All Department stores articles – Page 216
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News
El Corte Ingles optimises its merchandising
Spain’s largest retailer El Corte Ingl s is in the process of implementing Oracle Retail’s assortment execution system, after going live with merchandise financial planning and price optimisation systems.
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News
Inflation falls to 3.1 per cent
Inflation fell to 3.1 per cent in December, down from 4.1 per cent in November, the Consumer Prices Index showed.
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News
Retailer critical list grows
Retailers are set to face further distress in 2009 after the number of companies facing bankruptcy soared 81 per cent in the final quarter of 2008, according to a survey.
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News
Worst Christmas sales growth in London since 2004
London retailers experienced their worst like-for-like growth this Christmas since 2004. December sales in the capital were 0.7 per cent lower than a year ago on a like-for-like basis.
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News
Selfridges' profits to climb after Christmas sales rise
Department store business Selfridges notched up like-for-like growth of 5 per cent in December.
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Analysis
Supply Chain: Reverse psychology
Returns can be a costly burden, yet retailers’ supply chains are often ill-equipped to deal with them. Charlotte Hardie asks where savings can be made as unwanted gifts fly back to stores.
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News
Retail stocks languish as dismal Christmas fails to lift confidence
Hard-pressed retailers outperformed the All Share index as the first week of trading updates brought few nasty surprises.
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News
John Lewis weekly sales up 3.5 per cent
John Lewis has reported another week of solid trading, with sales up 3.5 per cent.
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Opinion
Pre-pack abuse needs to end
Retailers face many injustices, some real, others perceived. But they don’t come much bigger than this. One of your biggest rivals – which has been in administration and then bought out – has a store on a major high street. And you’re paying their rent.
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News
John Lewis sales rocket 27%
John Lewis has delivered a barnstorming start to its clearance with weekly sales soaring 27.4 per cent on the previous year.
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News
House of Fraser reports resilient Christmas
House of Fraser has reported that like-for-like sales fell 1.5 per cent over the Christmas period and has reassured on its financial position after paying back its bank loans ahead of schedule.
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News
Alexon profit forecasts ahead of management expectations
Fashion group Alexon has said that it expects full-year operating profit to exceed management expectations after a robust performance in December.
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News
Debenhams produces resilient Christmas showing
Debenhams has reported a solid Christmas performance, with like for likes down 3.3 per cent in the 12 weeks to 3 January. Total sales were up 1.1 per cent.
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News
Viyella in talks over future of business
The future of iconic womenswear retailer Viyella hung in the balance today amid speculation the company is facing financial difficulties.
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News
Negative trading statements soar in fourth quarter
Stores unveiled a record number of negative trading updates during the the fourth quarter of 2008 – a figure that has only ever been equalled in the first quarter of 2005.
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News
John Lewis Christmas like-for-likes flat
John Lewis has revealed that total sales rose 2.4 per cent excluding VAT and like-for-likes remained flat in the five weeks to January 3.
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News
Retail rents fall for first time in 15 years
Retail rents fell for the first time in 15 years in 2008 and are not expected to return to growth until 2013.
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News
Liberty reveals robust trading update for 2008
Iconic London department store Liberty has revealed that sales for the first 10 months of 2008 were ahead of comparative trading levels.
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News
Waitrose Christmas week sales up 40 per cent
Waitrose recorded a sales increase of over 40 per cent in the week to December 27, while sales fell at most of sister department store chain John Lewis's stores.
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News
Tesco to launch £100 million sale on Boxing Day
Tesco is the latest in a long line of retailers to announce its biggest ever sale.