All Department stores articles – Page 48
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NewsAshley prepares to close more House of Fraser stores
Sports Direct tycoon Mike Ashley is planning to shut more House of Fraser stores, it is understood.
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AnalysisMove of the Week: Mayfield leaves impressive legacy at JLP
Sir Charlie Mayfield will leave behind an impressive legacy when he steps down as chair of John Lewis Partnership in 2020.
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AnalysisAnalysis: How M&S is refashioning its clothing offer
Marks & Spencer’s clothing and home arm is a strong contender for being the most difficult business in UK retail to turn around.
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VideoWatch: Debenhams pushes premium gifts in festive ads
Debenhams is building on its ‘do a bit of Debenhams’ campaign during the festive season in a bid to push its premium gifting proposition.
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NewsMarks & Spencer boss Rowe pledges to churn store estate
Marks & Spencer chief executive Steve Rowe has signalled further changes to the retailer’s store estate as part of his turnaround programme.
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NewsJohn Lewis Partnership chairman Mayfield to step down
John Lewis Partnership chairman Sir Charlie Mayfield is to step down from the business in 2020.
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NewsMulberry hit by House of Fraser collapse as sales plunge
Mulberry UK retail sales plunged 11% in its first half as House of Fraser administration and “soft” retail conditions bite.
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NewsDebenhams retail and digital director exits
Debenhams managing director of retail, digital, food and events is leaving the business next year.
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AnalysisOpinion: M&S is hard at work – but don't expect change just yet
Marks & Spencer’s results are something of a (not very good) inside joke among the rest of the industry.
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AnalysisRetail Reimagined: Welcome to the beauty store 2.0
In the latest instalment of our Retail Reimagined series, Grace Bowden explores the beauty store 2.0.
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AnalysisAnalysis: Can battered Debenhams be turned around?
In last year’s annual report, Debenhams chief executive Sergio Bucher wrote: “We have built a plan that is good for our customers, good for our colleagues and, therefore, good for our shareholders.”
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OpinionOpinion: Debenhams needs more drastic changes – and fast
Debenhams today announced the worst annual results in its 240-year history, with a staggering £491.5m loss.
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NewsScS to pull out of House of Fraser concessions
ScS is pulling the plug on its House of Fraser concessions in the latest blow to the beleaguered department store chain.
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NewsDebenhams suffers biggest ever loss, plans 50 closures
Debenhams has slumped to its biggest ever statutory loss and revealed it is to accelerate store closures in a bid to transform its fortunes.
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NewsBrexit to hit UK retailers’ profitability, warns Moody’s
British retailers’ profitability is likely to be held back by Brexit, according to research by credit ratings agency Moody’s.
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NewsDebenhams could close one third of stores
Debenhams could close one third of its stores following a string of profit warnings and poor trading.
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GalleryStore gallery: Mike Ashley makes his mark on HoF
When Sports Direct acquired House of Fraser for £90m in August, boss Mike Ashley immediately vowed to save 80% of its store portfolio.
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NewsAgenda: Debenhams and Travis Perkins update the market
Retail Week looks ahead to the next seven days with updates from Debenhams and Travis Perkins on the agenda.
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AnalysisWhat can we learn from Sears’ demise?
Sears’ collapse into Chapter 11 bankruptcy protection may have been looming for a while, but it nevertheless led to sharp intakes of breath.
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NewsSears files for bankruptcy as debt pile mounts
Sears has filed for bankruptcy protection after buckling under the weight of falling sales and a $134m (£102.1m) debt payment.