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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Mar- 2025 -27 March
Next raises outlook as FY profits top record £1bn
Next has reported that pre-tax profits have risen by 10.1% to £1bn for the first time in its history, with…
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24 March
Harrods close to finalising compensation for al Fayed victims
Harrods’ lawyers at MPL Legal are reportedly close to finalising compensation payments, that are potentially worth more than £300k, to…
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19 March
Debenhams Group launches new credit payment option
Debenhams has unveiled DebenhamsPay+, a new credit payment option designed to give customers control over how they shop and pay.…
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17 March
Fenwick eyes restructuring as losses widen
Fenwick has reportedly called in restructuring professionals from AlixPartners as it looks to address its mounting losses and cost pressures,…
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10 March
John Lewis staff could miss out on bonus amid missed profit target
John Lewis employees could reportedly miss out on their staff bonus for the fourth time in the group’s history, amid…
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3 March
Go Outdoors to trial bodycams to protect store staff
Go Outdoors has begun trialling bodycams at its Stoke store in a bid to keep its colleagues safe at work…
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Feb- 2025 -26 February
Angling Direct revenues surge 11.9% to £91.3m in FY 2025
Angling Direct, the omni-channel specialist fishing tackle retailer, has reported a 11.9% surge in £91.3m in FY 2025, driven by…
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17 February
John Lewis partners with Rough Trade to introduce vinyl records
John Lewis has partnered with music retailer Rough Trade to introduce a selection of vinyl records in stores and online.…
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11 February
Dunelm CEO to retire amid strong H1 trading
Dunelm CEO Nick Wilkinson is set to retire from his position following seven years in the role as Dunelm announced…
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Jan- 2025 -31 January
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 and John Lewis “missed…
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