All Department stores articles – Page 209
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NewsJohn Lewis says trade remains challenging
John Lewis has reported a slump in weekly sales of 11.6 per cent as the department store chain said the “trading climate remains challenging”.
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NewsLiberty losses widen but sales climb
Iconic London department store Liberty has reported that pre-tax losses widened slightly for the year to December 31, but sales rose 9 per cent to £50.2m.For the full year, Liberty said pre-tax losses increased from £6.4m in 2007 to £7m. The group highlighted that large one-off costs such as the ...
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Arcandor to restructure
Arcandor, operator of department store chain Karstadt and home shopping group Primondo, is to restructure its business at a cost of €900m (£800.4m) over the next five years.Karstadt will form part of a new management board-level division called Atrys. Arcandor aims to save 5 per cent of its €7bn (£6.23bn) ...
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NewsHamleys to exit House of Fraser as it eyes bigger stores
Hamleys is pulling the plug on its House of Fraser concessions as it concentrates on opening large standalone stores in the UK.
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AnalysisSelfridges: The making of a British icon
Selfridges is celebrating its centenary this year. Charlotte Hardie explains what has made it one of the world’s most iconic stores and why Gordon Selfridge’s legacy will endure
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NewsDebenhams first-half profits rise and second half starts well
Debenhams has revealed a strong start to its second half after notching up a 10.7 per cent rise in first-half pre-tax profits.
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NewsDwell seeks foothold in concessions arena
Mid-market furniture chain Dwell is opening department store concessions for the first time as it seeks to widen its appeal.The retailer opened its first concession in Selfridges on London’s Oxford Street this week, taking a 4,000 sq ft space, and is in talks to open in House of Fraser at ...
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Debenhams launches outlet site to tap into shift in shopper habits
Debenhams will launch an outlet store online on Monday, allowing customers all-year-round access to products at prices up to 70 per cent cheaper than in its stores.
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NewsJohn Lewis reports strongest week of year
Department store group John Lewis has reported its strongest week of the year to date, with sales down just 1.5 per cent.For the week ending April 11, John Lewis said it had been fortunate “to enjoy a more clement spring for the season as a whole” and trade has done ...
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NewsDebenhams woos Henry Holland for Designers at Debenhams
Debenhams is in talks to sign up fashion designer Henry Holland to its Designers at Debenhams offer.The department store, which is driving sales from its own-brand ranges, wants Holland to join the Designers range, which includes collections from designers including Julien Macdonald, Jaspar Conran and Betty Jackson.Holland, who is a ...
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NewsDebenhams and Asda suits a sign of the times
Debenhams has proclaimed that “any woman can wear rubbish and look good”, with the launch of a new suit made from recycled plastic bottles.Each suit is made from 50 bottles which are melted down and woven in to a “soft but hard-wearing” type of polyester, said the department store retailer.The ...
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NewsJohn Lewis weekly sales hit by Easter comparatives
Sales at John Lewis have suffered from the calendar effect of the fall of Easter this year, slumping 6.7 per cent in the week to April 4.
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Subhiksha seeks to avoid liquidation
Department store Subhiksha is poised to go to court to avoid liquidation.
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Macy’s credit rating reduced to junk status
Macy’s had its credit rating reduced to junk status by ratings agency Moody’s.
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AnalysisWhat are you doing on Twitter?
The micro-blogging website is this year’s internet phenomenon, so can Twitter form part of a serious marketing and customer insight strategy for retailers? Joanna Perry investigates
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NewsHarrods to open in Kuala Lumpur
Harrods is poised to open a store in the heart of the Malaysian capital’s shopping district in Kuala Lumpur.The iconic department store group will open the store on Saturday within the shopping complex Suria KLCC, which is situated next to the Petronas Towers in Kuala Lumpur.The store, which is called ...
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NewsHalf of Brits fear losing their jobs, according to Asda survey
Half the population fear losing their jobs during the next six months and two thirds would be prepared to take a pay cut or a reduction in hours to avoid being made redundant, according to an Asda survey.The survey of 1,000 people also found that half expect their pay to ...
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NewsJohn Lewis department stores report ‘strongest week’
John Lewis department stores delivered their strongest performance of the first half so far in the week to March 28, when sales fell 2 per cent.