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 -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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10 January
John Lewis staff face missing out on bonus for first time since 1953
John Lewis staff could lose their share of the department store giant’s profit for the first time since 1953. Traditionally,…
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10 January
Debenhams suffers sales struggle over Christmas
Department store chain Debenhams has reported a 3.4% drop in group like-for-like (LFL) sales for the six weeks to 5…
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10 January
M&S sales drop amid ‘difficult’ market
Marks and Spencer has reported a 2.7% drop in its total sales for the 13 weeks to 29 December 2018.…
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