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.
-
Mar- 2019 -8 March
Mike Ashley moves to take control of Debenhams
Mike Ashley has announced plans to remove all the directors at Debenhams, except Rachel Osborne who was appointed in September,…
Read More » -
7 March
John Lewis profits fall to £160m
John Lewis has slashed its employees’ annual bonus to 3% as the department store recorded a 45.4% drop in underlying…
Read More » -
5 March
Debenhams issues fresh profit warning
The statement Debenhams made in January to say it was on track to deliver profits in line with last year’s…
Read More » -
4 March
Former Debenhams and John Lewis director to launch own brand
Jo Hooper, a former womenswear director at John Lewis and Debenhams is set to launch her own clothing brand. Named…
Read More » -
Feb- 2019 -19 February
John Lewis shortlists six start-ups for its innovation programme
The John Lewis Partnership has shortlisted six retail start-ups to its innovation programme JLAB, who could “transform how we shop…
Read More » -
18 February
Philip Day eyes M&S and House of Fraser stores
Retail entrepreneur and Edinburgh Wooden Mill boss Philip Day is reportedly in talks to acquire a small number of Marks…
Read More » -
13 February
Liberty London ‘could be sold for £300m’
The owner of Liberty London has reportedly brought the luxury department store to market for a potential £300m price tag.…
Read More » -
12 February
Debenhams secures £40m cash injection
Debenhams has received a £40m cash injection from lenders in order to buy it more time as it looks to…
Read More » -
6 February
Warehouse supplying HoF to shut affecting 280 jobs
A warehouse which supplies deliveries to House of Fraser is set to close later this year, affecting some 280 job…
Read More » -
4 February
Debenhams to ‘close 20 stores’ in CVA plan
Debenhams could reveal plans to close 20 stores as this week, the embattled department store chain will announce it has…
Read More »
