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Marks Electrical FY revenues drop 7.5%

Marks Electrical FY revenues drop 7.5%

Retail employment falls to its lowest level on record

Retail employment falls to its lowest level on record

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Department Stores

Department Stores focuses on the strategies, performance, and transformation of leading UK department store groups. This section examines trading updates, leadership changes, store formats, and digital innovation among major retail players. Retail Sector’s Department Stores coverage provides insight into how these multi-category retailers are adapting to evolving consumer expectations, online competition, and market pressures — offering retail professionals valuable intelligence on business models, partnerships, and growth strategies shaping the sector’s future.

Department Stores

Department Stores focuses on the strategies, performance, and transformation of leading UK department store groups. This section examines trading updates, leadership changes, store formats, and digital innovation among major retail players. Retail Sector’s Department Stores coverage provides insight into how these multi-category retailers are adapting to evolving consumer expectations, online competition, and market pressures — offering retail professionals valuable intelligence on business models, partnerships, and growth strategies shaping the sector’s future.

Ikea sales dip 5.3% in FY24 after cutting prices

Ikea has seen a 5.3% decrease in retail sales to €45.1bn (£37.7bn) for its 2024 financial…

Saudi Arabia acquires 40% stake in Selfridges

Saudi Arabia’s Public Investment Fund has acquired a 40% stake in Selfridges after…

M&S launches recruitment drive to fill 11,000 Christmas roles

Marks and Spencer has announced it will be recruiting over 11,000 new customer assistants to…

Harrods investigating if current staff involved in Al Fayed allegations

Harrods has revealed that it is investigating if any of its current staff were involved in…

Two Frasers Group brands face audit issues amid missing payroll data

Frasers Group has encountered issues with the audits of two of its brands, I Saw It First…

Next warns of store closures if equal pay appeal fails

Next has warned that store closures may be necessary if its appeal against a recent equal…

John Lewis narrows pre-tax losses to £30m

The John Lewis Partnership has revealed that its losses-before-tax closed to £30m, down from…

Dunelm PBT rises 6.6%

Dunelm has revealed that its profit-before-tax rose 6.6% to £205m, up from £193m, for the…

John Lewis brings back ‘never knowingly undersold’ promise

John Lewis has announced it is to bring back its ‘never knowingly undersold’ price match…

John Lewis submits £80m plan to turn Reading depot into housing

The John Lewis Partnership has submitted plans for an £80m development that would see a…