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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Nov- 2020 -9 November
Harrods forced to reorganise £200m credit
Harrods has been forced to reorganise its £200m credit line due to the second national lockdown causing the closure of…
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8 November
John Lewis calls for clarity on store reopenings
John Lewis has issued a plea to the government to provide clarity on whether its stores will be able to…
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6 November
Dominic Chappell jailed for six years for tax evasion
The former owner of BHS, Dominic Chappell, has been jailed for six years for evading paying tax from the deal…
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5 November
M&S confirms it will stay open during lockdown
Marks and Spencer has confirmed that its clothing and home division will remain open despite the lockdown restrictions. According to…
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4 November
John Lewis to cut 1,500 jobs
John Lewis is set to cut around 1,500 staff roles at its head office operations between now and April 2021,…
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4 November
M&S swings to first loss in 94 years
Marks and Spencer has swung to a pre-tax loss of £87.6m in the half-year ended 26 September, down from the…
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2 November
John Lewis Partnership launches charity Christmas campaign
John Lewis and Waitrose have announced the launch of a “major campaign” next month which will provide a “lifeline” for…
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Oct- 2020 -26 October
Debenhams bidders given midweek deadline for £300m rescue deal
Potential suitors for the embattled department store chain Debenhams have been given a midweek deadline to make a £300m rescue…
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20 October
Hamleys to axe a quarter of staff
Iconic toy retailer Hamleys is reportedly set to cut more than a quarter of its London workforce. According to The…
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15 October
Dunelm reports ‘very strong’ first quarter trading
Dunelm has reported “very strong’’ first quarter trading for the 13-week period ended 26 September with results coming in ahead…
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