All Department stores articles – Page 12
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Analysis
Strategy 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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News
M&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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Analysis
Machin 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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News
Former 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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News
M&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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News
Brompton 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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News
Sainsbury’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 Week
Innovation 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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News
John 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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News
Watch: 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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News
John 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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News
John Lewis reports soaring sales of coronation merchandise
Sales of coronation memorabilia have rocketed at department store group John Lewis as the royal event approaches.
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News
John Lewis set to downsize London HQ as staff favour working from home
John Lewis Partnership is set to exit its headquarters and search for new offices in central London “because it needs less space” as staff continue to work from home following the pandemic, according to a report in The Times.
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Gallery
In pictures: How retail is marking King Charles III’s coronation
With King Charles III’s coronation approaching on May 6, Retail Week takes a look at what retailers are doing to gear up for the historic occasion.
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News
John Lewis chair White: ‘External investment would not be about end of partnership – far from it’
John Lewis chair Dame Sharon White has maintained that any external investment that may be brought in will not signal the end of the partnership, but will be a testament to the appeal of its co-owned model.
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News
John Lewis appoints first head of loyalty and invests in pan-partnership rewards
John Lewis Partnership has appointed its first pan-partnership head of loyalty and is looking to ramp up its membership rewards with a new loyalty programme.
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News
John Lewis bids to win kidswear market share with expanded range
John Lewis hopes to seize a bigger share of the children’s clothing market with the launch of an expanded collection, including debut ranges from its new director of design for fashion, Queralt Ferrer.
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Data
Shopfloor pay ranking: How much do UK retailers pay?
Our ranking of shopfloor pay at the UK’s biggest retailers shows a rapid pace of change, but with shrinking volumes and rampant inflation to consider, how high can it realistically rise?
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News
John Lewis wins court dispute over ‘Excitable Edgar’ the dragon Christmas ad
John Lewis has won a court case in which a children’s author claimed the retailer had stolen one of her designs for its Edgar the dragon Christmas advert.
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News
John Lewis new CEO tells staff they must change business model ‘at pace’
New John Lewis Partnership chief executive Nish Kankiwala has told staff that the business model will have to be reformed “at pace”.