Department Stores
The latest news, updates and analysis on the department stores segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Oct- 2023 -30 October
Frasers mulls rescue of Wiggle after collapse
Frasers is mulling over rescuing online bike retailer Wiggle after it collapsed into administration earlier last week, Sky News has reported. According to Sky, the retailer, best known for its Sports Direct chain, is one of a few other groups looking to rescue WiggleCRC. WiggleCRC, which includes Wiggle, Chain Reaction…
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24 October
Poundland to recruit 1,200 colleagues this festive season
Poundland has confirmed its plans to recruit 1,200 colleagues to work in stores across the UK and Ireland this festive season. The retailer will take on the workers in temporary roles in the run-up to Christmas. While the majority of these shop floor roles will end on Christmas Eve, some…
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23 October
London planners blast John Lewis over affordable housing plans
London planning officials have accused John Lewis of planning to build “executive housing” which will not help local families. In planning documents, the company stated that it aimed to make 20% of the housing at its Bromley development affordable. However, John Lewis revealed that as little as 10% of the…
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20 October
John Lewis appoints new head of brand and store experience
The John Lewis Partnership has announced the appointment of Paul Jones as its new head of brand and store experience. Jones joins the Partnership after 12 years with Tesco where most recently he was head of brand, store design. Starting on 8 January 2024, his role will be “integral” to…
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17 October
John Lewis Partnership unveils new lifestyle brand
The John Lewis Partnership has unveiled Made With Care, the first design for a new lifestyle brand that will be curated with designers and creators who have grown up in the care system. A year since the Partnership used its biggest platform – the annual Christmas advert – to help…
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13 October
John Lewis Partnership appoints new property director
The John Lewis Partnership has announced it has appointed Royal Mail’s interim corporate finance director, Martin Gafsen, as its new director of property. Gafsen, who will officially join on 13 November, was Property and Facilities director for the Royal Mail Group for 16 years, leading the strategy for its nationwide…
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13 October
Dunelm green targets approved by SBTi
Dunelm has announced that its greenhouse gas emissions targets have been approved by the Science Based Targets initiative (SBTi). Dunelm has become the first dedicated homewares specialist and one of the first companies globally to set short and long-term company-wide emission reduction targets in line with climate science, following a…
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12 October
Next nears £100m FatFace takeover deal
Next is reportedly nearing a deal to acquire FatFace as part of its latest takeover move, in a deal that is said to be worth more than £100m, according to Sky News. According to Sky, Next is now putting the “finishing touches” on a deal to acquire the clothing brand,…
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11 October
Selfridges losses narrow as consumers return to department stores
Selfridges has revealed that losses at the company have narrowed for the year ended 28 January 2023 to £38.3m, down from £83.9m the previous year, as consumers made more trips to the department stores. As a result, the company, which operates four stores in the UK and an online store,…
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9 October
House of Fraser could disappear from high street, CEO warns
House of Fraser stores could disappear from the high street altogether, as Frasers plans to pivot away from the traditional department store model, CEO Michael Murray has told the Telegraph. Murray said the House of Fraser brand could disappear altogether, adding that the “future vision is that House of Fraser…
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