All Department stores articles – Page 215
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News
Most retailers report like-for-like Christmas sales growth
More than half (52 per cent) of retailers reported positive like-for-like sales over the Christmas period.
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News
John Lewis reports weekly sales dip of 0.8 per cent
John Lewis has reported a slight drop in weekly sales, but remains confident new stock and promotions will stand it in good stead.
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News
Concern grows as Karstadt loses Premium Group head
The head of Karstadt’s Premium Group, the business created by the German department store chain to help turn around its fortunes, has quit less than two years after taking up the role.
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News
Falling confidence hits younger customers
Consumer confidence dropped again this month and is also beginning to hit younger consumers.
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News
Beales reveals robust Christmas
Department store chain Beales has recorded a full-year pre-tax loss of 1.52m and revealed resilient trading over Christmas.
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News
John Lewis beta tests Cisco green networking system
John Lewis has participated in a beta testing phase for Cisco networking technology that can help cut power consumption of IT.
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News
Retail Trust raises over £1m
Retailers came out in force last night to lend their support to retail charity The Retail Trust and raise nearly 1.1m at its glitzy London ball.
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News
Retail sales plummet in early January, CBI figures show
Nearly two thirds of retailers experienced a fall in sales volumes in the first half of January, and February is expected to be just as tough.
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News
Redundancy fears at Fortnum & Mason as it consults staff
Iconic Piccadilly department store Fortnum & Mason is to enter in to a consultation period with its 530 staff as it anticipates a “particularly tough” 2009.
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News
UK in recession as ONS reports December retail sales value fall
The UK plunged into recession for the first time since the early 1990s, official figures confirmed this morning.
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News
John Lewis weekly sales up 4 per cent
Department store group John Lewis has continued its strong start to the year with weekly sales up 4 per cent.
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News
Debenhams appoints refinancing adviser
Debenhams has appointed financial adviser Lazard to look at options to revise the department store’s capital structure.
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News
Troubled retailers close more than two in five shops
Financially troubled retailers have been closing more than two in five stores as the economic gloom on the high street deepens.
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News
Fortnum & Mason eyes shop-in-shop empire in Japan
Iconic department store Fortnum & Mason is to expand its operations in Japan in a tie-up with local department store group Isetan.
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News
Uniqlo readies for concession debut in Selfridges
Uniqlo is poised to open its first concession at Selfridges on London’s Oxford Street next month.
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News
Fund set up to back retailers of the future
A consortium of retail entrepreneurs has united to create an investment fund to support fledgling UK retail businesses.
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Opinion
John Richards: Think it's bad? You've seen nothing yet
Plan for lower sales in 2009 and 2010 and you won’t suffer too many unpleasant shocks. The severity of the financial crunch and the excesses that led to it mean that the adjustment process must not only be painful but protracted.
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News
Harrods chief executive makes surprise exit
Harrods chief executive James McArthur has left the business after less than a year in the role.
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Analysis
NRF: Brave New World
After a year of financial turmoil a more humble and socially aware retail industry was on show at this year’s National Retail Federation convention last week. Joanna Perry reports from New York
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News
Short selling on retail stock doubles
Short selling positions on retail shares have almost doubled between November and January, as investors bet on further misery for the sector.