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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Mar- 2019 -25 March
Sports Direct slams Debenhams for rejecting £100m offer
Sports Direct has criticised Debenhams for rejecting its offer to acquire its Danish company Magasin Du Nord for £100m. On…
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22 March
Debenhams secures £200m lifeline
Embattled department store Debenhams has confirmed it has secured a £200m refinancing lifeline. The funding is expected to “provide liquidity…
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18 March
M&S to add full range of food products to more standard stores
Marks and Spencer has announced it is planning to add its full range of food products to its standard stores…
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14 March
Mamas & Papas signs wholesale deal with John Lewis
Mamas and Papas, the leading nursery brand, is partnering with John Lewis and Partners to supply a curated range of…
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11 March
Debenhams in talks to secure £150m lifeline
Embattled department store Debenhams has confirmed it is in “advanced negotiations” to secure £150m funding from its lenders just a…
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8 March
Mike Ashley moves to take control of Debenhams
Mike Ashley has announced plans to remove all the directors at Debenhams, except Rachel Osborne who was appointed in September,…
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7 March
John Lewis profits fall to £160m
John Lewis has slashed its employees’ annual bonus to 3% as the department store recorded a 45.4% drop in underlying…
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5 March
Debenhams issues fresh profit warning
The statement Debenhams made in January to say it was on track to deliver profits in line with last year’s…
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4 March
Former Debenhams and John Lewis director to launch own brand
Jo Hooper, a former womenswear director at John Lewis and Debenhams is set to launch her own clothing brand. Named…
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Feb- 2019 -19 February
John Lewis shortlists six start-ups for its innovation programme
The John Lewis Partnership has shortlisted six retail start-ups to its innovation programme JLAB, who could “transform how we shop…
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