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- 2018 -9 August
House of Fraser sets new deadline to secure funds
House of Fraser has set itself a new deadline to secure funding to avoid collapse. In a statement to the…
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9 August
House of Fraser fate could be decided today
A decision could be made on the future of House of Fraser today as its creditors assess takeover bids made…
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6 August
House of Fraser able to proceed with store closures after legal row ends
House of Fraser has settled its legal row with landlords meaning it can proceed with plans to close 31 of…
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3 August
Selfridges open ‘Christmas Shop’ four months before the festive period
Selfridges has opened its ‘Christmas Shop’ four months before the festive period, with the department store claiming the decision was…
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1 August
C.banner pulls out of House of Fraser rescue
C.banner has pulled out its House of Fraser rescue deal worth £150m due to a dive in its share price.…
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Jul- 2018 -27 July
House of Fraser CVA delayed by landlords
House of Fraser’s planned company voluntary agreement (CVA) has been delayed by landlords who have launched legal action, with representatives…
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18 July
M&S partners with Octopus Energy to challenge ‘Big 6’ providers
Marks & Spencer and Octopus Energy have announced a new strategic partnership to supply energy and services under the M&S…
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17 July
Usdaw hits out at M&S for second time after 351 management roles cut
Trade union Usdaw has said that it will continue its campaign to be recognised as a representative for M&S workers…
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17 July
M&S announces 351 management roles to be slashed
M&S has announced it is to cut 351 management roles, but says they are unrelated to the programme to close…
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16 July
Debenhams denies cash problems as insurers withdraw cover
Debenhams has disputed claims that it is facing a cash problem amid reports that its credit insurers have reduced cover…
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