All Department stores articles – Page 200
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NewsSir Richard Greenbury defends Marc Bolland’s M&S reward
Sir Richard Greenbury, ex-chairman and chief executive of Marks & Spencer, who led the retailer to profits of more than £1bn for the first time, has defended the reward package given to incoming boss Marc Bolland.
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NewsJohn Lewis ends year ‘in fine form’
Department store chain John Lewis and grocery stablemate Waitrose have both reported strong trading in the final week of their financial year.
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NewsDebenhams’ Rob Templeman linked to bid for DFS
Debenhams chief executive Rob Templeman is said to be considering a tie-up with private equity firm Cinven to mount a £500m bid for furniture group DFS.
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News
Macy's to cut 1,500 jobs
Department store operator Macy’s is to cut 1,500 store-level jobs, according to reports in the US press.The move comes as the retailer strives to improve efficiencies across the company. Remaining staff will undergo training to take on additional responsibilities.Macy’s spokesman Jim Sluzewski declined to confirm the number of redundancies, but ...
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NewsJohn Lewis named official retailer for 2012 Olympics
John Lewis has been named the official department store retailer of the London 2012 Olympic Games.
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Lotte Shopping gross sales increase
Department store and hypermarket operator Lotte Shopping has reported a 12.1% increase in gross sales to KRW3.4 trillion (£1.83bn) during its fourth quarter.Operating profit rose 22.2% to KRW260bn (£139.5m). Pre-tax profit was up 17.9% to KRW249bn (£133.6m).
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NewsJohn Lewis to open Olympic Games shop
John Lewis is to open an official Olympic Games shop at its Stratford store as it has been appointed official retailer to the London Olympics.
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NewsNigel Northridge to succeed John Lovering as Debenhams chairman
Department store group Debenhams has named Nigel Northridge as its new chairman.
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NewsBeales prospects improve as it slashes losses
Department store chain Beales reported a resilient full-year performance and reduced pre-tax losses by more than a third.
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AnalysisChristmas trading: Cause for celebration
To their relief, most retailers pulled off a good Christmas after a fraught year. As the festive trading season nears its end, Lisa Berwin examines the key findings from OC&C’s Christmas Trading Index
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OpinionEdinburgh retail: A tale of three streets
With the changing fortunes of its three principle shopping streets, Edinburgh is one of the better places to observe the the ebb and flow of high street retail in the UK.
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NewsBeales cuts losses after Christmas sales rise
Independent department store chain Beales said like-for-like sales rose 2.8% at Christmas and that full-year pre-tax losses reduced by more than a third.
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NewsDebenhams to cut 170 jobs in Ireland
Debenhams is poised to cut 170 full-time jobs in the Republic of Ireland.
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NewsEx-Debenhams web boss David Worby to drive online retail at Harrods
Harrods has hired former Debenhams head of direct David Worby to take the helm at its online division.
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NewsConsumer fears overshadow ‘super Thursday’ updates
Retail shares slid following last week’s ‘super Thursday’ round of updates and brokers have warned store stocks might now stall.
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NewsTJ Hughes unveils 4% Christmas sales rise
Discount department store group TJ Hughes has revealed like-for-like sales growth of 4% over Christmas.
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NewsLiberty sales up 20% in 2009
Sales at Liberty climbed 20% in 2009 after a revamp of the iconic department store boosted footfall.
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AnalysisJanuary Sales: Which retailers delivered the goods for bargain hunters?
The January Sales season started earlier than ever this year, but when consumers hit the shops which retailers were really delivering the goods?
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NewsDebenhams Christmas like-for-likes up 0.1%
Debenhams has reported like-for-like sales up 0.1% for the 18 weeks to January 2 and warned that the economic environment remains uncertain.
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NewsStrong Christmas brings cheer to House of Fraser
House of Fraser said like-for-like sales over the eight weeks to January 2 rose 7.1%.