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- 2023 -20 March
John Lewis mulls end to 100% staff ownership structure
John Lewis is considering diluting its 100% staff ownership structure in a bid to raise investment after the business faced…
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16 March
John Lewis Partnership appoints new CEO
The John Lewis Partnership has announced the appointment of Nish Kankiwala as its new CEO. Kankiwala has been a non-executive…
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16 March
John Lewis axes bonus as losses surge to £234m
John Lewis has seen losses plummet to £234m in its full-year results, down from a loss of £27m the prior…
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6 March
WHSmith to target stationary market with new Curi.o.city stores
WH Smith has reportedly revealed plans to open a souvenir and stationery store called Curi.o.city as it looks to fill…
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1 March
M&S set to increase salaries by 7% from April
British retailer M&S will raise the salary of more than 40,000 customer assistants by 7%, in a bid to help…
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Feb- 2023 -28 February
Pippa Wicks steps down as John Lewis director
Pippa Wicks, the executive director of John Lewis, has announced she is standing down from the group with immediate effect. …
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15 February
Dunelm profits fall 17% despite sales increase
Home retailer Dunelm has announced a 17% fall in its pre tax profits to £117m, down from £141m, for the…
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Jan- 2023 -20 January
Eve & Renshaw to cease trading after 240 years
Eve and Renshaw, one of the UK”s oldest department stores, has announced it will cease trading after 240 years of…
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16 January
M&S announces £480m store investment plan
Marks and Spencer has announced a £480m plan to invest in 20 “bigger and better” stores over the next two…
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6 January
Independent department store Sandersons reports record festive sales
Independent department store Sandersons Boutique has hailed a record-breaking festive sales period, despite facing a cost-of-living crisis, freezing weather conditions…
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