All Department stores articles – Page 146
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NewsRetail sales volumes jump 3.3% in February, says ONS
Retail sales jumped 3.3% by volume year-on-year in February, according to the ONS, with department stores the star performer.
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NewsNext full-year profits soar 9% as new year gets off to slow start
Next pre-tax underlying profit jumped 9% to £622m over the year against a 3.1% sales jump, however, the new year has got off to a slow start.
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News
Department store operator Myer reports solid first-half
Department store operator Myer’s first-half sales increased 1.7% to AUD1.73bn (£1.19bn) and 1.4% on a like-for-like basis.Net profit after tax edged up 0.7% to AUD87.9m (£60.4m).Myer chief executive Bernie Brookes said the business had delivered a solid first-half result, including a strong second quarter, which reflected a well-planned and executed ...
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NewsMarks & Spencer braced for Qatari takeover bid
British department store Marks & Spencer is braced for a reported £8bn takeover bid from Qatar.
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GalleryStore of the week: La Cave, department store Le Bon Marché, Paris
Visit a wine cellar in France and a winding, cavernous space with a damp atmosphere and a mild chill in the air is expected.
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AnalysisOracle Retail Week Awards: How John Lewis led the way and outperformed its rivals
John Lewis won both Oracle Retailer of the Year and Brandbank Multichannel Retailer of the Year. Managing director Andy Street talks about its success.
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AnalysisOracle Retail Week Awards: Marks & Spencer makes Shwopping splash
Marks & Spencer’s Shwopping initiative with Oxfam has been awarded the Corporate Social Responsibility Initiative of the Year.
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AnalysisOracle Retail Week Awards: Double win for Debenhams
Debenhams won the ReThink Retail Technology Initiative of the Year and International Growth Initiative of the Year awards.
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AnalysisAnalysis: There’s more than one way to keep the tills ringing
Tesco turned up the pressure on price again this week with its Price Promise scheme. But price isn’t everything.
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AnalysisIn pictures: Sir Philip Green collects Outstanding Contribution to Retail award
Sir Philip Green has been awarded the Outstanding Contribution to Retail award at the Oracle Retail Week Awards 2013.
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NewsRetail Week Live: House of Fraser on the hunt for more click-and-collect-only stores
Department store House of Fraser is eyeing further locations for the click-and-collect stores it began trialling 18 months ago.
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NewsJohn Lewis to trial £2m 'little Waitrose' food offer
John Lewis is to introduce a food offer in its Watford shop enabling customers to stock up on Waitrose products whilst shopping the department store.
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NewsJohn Lewis demands rebate from suppliers
John Lewis has been accused of “abusing” its suppliers for demanding a rebate from them despite sales of their products rising.
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OpinionBlog: John Lewis Partnership results day gains added spice
The buzz of John Lewis Partnership’s results day is one of the most iconic days in the retail calendar and its usual vibrancy had added spice yesterday.
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AnalysisAnalysis: System integration - multichannel's new reality
As the lines between bricks-and-mortar and online retail continue to blur, Retail Week examines how integrated supply chains underpin the multichannel future.
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NewsJohn Lewis delivers "extremely strong" performance with sales up 13.3%
John Lewis’ sales advanced 13.3% to £64.3m last week, as it generated double-digit sales increases across 16 stores and online.
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News
Department store Macy's reports solid performance for 2012
Department store group Macy’s reported a solid performance in 2012 on the back of strong online growth.For the full year, sales reached $27.69bn (£18.38bn), an increase of 4.9% on the previous year. Like-for-like sales, which strip out an extra week in fiscal 2012, increased 3.7%, beating company guidance.Online sales from ...
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NewsCharlie Mayfield calls on Government to 'moderate' rates rise
John Lewis Partnership chairman Charlie Mayfield called on Government to analyse the impact of the proposed rise in business rates ahead of the Budget later this month.
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NewsVideo: John Lewis to invest a record £200m as it plots overseas expansion
Department store John Lewis is to invest a record £200m in its business this year as it plots overseas expansion.
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NewsVideo: John Lewis Partnership reports 17% bonus as profits soar 15.8%
John Lewis Partnership staff will receive bonuses worth 17% of salary after the group reported a 15.8% surge in full year pre-tax profits.