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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Jan- 2020 -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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18 November
John Lewis and Waitrose to launch first ever concept store
John Lewis and Waitrose have announced the launch of a new ‘concept’ store, set to open in Southampton later this…
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Oct- 2019 -10 October
Debenhams secures £50m cash injection from creditors
Debenhams has revealed it has secured a £50m loan facility with some of its existing lenders to help it through…
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4 October
John Lewis plans to cut service charge payments to landlords
John Lewis is seeking service charge discounts from some of its landlords to help reduce costs during the upcoming golden…
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