All Department stores articles – Page 201
-
NewsMay food inflation falls to lowest level this year
Shop price inflation growth has slowed to 1.3 per cent in May, from 1.4 per cent in April.
-
News
Morleys Stores acquires Upminster's Roomes department store
The owner of department store Elys of Wimbledon, Morleys Stores, has acquired Roomes department store in Upminster.
-
NewsWales and Southwest footfall shows sharpest decline
Wales and the Southwest have experienced the biggest fall in footfall numbers in the UK.
-
NewsRecession has 'dramatically' changed spending habits
The recession has caused “dramatic” changes in the way consumers spend their money, according to Experian’s Insight Report.
-
NewsJohn Lewis reports strongest week of the year so far
John Lewis has recorded its strongest week of the year so far, with sales up 2 per cent.
-
News
Unexpected profit revealed by Sears
Department store group Sears posted an unexpected first-quarter profit after slashing advertising costs and payroll expenses.The retailer also extended a credit agreement to increase the amount available to $4.1bn (£2.6bn) until March 24, 2010, and $2.4bn (£1.5bn) from March 25, 2010, to June 2012.Net income in the three months to ...
-
News
Arcandor says Metro merger is no alternative to Government aid
Retail group Arcandor said that talks with Metro over a possible merger of the Karstadt and Kaufhof department store chains is no alternative to government aid. Arcandor spokesman Gerd Koslowski said: “Metro would have to bring the money we need for survival and it really doesn’t look like that at ...
-
NewsJohn Lewis unveils new home store format name
John Lewis has revealed that the name of its new format home and electricals store will be ‘John Lewis at home’.
-
NewsJohn Lewis Partnership sales up
John Lewis Partnership recorded a 2.8 per cent sales rise in the week to May 16.
-
NewsHouse of Fraser launches designer-inspired collections in Linea range
The department store group has launched designer-inspired collections for its Linea range as it aims to drive sales from the own-label.
-
NewsClothing retailers benefit from April sales rise
Retail sales rose 3 per cent in value year on year during April and 2.6 per cent by volume, ONS data showed.
-
NewsONS admits it has overstated sales volumes
The Office for National Statistics is to revise the way it calculates its much criticised official retail sales figures.The Government’s official statistical body said the net impact of the changes will be to revise down its estimates of sales volumes. There will be no impact on the assessment of sales ...
-
News
Shopper's Stop to open new outlets
Department store group Shopper’s Stop is to open a further 12 outlets in the next three years. The first four will be this year in Ahmedabad, Bangalore, and Hyderabad. The retailer, one of India’s biggest with 26 department stores, said that one of the triggers for expansion was the steep ...
-
News
John Lewis director of selling Dan Knowles set to step down
John Lewis director of selling operations Dan Knowles is to leave the department store chain at the end of July.
-
NewsDebenhams launches 25 per cent off Summer Spectacular
Debenhams has launched a Summer Spectacular offering discounts of up to 25 per cent in stores and online.The promotion will run for four days until Saturday.
-
NewsWhistleblower ‘despaired’ about direction M&S taking
The former Marks & Spencer employee who leaked an internal memo to The Times detailing plans to slash redundancy pay did so because he “despaired” about the direction the retailer was taking.
-
NewsJohn Lewis reports steady week
John Lewis has reported a consistent week of trading, with weekly sales down 3.1 per cent.
-
News
Sun and self-help lift Marks & Spencer trade
Good weather, self-help initiatives and greater market stability may have boosted trading at Marks & Spencer, City brokers believe.
-
NewsHomeForm trials concessions in Bhs Home stores
HomeForm has opened concessions in four Bhs Home stores as it seeks to reach a wider audience.
-
News
Shopper’s Stop sales rise 9 per cent
Indian retail group Shopper’s Stop has revealed sales rose 9 per cent to INR3.5bn (£46.9m) for the quarter to the end of March.The group – which operates large-format department stores, home stores and speciality retailers including Mothercare in the country – said margin for the quarter increased 4 per cent. ...