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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May- 2020 -28 May
Mike Ashley fails to prompt financial investigation into Debenhams
Retail mogul Mike Ashley has failed to trigger an investigation into the financial affairs of embattled department store chain Debenhams,…
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7 May
Debenhams cuts over 1,000 jobs as five stores shutter permanently
Embattled department store chain Debenhams has revealed that five of its stores housed in Intu shopping centres will not reopen…
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Apr- 2020 -20 April
Debenhams closes seven stores amid further landlord talks
Debenhams has announced the permanent closure of seven of its stores resulting in the loss of 422 jobs and has…
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9 April
Debenhams enters administration
Embattled department store chain Debenhams has officially entered administration, and has appointed Geoff Rowley and Alastair Massey of FRP Advisory…
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8 April
M&S announces series of initiatives to support NHS staff amid Covid-19
Marks and Spencer has announced a series of initiatives to support NHS staff amid the coronavirus pandemic. M&S has announced…
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3 April
Debenhams readying to appoint administrators amid Covid-19
Department store chain Debenhams is reportedly set to enter administration for the second time in a year in order to…
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Mar- 2020 -25 March
Fenwick closes online operations amid Covid-19 virus outbreak
Department store Fenwick has announced the temporary closure of its online operations amid the ongoing coronavirus pandemic. Fenwick closed all…
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23 March
John Lewis stores to close for first time in 155 years
John Lewis Partnership has announced the temporary closure of all John Lewis stores in light of the coronavirus pandemic. All…
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20 March
Harrods to close amid coronavirus chaos
World-famous department store Harrods is to close its doors this evening (23 March) due to the coronavirus pandemic. It said…
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12 March
Debenhams seeking new CEO as Vansteenkiste prepares to step down
Debenhams is seeking a new CEO to help steer its restructuring as its current boss Stefaan Vansteenkiste prepares to step…
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