All Department stores articles – Page 196
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NewsBeales buys Westgate department store in Rochdale
Indie department store chain Beales has bought the Westgate department store in Rochdale for £300,000.
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NewsDebenhams considers sale and leaseback deals
Department store group Debenhams is reportedly considering a sale and leaseback deal over nine of its stores as it looks to pay off debt and invest further in the company.
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Arnotts to retain Richard Nesbitt as chairman
Irish department store Arnotts is expected to retain barrister Richard Nesbitt as chairman if the European Commission rules that the Anglo Irish Bank and Ulster Bank can take control of the business..
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NewsSelfridges drives Christmas
Selfridges has chosen the theme ‘Play’ for this Christmas, celebrating a return to fun and frivolity and a move away from the more austere traditional festive themes seen at the height of the recession last year.
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AnalysisWestfield Stratford: John Lewis, but not as we know it
It’s two years to the week that the London Olympic Games start and John Lewis is preparing a store with a difference.
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NewsArnotts could be sold for €1
The future of Arnotts remains unclear after it emerged that the iconic Irish department store could be sold for a little as €1 as part of plans to restructure its debts.
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Anglo Irish Bank seeks takeover of Arnotts
Iconic Irish department store Arnotts is set to come under the control of Anglo Irish Bank.
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NewsHarrods ‘in talks’ with Chinese government about Shanghai store
Harrods, the luxury London-based department store which was recently acquired by the investment vehicle Qatar Holdings, is understood to be in talks with the Shanghai Municipal Government about opening its first store outside of the UK.
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NewsHarvey Nichols profits up but Joseph Wan is nervous for 2011
Harvey Nichols chief executive Joseph Wan has revealed that the luxury department store will return to record pre-recession profit levels in its current financial year but has warned of a drop in shopper spend in 2011.
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NewsDebenhams refinances £650m of debt early
Debenhams has completed a £650m refinancing ahead of schedule.
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NewsSelfridges celebrates early Christmas
While the country prepares to bask in a mini-heatwave, Selfridges is getting into the spirit of Christmas and is gearing up to open its Christmas store earlier than ever before.
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NewsDebenhams completes refinancing
Debenhams has confirmed that it has completed the refinancing of its borrowing facilities, with the signing of a new £650m credit facility.
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AnalysisDebenhams: all about the bottom line
As it ramps up its own-label offer, the department store retailer has sacrificed sales to boost margins. George MacDonald asks if the strategy has paid off
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NewsHouse of Fraser to revive iconic Biba brand
House of Fraser is to relaunch British brand Biba in September in what the department store is calling the biggest fashion launch in its history.
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NewsDebenhams disappoints but maintains support
Debenhams issued a “disappointing” interim management statement last week, according to analysts, after like-for-likes weakened over the third quarter.
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NewsHouse of Fraser forecasts sales lift
Department store House of Fraser has forecast a sales increase as it announces the introduction of a range of multi-channel initiatives in a bid to improve the customer experience.
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Galeries Lafayette opening stores in China and Indonesia
French department store retailer Galeries Lafayette aims to open stores in China and Indonesia. The chain had already opened stores in Beijing, Singapore, Seoul and Tokyo in the 1990s but they were unprofitable and closed down.Galaries Lafayette is taking a more careful approach to Asian expansion this time and has ...
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NewsDebenhams posts like-for-like sales fall and acquires 115 Faith concessions
Department store group Debenhams has reported a like-for-like sales fall of 0.4% for the 42 weeks to June 19 and has agreed to buy bust footwear retailer Faith’s concessions.
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NewsBeales profits surge as revenue dips
Department store Beales pre-tax profit surged 67% to £909,000 in the 26 weeks to May 1.

















