All Department stores articles – Page 18
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AnalysisWhere retail’s top bosses love to shop
As the retail sector finds its feet again in the months following reopening, which shops are the industry’s leaders most excited to get back to? Retail Week asks retail CEOs what their favourite stores are and why.
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NewsMarks & Spencer to close 11 French stores as Brexit batters supply
Marks & Spencer is to close 11 of its 20 franchise stores in France after post-Brexit trade rules “significantly” impacted supply of fresh and chilled food.
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AnalysisFalse dawn or fresh start: Has John Lewis really got its mojo back?
While the consensus was that John Lewis’ first half would be an improvement from last year, the retailer has hugely exceeded expectations. Is this the start of a new day for the embattled department store chain, or a papering over of the cracks?
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NewsJohn Lewis losses narrow as sales jump and cost-saving measures take effect
John Lewis has reported a significant narrowing in losses after tax in the first half of the year, with revenues jumping and cost savings from its extensive restructuring beginning to take effect.
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VideoWatch: M&S breaks from the ‘ordinary’ with new fashion TV ad
M&S has launched its autumn/winter clothing collection in a bid to showcase a new style that is “anything but ordinary”.
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NewsJohn Lewis targets value as it launches Anyday clothing range
John Lewis has revealed plans to roll out a cheaper fashion line under its Anyday banner.
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NewsNearly 50 high street stores shuttered per day in 2021
Over 8,700 chain stores have closed their doors across British shopping locations in the first half of this year.
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GalleryStore gallery: Selfridges ‘transforms’ tech offer with gaming destination launch
The opening of Selfridges’ permanent gaming outlet, in partnership with Smartech, aims to create a new era of experiential retail for gamers.
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GalleryElectric go-karts, arts fairs and whisky tours: Six innovative uses for empty department stores
The department store format has suffered badly over the last five years, with the vast majority of stores which have closed still standing empty. Retail Week looks at six innovative uses of former department store space both from the UK and internationally.
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NewsMarks & Spencer pulls suits from half its stores as demand slumps
M&S has stopped stocking suits across more than half of its 245 larger-format stores as the retailer responds to the rise in demand for more casual clothing.
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NewsDepartment store numbers plunge 83% since collapse of BHS
More than 80% of the UK’s department stores have been lost since the demise of BHS and many former branches still lie empty.
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NewsIncoming Frasers boss Murray in line for potential £100m bonus
Incoming Frasers chief executive Michael Murray could pocket up to £100m in bonuses if he more than doubles the group’s share price.
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AnalysisTourism to localism – how retailers in prime cities are shifting strategies
Following the lifting of Covid-19 restrictions, “freedom” may have arrived in the UK – but tourists have not. Indeed, it could take years for the volume of visitors, particularly those from Asia, to return to pre-pandemic levels. So how can prime cities like London adapt and innovate to win more spend from domestic consumers?
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DataData: Retail sales fall in July due to poor weather and transport delays
Retail sales fell in July compared with June as poor weather, supply chain challenges and the end of Euro 2020 led to a reduction in spending.
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NewsMarks & Spencer profits to beat expectations following strong trading
Marks & Spencer expects full-year earnings to be better than anticipated after strong trading as its transformation plan bore fruit.
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NewsAmazon plans to open department stores in US
Amazon plans to open several department stores in the US, as the tech titan’s pivot to bricks-and-mortar retailing gathers pace.
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NewsJohn Lewis builds offer beyond retail with ethical financial products
John Lewis Partnership has entered the retail investment market for the first time as it seeks to generate more profits from outside traditional retail.
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AnalysisMichael Murray: The man Mike Ashley is entrusting with the future of Frasers
Who is the man Sports Direct founder Mike Ashley has appointed as his successor and can he turn around the retailer’s fortunes?
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NewsHarvey Nichols launches online luxury resale service
Harvey Nichols has partnered with resale technology specialist Reflaunt to launch a second-hand fashion and accessories proposition online.
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NewsJohn Lewis and Waitrose raise drivers’ pay to combat shortage
John Lewis Partnership, owner of the eponymous department store business and grocer Waitrose, has become the latest retailer to increase drivers’ pay as the industry faces a shortage.