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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Jul- 2024 -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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Jun- 2024 -4 June
M&S boss sees pay packet rise 75% as profits surpass £700m
M&S CEO Stuart Machin has seen his pay rise 75% £4.73m following strong full-year results at the retailer. Machin received…
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3 June
‘We should have overtaken Waitrose already’, says M&S boss
M&S CEO Staurt Machin has argued that the company should have “already overtaken” Waitrose following its latest strong results. The…
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May- 2024 -23 May
Smart Toys and Games acquires Wow Toys
Belgian puzzles and games company Smart Toys and Games has announced the acquisition of Wow Toys company (NAD Developments Limited).…
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22 May
M&S sees PBT soar to £672.5m
M&S has revealed that its profit-before-tax rose to £672.5m, up from £475.7m, for the year ended 30 March 2024. Alongside…
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15 May
Angling Direct reports pre-tax profit of £1.5m as sales surge
British fishing equipment retailer Angling Direct has reported pre-tax profits of £1.5m in FY24, up from £700,000 the prior year. …
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