All Department stores articles – Page 10
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InterviewMeet Naomi Simcock and the team determined to revive John Lewis’ fortunes
While John Lewis Partnership has been dominating headlines for big strategic reasons – such as the possibility of bringing external financing, a full-year slump into the red and the loss of the legendary partners’ bonus – there is still a business to run.
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NewsWaitrose slashes prices on 200 products as part of £100m investment
Waitrose has unveiled price cuts on more than 200 products across its range as part of an investment to retain customers at a time of persistently high inflation.
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NewsFrasers Group snaps up £75m stake in AO World
Frasers Group has bought a 19% stake in online electricals retailer AO World.
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NewsFrasers Group announces joint venture to expand in Indonesia
Frasers Group Asia has announced a new joint venture agreement with PT Map Active Indonesia to launch Sports Direct in the country.
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NewsFrasers Group ups stake in Asos as takeover speculation swirls
Tycoon Mike Ashley’s Frasers Group has increased its stake in fashion pureplay Asos, which has been at the centre of takeover talk.
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AnalysisArtificial intelligence: Should you let ChatGPT redesign your store?
Retailers have been using AI behind the scenes to improve accuracy on technical issues such as forecasting, logistics and more, but should they be thinking about harnessing its creative power too?
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NewsJohn Lewis to source own-range sofa leather exclusively from Waitrose farms
Department store John Lewis is to exclusively use leather from farms that supply sister retailer Waitrose for its own-label sofas and chairs as the two retailers seek to better complement each other and operate sustainably.
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NewsMarks & Spencer adds more brands online in footwear push
Marks & Spencer has bolstered its online roster of third-party brands as it seeks to gain ground in the footwear category.
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AnalysisStrategy spotlight: Five ways Frasers Group aims to elevate its proposition
In 2021/22, Frasers Group’s total sales climbed 32.5% to £4.8bn for the 52 weeks to 24 April, 2022, and it recorded pre-tax profits of £335.6m.
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NewsM&S freezes school uniform prices for third year as cost-of-living crunch persists
Marks & Spencer has frozen the price of its school uniform as shoppers continue to struggle with the high cost of living.
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AnalysisMachin at M&S one year in: ‘We are always positively dissatisfied’
“All new leadership teams need to arrive like a thunderclap whether they’re coming from inside or outside the business to create that new sense of direction, electricity, appetite for change,” said Marks & Spencer chair Archie Norman as the retailer unveiled full year results.
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NewsFormer John Lewis MD says retailer does not sell ‘proper suits any more’
Former John Lewis managing director Andy Street has spoken out about the partnership’s menswear collection, claiming it does not sell “proper suits any more”.
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NewsM&S sales increase as growth strategy progresses
Marks & Spencer has recorded an increase in sales, which the group said was driven by its “strategy to reshape M&S for growth”.
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NewsBrompton Bikes makes John Lewis its first department store retail partner
Brompton Bikes will sell online with John Lewis as it targets expansion from being a direct-to-consumer business with its first partnership with a retailer since it was founded in 1975.
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NewsSainsbury’s prepares to launch online fashion marketplace
Sainsbury’s is gearing up to launch its own online fashion marketplace as it seeks to leverage the web traffic it draws.
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Innovation of the WeekInnovation of the Week: Selfridges opens sustainable fashion ‘stock market’
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsJohn Lewis hires creative agency to deliver Christmas and loyalty campaigns
John Lewis Partnership has partnered with Saatchi & Saatchi as its new creative marketing partner for John Lewis, John Lewis Financial Services and Waitrose.
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NewsWatch: John Lewis’ White clarifies investment position ahead of crunch vote
John Lewis Partnership boss Dame Sharon White has sought to quell doubts about her long-term plans for the business ahead of a crunch vote of confidence.
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NewsJohn Lewis drafts in former Hobbs boss to board
John Lewis Partnership has appointed former Hobbs chief executive Nicky Dulieu as a non-executive director.
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NewsJohn Lewis reports soaring sales of coronation merchandise
Sales of coronation memorabilia have rocketed at department store group John Lewis as the royal event approaches.