All Department stores articles – Page 2
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NewsJohn Lewis Partnership losses more than double as it steps up investment
John Lewis Partnership losses more than doubled during its first half as it stepped up investment into its retail businesses amid its ongoing turnaround.
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NewsJohn Lewis Partnership aims to generate nearly £300m from loyalty schemes and retail media
The John Lewis Partnership is striving to generate nearly £300m in extra profit from both its loyalty schemes and retail media arm as it continues its turnaround.
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Opinion'Au revoir to John Lewis boss Peter Ruis'
Short-term trading may be hard, but as Peter Ruis moves on from John Lewis, the retailer seems confident in the strategy he set, believes George MacDonald
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AnalysisHow John Lewis is planning to position itself at the forefront of AI-powered retail experiences
John Lewis is overhauling its digital strategy and said it is now treating AI agents like customers as it unveiled its latest set of retail investments this week.
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NewsHarvey Nichols sale set to cost suppliers hundreds of millions
Luxury suppliers to Harvey Nichols are set to recover less than 15p in the pound after the luxury department store went into administration owing £270m to unsecured creditors.
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NewsJohn Lewis opens online Christmas shop as early festive planning surges
John Lewis has opened its online Christmas shop more than 100 days before the big day, after recording a rise in early festive planning.
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NewsMike Ashley says Burnham's 'populist policies' will not help high street
Mike Ashley has written to prime minister Andy Burnham criticising his “recent populist policies” and asked what policies he will implement to help him turn around Harvey Nichols.
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NewsLiberty to open expanded jewellery department in September
Following the success of the expansion of its fabrics department at its London flagship, Liberty is planning to more than double the square footage of its jewellery department, Retail Week understands.
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GalleryFirst look: John Lewis unveils new restaurant concept Platter
John Lewis has launched its new in-store restaurant concept, Platter, at its Oxford Street flagship this week ahead of a wider rollout, Retail Week can reveal.
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Opinion‘The Harvey Nichols brand still carries value and affection’
Frasers’ experience with Flannels could provide the launch pad for a new iteration of Harvey Nichols, believes analyst Maureen Hinton
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NewsFrasers to pay off former Harvey Nichols owner’s debt to stylists
Frasers Group has shared it is making goodwill payments to personal shoppers and stylists who were owed money by Harvey Nichols under its previous ownership.
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Opinion‘It’s time for retailers to focus on their £300bn services blind spot’
Retail has been defining its market far too narrowly, allowing vast customer need to be monetised by somebody else, argues OC&C’s Matt Coode
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NewsFrasers raises stake in Hugo Boss to 47%
Frasers Group has increased its stake in Hugo Boss to more than 47%, falling short of taking control of the German fashion brand.
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Opinion‘Department stores’ quest for grail of success continues’
Harvey Nichols has yet to find contemporary relevance, but news this week from Fenwick, Harrods and John Lewis showed that other department store groups are not standing still, believes George MacDonald
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AnalysisCan Harvey Nichols prove its worth to Frasers?
Harvey Nichols was once London’s glitzy department store, but now it’s facing an uncertain future as new owner Frasers Group warns there are “tough choices” to be made.
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NewsHarvey Nichols acquired by Frasers Group
Frasers Group has scooped up luxury department store retailer Harvey Nichols in a pre-pack deal that preserves over 1,000 jobs.
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Opinion‘Without a shining London flagship, it’s difficult for Harvey Nichols to be seen as a leading light’
As Frasers tycoon Mike Ashley circles Harvey Nichols, the big question is whether he keeps the famous Knightsbridge branch. Does the site have more value being converted to residential or office use, wonders former Selfridges boss Peter Williams
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AnalysisWill John Lewis’ new MD finish what his predecessor started?
The news that John Lewis managing director Peter Ruis is to step down, handing the reins to Will Kernan, was a bolt from the blue.
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NewsFenwick slashes losses as transformation strategy kicks in
Department store group Fenwick has cut full-year losses by 40% in the first year of a transformation programme, Retail Week can reveal.
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NewsJohn Lewis names new boss as Ruis steps back
John Lewis has appointed a new managing director to succeed Peter Ruis.