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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Jan- 2024 -31 January
John Lewis ‘will 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, Invesco’s 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 £30m in Scottish stores
M&S has unveiled plans to invest £30m in bricks and mortar stores across Scotland. The retailer’s 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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Dec- 2023 -12 December
Waitrose to expand exports amid 14% sales surge
Waitrose has announced that it is set to expand its exports business after it saw its export sales jump 14%…
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1 December
Frasers pulls out of SportScheck deal
Frasers has announced that it has pulled out of a deal to acquire SportScheck after the German sports retailer filed…
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Nov- 2023 -22 November
Victoria Plumbing sees revenues and profits rise in FY 2023
Victorian Plumbing Group has reported a 26% increase in operating profits to £15.3m and a 6% increase in revenues to…
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20 November
Fortnum and Mason boss urges gov to scrap tourist tax
Fortnum and Mason boss Tom Athron has urged the government to scrap the tourist tax or risk businesses losing sales…
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