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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.

M&S sees PBT soar to £672.5m

M&S has revealed that its profit-before-tax rose to £672.5m, up from £475.7m, for the…

Angling Direct reports pre-tax profit of £1.5m as sales surge

British fishing equipment retailer Angling Direct has reported pre-tax profits of £1.5m in…

John Lewis appoints new fashion director

John Lewis has announced the appointment of Rachel Morgans as its new director of finance.

John Lewis cut 3,800 jobs in past year to reduce costs

The John Lewis Partnership has revealed that it cut 3,800 roles across the company in an…

Mike Ashley settles lawsuit against Morgan Stanley

Mike Ashley’s Fraser’s Group has dropped a $50bn (£40bn) lawsuit against Morgan Stanley,…

Tala to debut first physical partnership with Selfridges

Athleisure brand Tala will be debuting its physical all-store partnership with Selfridges…

Next maintains FY guidance amid strong Q1 sales

Next has maintained its full-year guidance after the group welcomed strong trading in the…

Sir Dickson Poon invests a further £25m in Harvey Nichols

Sir Dickson Poon, the owner of Harvey Nichols, will be investing a total of £32.5m in the…

Middle East and Chinese investors eye up Selfridges

Investors from the Middle East and China are reportedly eyeing up Selfridges amid the…

Dunelm Q3 sales jump 3% despite ‘difficult trading conditions’

Dunelm has revealed that its sales for the 13 weeks ended 30 March 2024 rose 3% to £435m…