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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.

John Lewis warns staff on profits amid missed sales targets

The John Lewis Partnership has fallen short of its profit targets in Q4 after both Waitrose…

Next CEO uses Lords status to lodge amendments to NI bill

The CEO of Next, Lord Wolfson, has reportedly used his position in the House of Lords to…

Dunelm revenues rise due to online sales

Dunelm has seen its revenues rise 1.6% to £490m for the 13 weeks ended 28 December, and 2.4%…

US retailer Macy’s to shutter 66 department stores

US department store group Macy’s has confirmed this week the closure of 66 of its…

M&S celebrates bumper Xmas as sales top £4bn

M&S has reported a successful Christmas trading update as its total group sales…

ProCook revenues surge amid successful Black Friday and Xmas

UK-based kitchenware brand ProCook has reported a 11.2% increase in revenues to £25.6m and…

Selfridges co-owner admits £4bn price was ‘too high’

Tos Chirathivat, the executive chair and CEO of Thai family conglomerate Central Group, said…

DFS secures SBTi approval for emissions reduction targets

Sofas retailer DFS Furniture has announced that its near-term science-based emissions…

Ikea profits rise despite sales falling 8.9% in FY24

Inter Ikea, owner of the Swedish furniture brand, has reported higher profits despite a…

M&S profits rise by 17% in half-year results

M&S has welcomed “further progress” in its half-year results as profit-before-tax rose…