All Department stores articles – Page 209
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News
Fortnum & Mason eyes shop-in-shop empire in Japan
Iconic department store Fortnum & Mason is to expand its operations in Japan in a tie-up with local department store group Isetan.
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News
Uniqlo readies for concession debut in Selfridges
Uniqlo is poised to open its first concession at Selfridges on London’s Oxford Street next month.
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Opinion
John Richards: Think it's bad? You've seen nothing yet
Plan for lower sales in 2009 and 2010 and you won’t suffer too many unpleasant shocks. The severity of the financial crunch and the excesses that led to it mean that the adjustment process must not only be painful but protracted.
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News
Fund set up to back retailers of the future
A consortium of retail entrepreneurs has united to create an investment fund to support fledgling UK retail businesses.
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News
Harrods chief executive makes surprise exit
Harrods chief executive James McArthur has left the business after less than a year in the role.
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Analysis
NRF: Brave New World
After a year of financial turmoil a more humble and socially aware retail industry was on show at this year’s National Retail Federation convention last week. Joanna Perry reports from New York
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News
Short selling on retail stock doubles
Short selling positions on retail shares have almost doubled between November and January, as investors bet on further misery for the sector.
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News
El Corte Ingles optimises its merchandising
Spain’s largest retailer El Corte Ingl s is in the process of implementing Oracle Retail’s assortment execution system, after going live with merchandise financial planning and price optimisation systems.
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News
Inflation falls to 3.1 per cent
Inflation fell to 3.1 per cent in December, down from 4.1 per cent in November, the Consumer Prices Index showed.
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News
Retailer critical list grows
Retailers are set to face further distress in 2009 after the number of companies facing bankruptcy soared 81 per cent in the final quarter of 2008, according to a survey.
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News
Worst Christmas sales growth in London since 2004
London retailers experienced their worst like-for-like growth this Christmas since 2004. December sales in the capital were 0.7 per cent lower than a year ago on a like-for-like basis.
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News
Selfridges' profits to climb after Christmas sales rise
Department store business Selfridges notched up like-for-like growth of 5 per cent in December.
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Analysis
Supply Chain: Reverse psychology
Returns can be a costly burden, yet retailers’ supply chains are often ill-equipped to deal with them. Charlotte Hardie asks where savings can be made as unwanted gifts fly back to stores.
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News
Retail stocks languish as dismal Christmas fails to lift confidence
Hard-pressed retailers outperformed the All Share index as the first week of trading updates brought few nasty surprises.
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News
John Lewis weekly sales up 3.5 per cent
John Lewis has reported another week of solid trading, with sales up 3.5 per cent.
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Opinion
Pre-pack abuse needs to end
Retailers face many injustices, some real, others perceived. But they don’t come much bigger than this. One of your biggest rivals – which has been in administration and then bought out – has a store on a major high street. And you’re paying their rent.
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News
John Lewis sales rocket 27%
John Lewis has delivered a barnstorming start to its clearance with weekly sales soaring 27.4 per cent on the previous year.
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News
House of Fraser reports resilient Christmas
House of Fraser has reported that like-for-like sales fell 1.5 per cent over the Christmas period and has reassured on its financial position after paying back its bank loans ahead of schedule.
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News
Alexon profit forecasts ahead of management expectations
Fashion group Alexon has said that it expects full-year operating profit to exceed management expectations after a robust performance in December.
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News
Debenhams produces resilient Christmas showing
Debenhams has reported a solid Christmas performance, with like for likes down 3.3 per cent in the 12 weeks to 3 January. Total sales were up 1.1 per cent.