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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Jun- 2022 -8 June
Hotter Shoes announces new digital hub openings with Notcutts
Hotter Shoes has announced the opening of two digital hubs this month with Notcutts Garden Centres.ย This announcement comes after…
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8 June
M&S boss to depart with ยฃ2.6m pay packet
Marks and Spencerโs outgoing boss Steve Rowe more than doubled his pay last year from ยฃ1.07m to ยฃ2.63m after receiving…
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6 June
M&S to trial refillable cleaning and laundry products
M&S has launched its own-brand refillable cleaning and laundry products as part of its pledge to reduce single use plastics…
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May- 2022 -25 May
Marks and Spencer warns of profit squeeze as it exits Russia
Marks and Spencer (M&S) has revealed it expects its profits to flatline in the upcoming financial year as the rising…
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Apr- 2022 -4 April
Demolition plans for M&S flagship site to be reconsidered
Sadiq Khan is reportedly reconsidering previous plans to demolish Marks and Spencerโs flagship store on Oxford Street following ongoing backlash…
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Mar- 2022 -18 March
M&S expands workplace benefits with Cushon partnership
Marks and Spencer has announced a partnership with Cushon as its workplace savings provider to expand upon its existing financial…
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10 March
John Lewis reinstates ยฃ46m staff bonus amid record sales
The John Lewis Partnership has said its staff will be able to share from a ยฃ46m bonus pot after reporting…
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7 March
John Lewis halts sales of Russian products
John Lewis has become the latest retailer to make steps towards cutting ties with Russia, having removed Russian-made products from…
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Feb- 2022 -14 February
John Lewis profits surge could see return of staff bonus
The John Lewis Partnership could possibly see the return of its fabled staff bonus this year after it was revealed…
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Jan- 2022 -17 January
Matalan revenues reach ยฃ777.9m
Matalan has reported its total revenues increased 19% to ยฃ291.4m for the 13 weeks ending 27 November 2021 (Q3), compared…
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