All Department stores articles – Page 195
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NewsBhs is latest department store to kick off Sale
Arcadia-owned department store chain Bhs has launched a three-day Sale on autumn stock just days after rival Debenhams marked the arrival of its autumn collection with an in-season Sale.
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NewsDebenhams launches surprise in-season Sale
Debenhams has launched a four day Sale Spectacular on new autumn stock, a highly unusual move for the department store.
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NewsJohn Lewis profits to bounce back
John Lewis is expected to say that profits at the department store chain have returned to pre-recession levels when it updates on its half-year results this month.
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House of Fraser to invest £5m in Meadowhall store
House of Fraser has pushed the button on plans to refurbish its Meadowhall store in Sheffield, the store’s first makeover since the shopping centre opened 20 years ago this month.
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NewsSelfridges multichannel director departs
Selfridges multichannel director Peter Robinson has left the business six months after the launch of its transactional website.
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NewsShortage of gift vouchers hits John Lewis sales
The John Lewis Partnership has lost sales over the last two months after suffering a shortage of gift vouchers following its supplier’s collapse into administration.
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AnalysisKeeping up appearances
Consumers may not be confident of the economic outlook, so retailers need to be ready to fight this with subtle changes to their marketing messages and propositions, finds Nick Hughes
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NewsMarks & Spencer to open in Egypt
Marks & Spencer is to open its first store in Egypt within the next year.
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NewsM&S shareholder gives thumbs-up to Robert Swannell’s appointment
Marks & Spencer’s largest shareholder has welcomed the appointment of its new chairman Robert Swannell.
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Former Selfridges finance man joins Arnotts
Arnotts, the iconic Irish department store that was recently taken over by its banks, has appointed former Selfridges director of finance Ray Hernan as chief operating officer.
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NewsFenwick awards £3.8m dividend despite falling profits
The Fenwick family, owners of the eponymously-named chain of luxury department stores, will receive a dividend of £3.8m despite a drop in both sales and pre-tax profit at their 11 outlets during 2009.
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NewsMyleene Klass fronts Marks & Spencer TV
Marks & Spencer has launched an online fashion show fronted by its brand ambassador Myleene Klass.
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JC Penney Q2 net income reaches £9m
JC Penney has reported net income of $14m (£9m) for the second quarter of 2010, compared with a loss of $1m (£640,000) for the same period last year. Like-for-like sales were positive for the second consecutive quarter, increasing 0.9% from last year, although total sales were down 0.1% at $3.93bn ...
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Nordstrom Q2 earnings rocket 38.6%
Department store chain Nordstrom has reported that its net earnings in the second quarter rocketed 38.6% to $146m (£93.5m). Sales rose 12.7% to $2.42bn (£1.55bn) while like-for-likes increased 8.4%.Multichannel like-for-likes were up 9.9%. Meanwhile, like-for-likes rose 8.2% at full-line stores and 34.1% in Nordstrom’s Direct channel. Nordstrom Rack reported a ...
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NewsHouse of Fraser launches overseas delivery
Department store House of Fraser has launched its overseas delivery service as part of plans to achieve a 150% increase in online sales by the end of the year.
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NewsNew Arnotts chairman plans brand shake up to appeal to core customer
The new chairman of Irish department store Arnotts, Mark Schwartz, has laid out plans to change the offer of the shop to appeal to its core customer.
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NewsEarly Sale tactics pay off for West End stores
Department stores reaped rewards by moving their summer Sales forward to benefit from the surge in Middle Eastern shoppers ahead of the Ramadan religious festival.
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SM Investments' records retail division profits up 25% to £39m
Supermarket and department store operator SM Investments reported its retail division’s profits were up 25% to PHP2.8bn (£39m) in the first half. The growth was attributed to increased operational efficiency and economies of scale resulting from expansion. Total sales were up 12% to PHP63.4bn (£883m). President Harley Sy said: “We ...
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Arnotts chairman leads board reshuffle
Mark Schwartz, who was appointed chairman Arnotts yesterday, has led a reshuffle of the board ofthe Irish department store and is reviewing its senior management team.