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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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…
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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,…
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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…
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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…
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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…
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9 August
John Lewis agrees £100m Google Cloud partnership
The John Lewis Partnership has announced that it has entered into an agreement with Google Cloud worth £100m across the…
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3 August
Next ups guidance by £10m following strong Q2
Next has raised its full-year outlook following a strong second quarter of trading, with profit before tax now expected to…
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Jul- 2023 -31 July
Frasers Group to axe 100 roles in Manchester
Frasers Group is reportedly set to axe more than 100 roles in its head office in Manchester in a bid…
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28 July
Large House of Fraser stores to be kept ‘under review’
Frasers could reportedly close larger House of Fraser stores in the future as the group continues to reassess its department…
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24 July
UK retail M&A deals increase to a five-year high
The number of M&A deals targeting UK retailers has increased 23% over the last year, from 31 deals in the…
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