All Department stores articles – Page 206
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News
Department stores' sales suffer in June
Department stores have revealed lacklustre sales in June.Neiman Marcus reported total sales fell 19.4 per cent during the five-week period. Sales declined to $323m from $401m (£200.7m from £249.1m) the year before. Like-for-like sales at the group, which also includes Bergdorf Goodman, fell 21 per cent.Macy’s posted a 9 per ...
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NewsRecord week’s sales for Waitrose
Waitrose enjoyed a record week’s sales outside of Easter or Christmas as the heatwave swept across the UK.
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News
Seven & I reports a 28 per cent slump in profits
The country’s largest retailer Seven & I reported a 28 per cent slump in profits to ¥23.7bn (£146.9m) in the three months to the end of May as the country feels the full force of the recession.Sales at the retailer, which operates the 7-Eleven convenience store chain, Ito-Yokado supermarkets fascia ...
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NewsDebenhams’ Sharp says price increases to hit 5%
Debenhams deputy chief executive Michael Sharp has forecast that prices will increase by 5 per cent as currency fluctuations continue.
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AnalysisWhat it’s like to work at…John Lewis
The inside view from John Lewis personnel director Laura Whyte
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NewsInquiry brings Belfast John Lewis closer
John Lewis has moved a step closer to getting the go-ahead for its Sprucefield department store in Northern Ireland.
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NewsRetail collapses trigger £1bn losses for Crown Estate
The collapse of retailers in the recession has contributed to the Queen’s Crown Estate suffering a £1bn loss.
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NewsBeales plots ‘aggressive’ strategy to regain profits
Beales is confident of returning to profitability when the recession abates after outlining its strategy to see it through the downturn.
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NewsNew Look and Next take over Ballymena Bhs
Fashion retailers New Look and Next have signed to take space in the former Bhs store in County Antrim, Northern Ireland.
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NewsEast of England Co-op to sell non-food stores
The East of England Co-operative Society is to sell the majority of its non-food stores as it seeks to offload most of its department and home stores business to Vergo Retail.