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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Mar- 2024 -4 March
Frasers rescues Wiggle from administration
Frasers Group has acquired online bicycle retailer Wiggle out of administration, The Sunday Times has reported.ย Frasers reportedly agreed a…
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Feb- 2024 -29 February
Frasers Group CMO exits amid marketing team restructure
Frasers Group chief marketing officer Beckie Stanion has left her post amid a restructure of the companyโs marketing team, leaving…
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21 February
Strong Walmart sales boosted by omnichannel model in Q4
Walmart has reported strong fourth quarter results, as revenues grew by 5.7% to $173.4bn (ยฃ137bn) over the holiday quarter.ย Its…
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21 February
Angling Direct sees group revenues rise to ยฃ81.7m
Fishing tackle retailer Angling Direct has reported a 10.2% increase in revenue to ยฃ81.7m for the year ended 31 January…
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Jan- 2024 -31 January
John Lewis โwill return to profit this year’, White insists
John Lewis Partnership chair, Dame Sharon White, has said the business will return to profit this year, The Telegraph has…
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29 January
Frasers Group to open new locations in Queensgate
Frasers Group is set to open several dynamic stores in Queensgate, Invescoโs 835,000 sq ft shopping centre, located in the…
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29 January
John Lewis Partnership mulls 11,000 job cuts
John Lewis Partnership is reportedly considering cutting up to 11,000 roles over the next five years as part of a…
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26 January
John Lewis could cut jobs amid halved redundancy payouts
John Lewis Partnership has implied that it could make job cuts across the business after it slashed its redundancy payouts,…
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19 January
M&S to invest ยฃ30m in Scottish stores
M&S has unveiled plans to invest ยฃ30m in bricks and mortar stores across Scotland. The retailerโs investment will deliver more…
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2 January
Central Group eyes increased stake in Selfridges
Central Group is reportedly interested in increasing its control of luxury department store Selfridges as its co-owner Sigma faces financial…
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