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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Sep- 2024 -5 September
John Lewis brings back ‘never knowingly undersold’ promise
John Lewis has announced it is to bring back its ‘never knowingly undersold’ price match promise just two years after…
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4 September
John Lewis submits £80m plan to turn Reading depot into housing
The John Lewis Partnership has submitted plans for an £80m development that would see a disused Reading warehouse turned into…
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3 September
Harrods sales hit £900m but profits slide £35m
Sales at Harrods have surged to almost £900m in its latest full-year results, as revenues rose by 8% to £898.4m…
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2 September
John Lewis denies reports of further job cuts
John Lewis has denied that it is considering more job cuts and restructuring its management team, following reports over the…
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2 September
M&S urges Angela Rayner to approve Marble Arch shop revamp plans
M&S has urged Deputy PM Angela Rayner to give the go ahead to controversial plans for the demolition of its…
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Aug- 2024 -27 August
Over 3,500 Next workers win equal pay claim
More than 3,500 current and former Next employees have won a six-year legal fight for equal pay, with the total…
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27 August
Frasers seeks £585m share buyback approval
Frasers Group is seeking approval for owner Mike Ashley to cash in on £585m of shares which could be bought…
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14 August
John Lewis to cut 150 roles as part of realignment plan
John Lewis is set to cut more than 150 jobs as part of a realignment plan that will see it…
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1 August
Next ups FY profit guidance amid strong summer sales
Next has raised its full-year profit guidance by £20m following a period of strong trading over the summer, as sales…
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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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