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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Aug- 2024 -1 August
ASA bans Debenhams advert after ‘misleading’ 60% off claim
The Advertising Standards Authority (ASA) has banned a Debenhams advert for “misleading” customers about a “60% off” claim. On 9…
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Jul- 2024 -30 July
Selfridges CEO to step down after four years at company
Andrew Keith has announced he is stepping down from his role as CEO of Selfridges in the UK in order…
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23 July
Ikea partners with Tesco to open 100 more click-and-collect points
Ikea has announced that it is planning to open 100 more click-and-collect points at Tesco stores across the UK to…
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22 July
Saudi wealth fund looks to up Selfridges stake to 50%
Saudi Arabia’s Public Investment Fund has reportedly made an offer to raise its stake in Selfridges from 10% to 50%,…
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18 July
Frasers Group hits top end of FY24 guidance
Frasers Group has reported that its adjusted profits-before-tax rose 13.1% to £544.8m for the year ended 28 April, hitting the…
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18 July
Dunelm FY profits ahead of expectations amid strong Q4
Dunelm has revealed it expects profits for the full year to be ahead of expectations after it saw a strong…
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16 July
B&M revenues rise 2.4% in Q1 as new stores overperform
Value retailer B&M has reported that group revenues rose 2.4% during the first quarter to 29 June, due to its…
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8 July
John Lewis to hire more shop floor staff
John Lewis executive director, Peter Ruis, has reportedly made plans to increase the shop floor staff count across the retail…
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4 July
M&S appoints former Aldi MD and Morrisons director to food team
M&S has announced the appointments of Kara Greatorex as its new chief commercial officer and Jon Downes as supply chain…
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3 July
M&S to open flagship stores in Bath and Bristol
Marks and Spencer has revealed plans to open new flagship stores in Bath and Bristol as it looks to cement…
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