All Department stores articles – Page 177
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GalleryIn pictures: Selfridges windows go product-free
Selfridges Oxford Street has launched The Museum of Everything show with art across its whole frontage.
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NewsJohn Lewis to use Waitrose stores to double its click-and-collect network
John Lewis is to double the size of its click-and-collect operation by adding an extra 60 Waitrose branches to its network of stores at which customers can pick up goods.
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News
Sears reports total revenue decrease
Sears has reported a decrease in total revenue of $125m (£75.9m) to $10.3bn (£6.25bn) for the second quarter ended July 30. The decline was primarily a result of a 0.7% fall in domestic like-for-like sales and the effect of having fewer Kmart and Sears full-line stores in operation.However, it was ...
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NewsHarvey Nichols close to signing beauty sites
Harvey Nichols is close to signing its first new format Beauty Bazaar shops as it eyes store numbers in the double-digits.
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NewsJohn Lewis revamps electronics, home and menswear departments
John Lewis is revamping its electronics, home and menswear departments.
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NewsDebenhams to preserve Clapham riot boards
Debenhams is to preserve the boards displaying messages of support erected during the riots earlier this month to demonstrate how the British public rallied round during the looting.
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NewsJohn Lewis to launch fashion campaign for autumn 2011
John Lewis is to launch an outdoor and press campaign for its autumn 2011 fashion on September 5.
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News
Gross sales rIse at Lotte Shopping
Lotte Shopping’s gross sales rose 20.3% to SKW5.5trn (£3.1bn) in its second quarter for 2011. Operating profit rose by 8.1% to SKW437bn (£243.8m) while net profit soared by 17.1% to SKW301bn (£167.9m).For the first six months, gross sales climbed 23.8% to SKW11.2trn (£6.25bn). In terms of sales, the group’s Lotte ...
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News
Isetan Mitsukoshi reports net sales rise
Department store operator Isetan Mitsukoshi reported a net sales rise of 0.2% to ¥289.9bn (£2.31bn) for the first quarter ended June 30. Net profit was ¥16.9bn (£13.5m), compared with a loss of ¥795m (£6.3m) the previous year. The company blamed sluggish sales on low consumer spending after the earthquake in ...
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News
Stockmann reports net sales increase
Department store retailer Stockmann reported net sales rose 13% to E510.2m (£449m) for the second quarter. But net profit fell 43% to E14.7m (£13m).The retailer forecasts second-half 2011 operating profit will outperform the previous year, driving an overall rise in pre-tax earnings. Stockmann expects Russian operations to continue to grow ...
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Sales increase for department store Macy’s
Department store operator Macy’s has said sales in the second quarter ended July 30 rose 7.3% to $5.94bn (£3.7bn) and 6.4% on a like-for-like basis. Online sales (Macys.com and Bloomingdales.com) were up 40.2%. Operating income climbed 37% to $506m (£313m).Macy’s chairman, president and chief executive Terry Lundgren said: “All of ...
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NewsDebenhams reveals Indian expansion plans
Department store Debenhams has revealed major expansion plans for India, according to reports.
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NewsFortnum owner gives £58m to charity
Fortnum & Mason’s owners have given £58m to charity after a blow-out year.
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AnalysisOnline vs multichannel
Online has been driving the retail narrative for some time, but now the story is moving on as retailers with a blend of web with bricks and mortar look set to have a happy ending
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News
Department store operator Falabella reports net profit increase
The country’s largest department store operator Falabella reported its second-quarter net profit up 13.7% to CLP108.7bn (£141.6m) on the back of robust domestic demand throughout South America.Falabella’s regional expansion plans paid off as stores in Chile, Colombia and Peru also boosted the retailer’s bottom line.Sales soared 13.3% year-on-year to CLP1.25trn ...
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Neiman Marcus announces impressive preliminary results
Upmarket department store chain Neiman Marcus has announced impressive preliminary results for its fourth quarter and full year for 2011. Net sales at the retailer rocketed 11.3% in the fourth quarter to $920m (£564.4m). In the same period, Neiman Marcus Direct revenues were 11% above last year.Like-for-like sales for the ...
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AnalysisRetail Week On The Road: South East and East Anglia
We visit Norfolk, East Anglia, Kent and Essex
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NewsHouse of Fraser to open new format click-and-collect store
House of Fraser is to open a new format click-and-collect store in Aberdeen next month.
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OpinionRetail destinations of tomorrow take shape
One of the unknown effects of multichannel revolution has been what it means for the shape of physical retail.