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- 2019 -18 February
Philip Day eyes M&S and House of Fraser stores
Retail entrepreneur and Edinburgh Wooden Mill boss Philip Day is reportedly in talks to acquire a small number of Marks…
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13 February
Liberty London ‘could be sold for £300m’
The owner of Liberty London has reportedly brought the luxury department store to market for a potential £300m price tag.…
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12 February
Debenhams secures £40m cash injection
Debenhams has received a £40m cash injection from lenders in order to buy it more time as it looks to…
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6 February
Warehouse supplying HoF to shut affecting 280 jobs
A warehouse which supplies deliveries to House of Fraser is set to close later this year, affecting some 280 job…
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4 February
Debenhams to ‘close 20 stores’ in CVA plan
Debenhams could reveal plans to close 20 stores as this week, the embattled department store chain will announce it has…
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Jan- 2019 -24 January
John Lewis to close Knight & Lee in Southsea; 127 jobs at risk
John Lewis & Partners has announced it will close its Knight & Lee store in Southsea in July 2019, putting…
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23 January
Sports Direct saves House of Fraser Intu stores
Four House of Fraser stores in Intu shopping centres have been saved from closure, avoiding the loss of more than…
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18 January
Moodys lowers Debenhams and New Look ratings
Financial services firm Moodys has changed the outlook for both New Look and Debenhams from stable to negative amid both…
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18 January
John Lewis & Partners announce management shake-up
John Lewis & Partners has announced that Dino Rocos, partner and operations director, will retire at the end of May…
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10 January
Debenhams chairman ousted by Mike Ashley
The chairman of Debenhams, Sir Ian Cheshire, has resigned with immediate effect after Mike Ashley and other shareholders voted him…
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