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 -6 October
Frasers Group submits plans for new Warwickshire HQ
Frasers Group has submitted a planning application for a new global HQ campus in Rugby, Warwickshire. If approved, the headquarters is projected to create 7,500 jobs and create £300m in GVA for the region. Architects firm Grimshaw, which designed the Eden Project, London’s Excel Phase II and the Lloyds Banking…
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4 October
Fenwick unveils £40m renovation plan for Newcastle flagship store
Fenwick has reportedly revealed plans for a £40m investment to renovate the facade of its Newcastle flagship store, according to ITV News. The group has submitted a planning application to Newcastle City Council, and includes opening up the ground floor windows, building a modern new canopy and welcoming shoppers through…
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Sep- 2023 -22 September
Frasers tries to pull Morgan Stanley boss into legal battle
Frasers has reportedly asked a New York court to order Morgan Stanley’s boss to hand over evidence for the group’s High Court lawsuit against the bank, the Financial Times has reported. The FT said the lawsuit in question concerns an almost $1bn (£815m) margin call covering trades in Hugo Boss. …
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18 September
Nordstrom adds three to executive leadership team
Nordstrom has announced three executive leadership appointments to the company’s merchandising and store organisations, effective immediately. Jamie Nordstrom has been appointed as its new chief merchandising officer and Fanya Chandler and Gemma Lionella as its president, Nordstrom stores and Nordstrom Rack respectively. Nordstrom previously served as the company’s chief stores…
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14 September
John Lewis losses narrow in H1
The John Lewis Partnership has revealed that its losses before tax fell 41% to £59m for the 26 weeks ended 29 July 2023. Alongside this the company’s losses before tax and exceptional items fell 14% to £57.3m down from £66.8m in the same period last year. Sales at the company…
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Aug- 2023 -31 August
M&S launches legal challenge against Marble Arch decision
M&S has launched a legal challenge to Michael Gove’s decision to block it from demolishing its flagship store in Marble Arch today (Thursday 31 August). The legal challenge from the high street chain comes after the Housing Secretary ruled last month that the retailer’s demolition plans of the unlisted 1929…
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25 August
John Lewis Partnership to recruit over 10,000 roles
The John Lewis Partnership has announced that it is recruiting for more than 10,000 new roles. Of the new roles, 8,400 of them will be seasonal Christmas roles and 1,700 roles will be non-seasonal roles across Waitrose and John Lewis. Waitrose will recruit more than 2,800 seasonal roles across its…
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23 August
House of Fraser to close two more stores
House of Fraser is set to close two more of its stores as parent company Frasers Group continues to prioritise Sports Direct and Flannels. The House of Fraser store in Solihull will close on 28 August and its store in Guildford will shut on 30 September. Frasers Group shut eight…
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21 August
M&S tech boss to leave despite recent promotion
M&S chief digital and technology officer Jeremy Pee is set to leave the company despite the fact his role was expanded in January this year. Pee was hired in 2018 from Loblaw, Canada’s largest supermarket chain to be a chief digital and data officer. He oversaw the expansion of the…
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17 August
Costco to open 14 new stores
Bargain retailer Costco is reportedly set to open 14 new stores across the UK, according to The Sun. The outlet revealed that the expansion plans are aiming to be completed in just two years but could take longer depending on how easily the company manages to acquire sites. The company…
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