations, Christmas windows are once more upon us. But is it a case of same old, same old, or are retailers offering something new? John Ryan reports.
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GalleryJohn Lewis, Oxford Street, fourth floor
John Lewis used to the place that your mum took you where you were forced to hover while she inspected the haberdashery department and assessed the school clothing that you were going to model.
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NewsJohn Lewis Christmas ad unveiled
John Lewis managing director Andy Street remains upbeat on prospects for the festive season as he hailed the department store’s Christmas ad, unveiled today, the retailer’s best yet.
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NewsBolland and King highlight changing shopper behaviour
M&S and Sainsbury’s aim to ensure consumer demand for quality and value is effectively met.
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NewsDrama dominates as Kesa sells Comet
Stores shares advanced across the board in a week dominated by dramatic corporate action and results from some of the industry’s biggest names.
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OpinionM&S strategy looks sound
So far so good for Marc Bolland. While the Marks & Spencer chief executive revealed a fall in first-half profits this week, the overall performance was in line with analysts’ expectations and most onlookers breathed a sigh of relief.
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GalleryIn pictures: M&S Food on the Move
First look at M&S Food on the Move which opens on Friday at Baker Street, London.
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News
Sale of Galeria Kaufhof in the offing
A sale of Metro-owned department store chain Galeria Kaufhof could be in the offing, as local press reported interest from billionaire Greek investor George Economou.Meanwhile, Nicolas Berggruen, owner of rival department store chain Karstadt, has also tabled a bid, according to reports. It is not known whether Berggruen is interested ...
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OpinionThe right kind of incentives
In today’s ‘me’ world as exemplified by the celebrity culture and institutionalised corporate greed – which allied to bad management has led in the banking sector to the derailing of the global economy – it is very refreshing that the retail industry can set a good example for business.
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NewsMarks & Spencer suffers half year profits drop
Marks & Spencer has revealed a fall in underlying pretax profit to £315.2m from £348.6m in the 26 weeks to October 1 as the retailer invested in offering customers value for money in light of the depressed economy.
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OpinionMarks & Spencer on the Move
News that M&S is to open a food on the move outlet this week is interesting but what are its chance of success?
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News
Sears announces launch of new digital local ad programme
Sears has announced the launch of its new digital local advert programme at Sightssearslocalad.com and Kmartlocalad.com.The sites offer shoppers current pricing and promotions as well as real-time stock checks for their local Sears or Kmart store. They also allow customers to shop by category and create item lists that can ...
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GalleryGoing for glamour
The department store has repositioned its beauty hall at Manchester Exchange Square, upping the glamour stakes. John Ryan visits.
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NewsFirst M&S Food on the Move store to be trialled in London
Standalone shop will sell hot and cold food from the retailer’s existing ranges targeted at commuters.