All Department stores articles – Page 145
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OpinionComment: The weather is not the source of all evil
Sometimes there are things other than the weather that might be responsible for average results.
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NewsJohn Lewis sales growth slows in ‘solid’ week of trading
John Lewis managing director Andy Street reported “solid” sales growth of 6.9% to £65.3m last week as tough comparatives checked the double-digit growth enjoyed during much of 2013.
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AnalysisProfile: Ron Johnson, former chief executive, JC Penney
He may have revolutionised retail during his time at Apple, but his short tenure as chief executive of JC Penney ended in disappointment.
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Analysis
Analysis: How retailers can cope with ongoing weather storms
Debenhams has blamed a drop in profits on unseasonable weather, but what can retailers do to battle against the elements as they have this winter?
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NewsJohn Lewis eyes mobile phone market amid broadband push
John Lewis is poised to take on communications giants and mobile phone retailers in the smartphone market.
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NewsDebenhams blames snow for first-half profits fall
Department store group Debenhams’ pre-tax profits fell 5.4% to £120.3m in its half year as snowfall hampered sales in January.
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News
Hudson's Bay Company pushes ahead with reinvention
Canadian department store group Hudson’s Bay Company is pushing ahead with its reinvention and merchandising plans. The retailer plans to introduce five further Topshop shop-in-shops and, by next year, an outlet of US-based Kleinfeld Bridal salon at its Toronto flagship.“We’re searching around the world for fantastic concepts that we can ...
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NewsSelfridges early payment fees slammed by Forum of Private Business
Selfridges has been criticised by the Forum of Private Business for forcing its suppliers to pay a fee for having their invoices settled.
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NewsJohn Lewis sales dip 3.2% due to Easter distortion
John Lewis sales fell 3.2% to £64.6m last week as it came against tough comparisons as Easter fell in the same week last year.
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AnalysisCampaign of the week: John Lewis, Shop Spring This April
Department store John Lewis’ eye-catching TV ads win attention because of their emotive stories and big production values.
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AnalysisAnalysis: JCPenney and Ron Johnson - what went wrong?
This week US retailer JCPenney revealed that chief executive Ron Johnson is leaving the company after a tumultuous tenure in the top seat.
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NewsJC Penney boss ousted and replaced by predecessor as turnaround backfires
JC Penney’s chief executive, former Apple Retail boss Ron Johnson, has been ousted and replaced by his predecessor at the US department store.
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Department store Morleys hires finance director ahead of expansion
Department store retailer Morleys has appointed Neil Stockton as its new finance director as the company looks to expand its operations.
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NewsOnline sales rocket in March amid poor weather conditions
Poor weather last month drove shoppers online as etail sales rocketed 12%, but shoppers shunned visits to physical stores amid the ice and snow.
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Department store JC Penney revives abandoned pricing strategy
Department store group JC Penney has revived the pricing strategy it had abandoned, which involves increasing prices of private label lines then discounting them as a means of improving sales and margins.The retailer began changing merchandise prices in March and will complete the process this month, according to a JC ...
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NewsJohn Lewis sales rise as shoppers switch to winter wear
John Lewis sales rose 13.5% to £65.76m last week as sales of winter wear and boots surged amid snow-hit Britain.
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OpinionComment: Multichannel success for fashion and homeware retailer Next
Next’s full-year figures showed that the fashion powerhouse remains a pastmaster in multichannel retailing.
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AnalysisAnalysis: Can fashion retailers blame it on the weatherman?
When Debenhams rolled out the weather excuse earlier this month when issuing a profit warning, the industry scoffed and its share price plummeted.
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NewsDepartment store Debenhams hires Argos multichannel director
Debenhams has poached Argos ecommerce boss Ross Clemmow to replace Simon Forster who exited late last year.
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NewsJohn Lewis revenue dips 0.3% as fashion sales plunge
Department store John Lewis sales dipped 0.3% in the week to March 16 as the cold snap led to a 10% drop in womenswear revenue.