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.
-
Jul- 2023 -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…
Read More » -
5 July
Topps Tiles sees sales rise 4.4% in Q3 2023
Topps Tiles, the UK’s leading tile specialist, has revealed that its total sales increased 4.4% year-on-year in the third quarter,…
Read More » -
Jun- 2023 -21 June
Debenhams’ unsecured creditors to lose out on £1.3bn
Debenhams’ unsecured creditors, including clothing suppliers, landlords and lenders, are set to lose out on the £1.3bn they were owed…
Read More » -
20 June
Frasers acquires single-figure stakes in Boohoo and Currys
Mike Ashley’s Frasers Group has announced it has made a “strategic investment” in both Boohoo and Currys. In an announcement…
Read More » -
5 June
Debenhams partners with lifestyle brand Nautica
Debenhams has partnered with global lifestyle brand Nautica, making the brand now available to purchase through its online marketplace. The…
Read More » -
May- 2023 -25 May
Card Factory launches first click and collect service
Card Factory has launched its first UK-wide click and collect service, following the success of a trial period across 87…
Read More » -
24 May
M&S FY sales and profits jump as turnaround strategy bites
M&S has seen its full-year profits and sales increase despite the ongoing cost-of-living crisis and tough economic conditions over the…
Read More » -
23 May
Next staff secure ‘significant’ win in equal pay battle
More than 2,000 Next store staff who are taking legal action against the group for equal pay have won the…
Read More » -
19 May
Scottish shops report 10% decline in business rates
Scottish shops have seen a 10% drop in business rate bills, following a revaluation from the beginning of last month.…
Read More » -
17 May
Harrods boss calls for return of VAT-free shopping for overseas visitors
The managing director of Harrods, Michael Ward, has called on the government to rethink its removal of VAT-free shopping for…
Read More »
