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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Dec- 2024 -13 December
Harrods workers to strike over Christmas bonus dispute
Hundreds of retail, restaurant, kitchen and cleaning workers at Harrods are set to walk out of their jobs on the…
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12 December
Selfridges co-owner admits £4bn price was ‘too high’
Tos Chirathivat, the executive chair and CEO of Thai family conglomerate Central Group, said in a conversation with The Financial…
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Nov- 2024 -27 November
DFS secures SBTi approval for emissions reduction targets
Sofas retailer DFS Furniture has announced that its near-term science-based emissions reduction target has been approved by the Science Based…
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11 November
Ikea profits rise despite sales falling 8.9% in FY24
Inter Ikea, owner of the Swedish furniture brand, has reported higher profits despite a decline in revenues during the year…
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6 November
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 by 17.2% to £407.8m for the half-year ended…
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5 November
John Lewis partners with Klarna for BNPL offer
John Lewis has partnered with Klarna to offer online customers the choice to check out with its interest-free ‘Pay in…
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Oct- 2024 -30 October
Dreams opens new premium concept store in East Sheen
Dreams has announced the opening of its new premium concept store in East Sheen, which it said represents the “future…
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28 October
John Lewis Partnership to recruit ‘record’ 12,500 seasonal roles
The John Lewis Partnership (JLP) has revealed it is recruiting a record 12,500 temporary roles across the country – 4,100…
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25 October
Frasers Group opens 70,000 sq. ft Flannels Leeds flagship
Frasers has opened a new store in Leeds marking its sixth ‘flagship’ store with additional locations in London, Leicester, Liverpool,…
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25 October
John Lewis to invest £800m in store renovations over next four years
John Lewis has announced an £800m investment to enhance the group’s stores over the next four years, with the makeovers…
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