All Department stores articles – Page 56
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NewsHouse of Fraser slammed by property body over CVA plan
The British Property Federation has hit out at House of Fraser after the beleaguered business revealed it plans to launch a CVA next month.
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OpinionOpinion: House of Fraser needs more than a CVA
Today, House of Fraser revealed that it would be joining a legion of other retailers and launching a company voluntary arrangement (CVA).
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NewsHouse of Fraser launches CVA to secure fresh investment
House of Fraser is the latest retailer to launch a CVA as it bids to strip costs out of the business and secure a new shareholder.
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AnalysisAnalysis: Is retail in danger of being monopolised?
With Sainsbury’s and Asda in advanced talks to form a £10bn grocery supergroup, Retail Week asks is retail in danger of being monopolised?
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NewsDebenhams jobs at risk as it restructures central teams
Debenhams is poised to restructure a raft of central teams and will place a “significant” number of roles into consultation, Retail Week can reveal.
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NewsFenwick launches consultation amid business restructure
Fenwick has launched a consultation with “a significant number” of its staff as new boss Robbie Feather restructures the business, Retail Week can reveal.
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NewsJohn Lewis Partnership runs year-long JLab programme
John Lewis Partnership has extended its tech innovation programme JLab to run all year long with the first initiative focused on health and wellbeing.
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VideoThe Retail Week: Debenhams results – the verdict
This week, the team discuss Debenhams’ half-year profit collapse – and assess whether the department store chain’s strategy will transform its fortunes.
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AnalysisAnalysis: Will Bucher's blueprint revive Debenhams?
Debenhams today reported that first-half profits had gone into tailspin – in fact, every significant number in its update was down rather than up.
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NewsHouse of Fraser drafts in advisers as it mulls CVA
House of Fraser has drafted in advisers as the embattled department store business ramps up its turnaround plans.
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NewsDebenhams speeds up revival strategy as profits plunge
Debenhams is to accelerate its turnaround programme and has reported a steep fall in first-half profits.
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NewsM&S exec Bousquet-Chavanne exits in marketing reshuffle
Marks & Spencer executive Patrick Bousquet-Chavanne is leaving the business amid a restructure of its marketing division.
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NewsAgenda: Primark, JD Sports, Debenhams and Bonmarché
Retail Week looks ahead to the next seven days, with updates from Primark, JD Sports, Debenhams and Bonmarché on the agenda.
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NewsHouse of Fraser set to sell Chinese brands in UK
House of Fraser will sell Chinese brands to British consumers as part of a Beijing initiative to boost trade in the region.
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News2,000 jobs at risk as Shop Direct overhauls fulfilment
Shop Direct is set to close three fulfilment centres, putting nearly 2,000 jobs at risk, as it unveils plans for a new purpose-built facility.
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NewsWaitrose reports muted trading in six-day week
Despite strong home tech sales, JLP last week could not make up for a sharp drop in grocery due to Easter falling earlier.
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AnalysisAnalysis: Five things retailers can learn from JetBlue
US airline JetBlue was founded in 2000 with the mission to “bring humanity back to air travel”. This aim – and how the firm fulfilled it – carries relevant lessons for retail.
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NewsFortnum & Mason moves into Royal Exchange
Fortnum & Mason has taken retail and dining space at the Royal Exchange in a bid to extend the reach of its flagship Piccadilly store.
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NewsJohn Lewis celebrates strong Easter trading
John Lewis sales jumped last week due to the cold weather and the earlier fall of Easter this year.
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NewsHouse of Fraser investor to provide £30m cash injection
House of Fraser’s Chinese investor has pledged to provide about £30m to the embattled department store group.