All Department stores articles – Page 203
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NewsJohn Lewis Value range to launch
The department store group will launch a lower-priced range of products for the first time on Monday.
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NewsEBITDA and sales grow at House of Fraser
House of Fraser has given an solid update with EBITDA up 16% in the first half of the year.
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NewsJohn Lewis to launch Value range
John Lewis is to launch a low-priced ‘Value’ range this week in a bid to compete with the non-food ranges of the supermarkets.
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NewsJohn Lewis reports strong bank holiday trade
John Lewis reported an upbeat weekly trading report, helped by new product lines in home and fashion.
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NewsDebenhams cuts costs with IT helpdesk automation
Debenhams has cut the costs of running its IT helpdesk by 25% with the deployment of a service management system that has allowed it to automate some processes.
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NewsArcandor boss in multi-million euro pay off
The chief executive of insolvent German retailer Arcandor is in talks to step down from his role on Tuesday and pocket up to €15m for six months’ work.
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NewsJohn Lewis to sell updated version of wartime pamphlet Make Do and Mend
John Lewis is to publish its own updated version of the famous wartime pamphlet, Make Do and Mend, as it takes advantage of the frugality revival in the recession.
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NewsMixed fortunes for John Lewis, but Waitrose prospers
A “week of two halves” resulted in satisfactory results for John Lewis but the department store chain’s overall sales remain down on last year.
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NewsItalian retail giant Gruppo Coin looks for UK stores
Italian retailer Gruppo Coin is seeking suitable UK locations to launch its department stores and fast-fashion chain OVS.
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NewsLiberty losses narrow
Upmarket London department store Liberty has reduced its first half losses after the relaunch of its West End flagship store proved a success.
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NewsSainsbury's in biggest ever Christmas recruitment drive
Sainsbury’s has launched its biggest ever pre-Christmas recruitment drive, hiring 20,000 seasonal staff.
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NewsDebenhams asks for improved supplier terms
Department store group Debenhams wrote to some of its suppliers last month, demanding that they meet its “minimum standard payment terms” by August 4.
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NewsJohn Lewis fashion holds out amid sales dip
John Lewis sales fell 1.4% in the week to August 15 with fashion showing resilience despite the good weather keeping shoppers out of the stores for a large part of the week.While fashion remained flat, the decline in sales of beds, bedroom furniture and white goods showed signs of slowing.The ...
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News
Matahari continues to experience strong growth
Department store and grocery store operator Matahari, the largest local retailer, continues to experience strong growth. Sales were up 15.3% for the first six months to June 20 to reach IDR6 trillion (£359m).However, operating profits declined due to higher operational costs, such as wages. Sales were supported by the continuing ...
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GalleryStore of the Week: Harvey Nichols, Knightsbridge
You can normally rely upon Harvey Nichols to do something special with its windows: it’s part of the way the brand works. However, the Knightsbridge flagship has a scheme at the moment that is likely to stop even the most fashion-hardened Sloane in her tracks.
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NewsWeak consumer confidence continues to hit US retail sales
There was little sign of improvement in consumer confidence in the US as many retailers reported second quarter results yesterday.
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NewsGood weather hits John Lewis sales
John Lewis reported that good weather last weekend was bad for business and weekly sales at the eponymous department stores fell 5.3% year on year.
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NewsLuxury department stores fend off recession with sales gains
Department store operators Harrods, Harvey Nichols and Fenwick have reported resilient trading over the past year, despite the bleak retail landscape.
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OpinionWhat is Harrods’ secret?
Harrods has delivered a strong set of results in a difficult climate. What is its secret?
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News
Arcandor faces break up
German retail group Arcandor, which filed for insolvency in June, has ended its search for an “anchor” investor to keep the business afloat, which may lead to a break up of the company.