All Department stores articles – Page 185
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NewsDebenhams and Tesco top JP Morgan’s 2011 picks
Department store group Debenhams and leading grocer Tesco feature on broker JP Morgan Cazenove’s list of top stock picks for 2011, while fashion giant Next and supermarket group Sainsbury’s should be avoided.
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NewsJohn Lewis sales up 8% as snow begins to clear
Department store John Lewis sales grew 8% in the four days to the end of Wednesday December 8.
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NewsJohn Lewis weekly sales pass £100m
John Lewis sales passed £100m for the week ending Saturday December 4, up 1.2% year on year, despite poor weather conditions.
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NewsJohn Lewis reports flat week so far, with sales hit by snow
John Lewis has reported flat sales from Sunday to Wednesday compared with last year, as the snow impacted footfall and sales.
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NewsGaleries Lafayette progresses with move into China
French department store group Galeries Lafayette has reportedly entered a joint venture with fashion retail company IT to open stores in China, three years after the companies signed an informal agreement.
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NewsFortnum & Mason records first profit in six years
Luxury department store Fortnum & Mason has recorded a profit for the first time in six years alongside record sales.
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Galeries Lafayette to open in China in 2013
French department store retailer Galeries Lafayette is to open its first location in China in 2013. The Beijing store will be operated as a 50:50 joint venture between Galeries Lafayette and the Hong Kong-based fashion retailer IT, which is investing HKD150m (£12m) in the project prior to its opening. According ...
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NewsJohn Lewis to open in Middle East, according to reports
John Lewis is understood to be in talks to open department stores across the Middle East, according to reports.
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NewsJohn Lewis records weekly sales of £100m
John Lewis sales for the week ending Saturday November 27 were just shy of £100m, showing shoppers were not deterred by the snowfall across the country.
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NewsJohn Lewis plans spas to create in-store theatre
Department store chain to open beauty spas and hairdressers in bid to differentiate itself
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NewsJohn Lewis mid-week sales up 12%
John Lewis has reported sales up 12% from Sunday to Wednesday this week, with trade strong across its sectors.
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Sears Holdings records £136m loss
Department store retailer Sears Holdings recorded a loss of $218m (£136m) for the three months ended October 30, from $127m (£80m) during the prior-year period. Sales declined 4.9% to $9.7bn (£6bn), primarily as a result of a 4.8% decrease in domestic like-for-like sales.The retailer said that results were hurt by ...
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NewsKarstadt appoints Andrew Jennings as chief executive
German department store group Karstadt has named Andrew Jennings as chief executive.
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NewsJohn Lewis weekly sales surge as cold weather sets in
John Lewis said total sales surged 12% to £88m in the week to Saturday, after a strong performance from cold weather clothing.
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Kohl's and Macy's records flat Q3 profits
Department store retailers Kohl’s and Macy’s have reported their third-quarter results for the period ended 30 October. Kohl’s reported its net profit for the third quarter was flat at $194m (£120.3m), compared with $193m (£119.7m) a year ago. Net sales for the quarter were $4.2bn (£2.6bn), an increase of ...
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NewsJohn Lewis reports strong start to week
John Lewis saw sales surge 11.3% over the last four days driven by a strong performance from fashion and helped by the colder weather.
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NewsSelfridges owner snaps up Holland's de Bijenkorf chain
The owner of UK department store chain Selfridges has snapped up de Bijenkorf, the Dutch luxury department store chain, for an undisclosed sum from Dutch retail group Maxeda.
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NewsDebenhams launches 'Christmas Spectacular' Sale
Debenhams is to launch its first ‘Christmas Spectacular’ Sale on Wednesday, offering price cuts of up to 25%.
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NewsChristmas sales drive John Lewis uplift
Department store John Lewis said that sales rose 11.5% week-on-week in the seven days to Saturday November 13, driven by home entertaining and Christmas decoration products.