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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Nov- 2023 -17 November
Frasers Group opens multi-fascia store at Gateshead Metrocentre
Frasers Group has opened the doors to Sports Direct’s brand new 50,000 sq.ft multi-fascia store in Metrocentre, Gateshead including USC,…
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15 November
Thai investor takes control of Selfridges
Central Group, the co-owner of Selfridges, has taken control of the department store after fellow key shareholder Signa Group was…
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14 November
Next defends chair following shareholder rebellion
Next has defended its chair, Michael Roney, after more than 20% of shareholders voted against his re-election at the company’s…
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13 November
Theft to cost retailers £7.9bn in 2023, study finds
It has been forecast that retail theft will cost UK retailers £7.9bn this year, according to new research by Thruvision…
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6 November
Selfridges ownership uncertain as co-owner faces cash crisis
The future ownership of Selfridges is said to be uncertain following reports that its co-owner Signa is facing a financial…
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Oct- 2023 -30 October
Frasers mulls rescue of Wiggle after collapse
Frasers is mulling over rescuing online bike retailer Wiggle after it collapsed into administration earlier last week, Sky News has…
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24 October
Poundland to recruit 1,200 colleagues this festive season
Poundland has confirmed its plans to recruit 1,200 colleagues to work in stores across the UK and Ireland this festive…
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23 October
London planners blast John Lewis over affordable housing plans
London planning officials have accused John Lewis of planning to build “executive housing” which will not help local families. In…
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20 October
John Lewis appoints new head of brand and store experience
The John Lewis Partnership has announced the appointment of Paul Jones as its new head of brand and store experience.…
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17 October
John Lewis Partnership unveils new lifestyle brand
The John Lewis Partnership has unveiled Made With Care, the first design for a new lifestyle brand that will be…
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