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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Feb- 2020 -3 February
Beales slashes 32 head office roles following administration
Embattled department store chain Beales has announced 32 job cuts at its head office in Bournemouth, nearly two weeks after…
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Jan- 2020 -20 January
Beales to vote on administration
Embattled department store chain Beales is on the brink of administration, with reports suggesting it will hold a meeting on…
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13 January
Debenhams in talks to offload executive pension scheme
Embattled department store chain Debenhams is reportedly in talks over the buyout of its executive pension scheme, which holds over…
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13 January
Beales set to ‘collapse’, 1,000 jobs at risk
Department store Beales warns it is on the brink of collapse, which will result in over 1000 jobs at risk…
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9 January
M&S reports fall in festive sales revenues
Marks and Spencer has reported a 0.7% decline in revenues in its third quarter of the current financial year to…
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9 January
John Lewis boss steps down amid poor Christmas sales
John Lewis Partnership has announced its managing director, Paula Nickolds, will step down amid “weak” sales over the Christmas period.…
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6 January
Debenhams announces 19 store closures
Debenhams has announced the closure of 19 of its UK stores, resulting in 660 job losses. The department store, which…
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3 January
Next hikes profit forecast after Christmas sales boost
Next has announced a lift to its full-year profit guidance after strong trading over the festive period. Full price sales…
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Dec- 2019 -11 December
Debenhams appoints John Walden and Kevin Conroy as non-executive directors
Department store Debenhams has appointed John Walden and Kevin Conroy as non-executive directors of Celine Jersey Topco, the parent company…
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Nov- 2019 -29 November
Heal’s announces Chiswick Outlet store
Furniture retailer, Heal’s has announced the opening of its new outlet store, opening on Chiswick High Street next week. The…
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