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.
-
Sep- 2020 -24 September
Richest man in India interested in Debenhams acquisition
India’s richest man is reportedly one of the parties interested in making a bid to acquire Debenhams, according to Sky…
Read More » -
17 September
Next raises forecast amid ‘resilient’ performance
Next has announced that full price sales were down by 33% in the first half of the year, following the…
Read More » -
16 September
Nectar points given with Argos purchases for first time
Sainsbury’s has revealed that Nectar points will now be offered with Argos purchases for the first time ever. The supermarket…
Read More » -
14 September
Matalan CEO steps down
Matalan CEO Jason Hargreaves has stepped down from leading his family’s company after seven years at the helm. Hargreaves is…
Read More » -
Aug- 2020 -25 August
DFS trading remains ‘strong’ despite lockdown
DFS announced today it is continuing to trade “strongly” both online and in showrooms despite the economic downturn, with year-on-year…
Read More » -
24 August
Debenhams owner calls in advisers for its own administration
The holding company of Debenhams, Celine Group Holdings, has appointed advisers to help prepare for its own administration. Celine confirmed…
Read More » -
17 August
Selfridges launches sustainability initiative
Selfridges has announced the launch of a “transformational” sustainability initiative entitled Project Earth. The initiative builds upon previous steps the…
Read More » -
11 August
Debenhams cuts 2,500 jobs
Embattled department store chain Debenhams has cut 2,500 staff roles. The retailer said that the job cuts, believed to be…
Read More » -
4 August
John Lewis launches supplier framework
John Lewis and Partners has announced the launch of a supplier engagement programme entitled ‘Better Jobs’ to all of its…
Read More » -
Jul- 2020 -29 July
Next performance ‘better than expected’ in Q2
Next has announced that full-price sales in its second quarter fell by only 28%, welcoming the “better than expected” results…
Read More »
