All Department stores articles – Page 24
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NewsDepartment store numbers plunge 83% since collapse of BHS
More than 80% of the UK’s department stores have been lost since the demise of BHS and many former branches still lie empty.
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NewsIncoming Frasers boss Murray in line for potential £100m bonus
Incoming Frasers chief executive Michael Murray could pocket up to £100m in bonuses if he more than doubles the group’s share price.
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AnalysisTourism to localism – how retailers in prime cities are shifting strategies
Following the lifting of Covid-19 restrictions, “freedom” may have arrived in the UK – but tourists have not. Indeed, it could take years for the volume of visitors, particularly those from Asia, to return to pre-pandemic levels. So how can prime cities like London adapt and innovate to win more spend from domestic consumers?
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DataData: Retail sales fall in July due to poor weather and transport delays
Retail sales fell in July compared with June as poor weather, supply chain challenges and the end of Euro 2020 led to a reduction in spending.
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NewsMarks & Spencer profits to beat expectations following strong trading
Marks & Spencer expects full-year earnings to be better than anticipated after strong trading as its transformation plan bore fruit.
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NewsAmazon plans to open department stores in US
Amazon plans to open several department stores in the US, as the tech titan’s pivot to bricks-and-mortar retailing gathers pace.
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NewsJohn Lewis builds offer beyond retail with ethical financial products
John Lewis Partnership has entered the retail investment market for the first time as it seeks to generate more profits from outside traditional retail.
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AnalysisMichael Murray: The man Mike Ashley is entrusting with the future of Frasers
Who is the man Sports Direct founder Mike Ashley has appointed as his successor and can he turn around the retailer’s fortunes?
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NewsHarvey Nichols launches online luxury resale service
Harvey Nichols has partnered with resale technology specialist Reflaunt to launch a second-hand fashion and accessories proposition online.
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NewsJohn Lewis and Waitrose raise drivers’ pay to combat shortage
John Lewis Partnership, owner of the eponymous department store business and grocer Waitrose, has become the latest retailer to increase drivers’ pay as the industry faces a shortage.
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GalleryStore gallery: Selfridges Corner Shop launches wedding resale pop-up
Selfridges has opened a wedding shop for second-hand garments as part of its sustainability push.
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OpinionMove of the Week: Mitchell the latest savvy appointment for John Lewis
John Lewis has been among the most active recruiters since the turn of the year and this week it revealed another significant senior hire with Kathleen Mitchell joining as trading director.
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NewsExclusive: John Lewis bolsters top team with appointment of trading director
John Lewis has raided Accessorize to recruit a new trading director, strengthening the leadership team as the department store group pursues a turnaround.
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NewsSelfridges starts formal auction as suitors circle
Selfridges’ owner the Weston family has begun a formal auction of the famous department store business.
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OpinionArchie Norman: ‘Pointless enforcement of Customs Union is destructive to businesses’
About 40,000 pages of forms to fill in per week, trucks turned back because they are sometimes filled in with the ‘wrong coloured’ ink, and debates over the dairy content of chocolate chip cookies. M&S’s chair starkly sets out his concerns about EU trade rules enforcement in the island of Ireland in a letter to Brexit minister Lord Frost
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GalleryFirst look: Flannels Beauty flagship brings ‘world-first beauty experiences’ to Sheffield
The opening of the flagship Flannels Beauty store marks the beginning of a major long-term investment in the category as the retailer aims to transform the way consumers shop for beauty.
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NewsExclusive: John Lewis and Waitrose poised to make 1,000 roles redundant
Department store group John Lewis and sister business Waitrose have proposed 1,000 redundancies in stores, Retail Week can reveal.
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NewsExclusive: House of Fraser staff faced with zero-hours contracts ultimatum
Department store chain House of Fraser is understood to have put staff into consultation over a switch to zero-hours contracts in a decision that could potentially affect thousands of roles.
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NewsDebenhams launches first brand campaign since Boohoo takeover
Debenhams is launching its first new campaign since being acquired by Boohoo, adding .com to its name to reintroduce itself to customers as a pureplay department store.
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Opinion‘For the retail jobs market, this is the calm before the storm’
Monday was meant to herald England’s so-called ‘Freedom Day’. Initially planned for June 21, it has now been delayed until July 19 at the earliest.