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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Jun- 2018 -20 June
House of Fraser lenders agree to extend loans
House of Fraser has agreed an extension for its loans ahead of this Friday’s vote on a possible CVA that…
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19 June
Debenhams issues profit warning
Debenhams has issued a warning saying it now expects pre-profits to be “in the range of £35m-£40m” significantly lower than…
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18 June
John Lewis pilots buy-back service for unwanted clothing
John Lewis has announced it is to trial an industry-first scheme allowing customers to sell back unwanted clothing to help…
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13 June
M&S reprimanded by ASA over Christmas claim
M&S has been reprimanded by the Advertising Standards Authority (ASA) after they claimed that they were the only “supermarket where…
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12 June
Henri Lloyd to slash 128 jobs despite coming out of administration
Henri Lloyd is to be brought out of administration by a company called Aligro UK Limited, and it will continue…
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7 June
House of Fraser to shutter 31 stores
Embattled department store chain House of Fraser has announced it is to close 31 stores as part of its CVA…
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May- 2018 -31 May
TUC, Usdaw launch petition calling for Marks and Spencer transparency
Shopworkers’ trade union Usdaw has joined with the Trades Union Congress (TUC) to launch a petition calling on Marks and…
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29 May
Number of department stores ‘falls 25%’ in less than a decade
The number of large department stores in England has fallen by 25% in less than a decade according to new…
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23 May
Primark set to overtake Marks and Spencer market share
Primark is set to overtake M&S to become the UK’s largest clothing retailer by market share, according to new data.…
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23 May
M&S profits dive 62% for full year
Marks and Spencer has reported a 62.1% drop in pre-tax profit for the year ending March 2018, amid an ongoing…
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