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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May- 2018 -9 May
The Rolling Stones to launch Selfridges pop-up
Iconic UK rock band The Rolling Stones have announced they will launch a pop-up shopping experience in Selfridges stores across…
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8 May
Sports Direct launches legal action against House of Fraser over CVA disclosures
Mike Ashley, owner of Sports Direct, filed a petition against House of Fraser on Friday (5 May) following the department…
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2 May
House of Fraser CVA prompts closures amid 51% sale
House of Fraser has confirmed the sale of a 51% stake in its group, which may lead to the closure…
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Apr- 2018 -24 April
Debenhams partners with Western Union to offer global money transfers
Debenhams has signed a partnership with Western Union to offer global money transfers through its existing travel money desks. Western…
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19 April
Store closure fears loom as House of Fraser appoints advisors
House of Fraser has appointed KPMG to advise the company on a restructuring plan, raising speculation that a number of…
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17 April
450 jobs at risk as Marks and Spencer close Hardwick facility
Marks and Spencer’s Hardwick distribution centre is set to close in September as part of a plan to transform the…
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13 April
Sanpower to introduce Chinese brands to Europe through House of Fraser
Sanpower Group has announced a new supply chain programme to introduce premium Chinese brands to the UK, Europe and rest…
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3 April
House of Fraser gets additional £15m cash injection
House of Fraser has received a further £15m investment from its Chinese owner Sanpower Group after it suffered a drop…
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Mar- 2018 -26 March
House of Fraser holds emergency refinancing talks
Department store group House of Fraser has held refinancing talks with Alteri Investors as fears grow over its financial condition.…
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8 March
Owner of John Lewis and Waitrose reports 77% drop in annual profits
The John Lewis Partnership has announced a 77% drop in annual profits and has cut the annual bonus given to…
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