All Department stores articles – Page 23
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News
John Lewis plots further store closures as Covid crisis bites
John Lewis is planning a fresh round of store closures as the impact of the coronavirus crisis on physical retail deepens.
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Gallery
Store gallery: John Lewis’ store-in-store concept at Wallingford Waitrose
The John Lewis Partnership has opened a new store-in-store at its Wallingford Waitrose supermarket, offering more than 700 products.
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Analysis
Data: The sectors that thrived online over Christmas – and what it means for 2021
Online was undoubtedly the big winner of Christmas 2020. Retail Week’s latest report delves into which sectors benefited most from the shift to ecommerce and what that means for the year ahead.
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News
John Lewis bolsters fashion and beauty stable with 50 new brands
John Lewis has added a clutch of new brands across womenswear and beauty categories in response to shoppers favouring more casual attire in the current climate.
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Analysis
Do you really need shops? Lessons from Cath Kidston, Karen Millen and Coast
As pureplays Boohoo and Asos scoop up the brand rights to former high street darlings Debenhams and Topshop, switching them to online only, Retail Week gleans lessons from brands that have already ditched their stores.
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News
Sainsbury’s short-selling rises despite GameStop phenomenon
There has been an uptick in shorting of grocer Sainsbury’s and shopping centre operator Hammerson’s shares in the past week, despite the targeting of hedge funds in the US by private investors organising on Reddit.
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News
John Lewis customer experience director Peter Cross exits
John Lewis Partnership’s customer experience director Peter Cross is to step down after almost eight years with the business.
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News
Landmark Jenners store to close after landlord row
Edinburgh department store Jenners, owned by Mike Ashley’s Frasers Group, is to shut after almost two centuries of trading.
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Analysis
The power players: the acquisitive retailers snapping up brands
As Boohoo snaps up Debenhams, Retail Week takes a look at the pack of retailers taking advantage of the acquisition opportunities Covid has created to boost their business. Who are the sector’s new power players?
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Analysis
Boohoo boss: How we will make Debenhams a force to be reckoned with
In news that took the sector by surprise, Boohoo has acquired the intellectual property assets of struggling department store Debenhams for £55m – but what does the fashion etailer plan to do with the business?
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Opinion
‘Asos and Boohoo swoops for Topshop and Debs are changing of the guard’
If proof were needed of the scale of change underway in retail, it came this week as pureplays Asos and Boohoo swooped on two of retail’s most venerable high street names.
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News
Boohoo acquires Debenhams brand and website
Boohoo has acquired Debenhams’ brand and website for £55m in what executive chair and co-founder Mahmud Kamani describes as “a transformational deal”.
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Analysis
Strategic report: Lessons from Christmas 2020 to help you win in the year ahead
Lockdown, store closures and bans on large gatherings created what Marks & Spencer boss Steve Rowe termed ”near impossible trading conditions” this golden quarter. Retail Week’s latest report pulls out the trends from this very different Christmas and lessons to help you trade through the most volatile trading conditions ever experienced.
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Data
Data: The 30 happiest places to work in UK retail
Hackett London, Browns and Moonpig have the happiest workforces of any retailer in the UK, new data has revealed.
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Analysis
Will more retailers ditch Oxford Street?
While the famous shopping destination was already facing headwinds, the coronavirus crisis has been a perfect storm for Oxford Street. The question is whether retailers will hang around to pick up the pieces or abandon it altogether.
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Video
Watch: The Entertainer and NOTHS reveal trading trends from a ‘chaotic’ Christmas
Christmas 2020 was the most volatile retail has ever experienced. Leaders from The Entertainer, Notonthehighstreet, Openpay and Braze dissect the trading trends and what they mean for retail in 2021.
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News
UK economy shrinks in November, ending six consecutive months of growth
The UK economy shrank in November as coronavirus restrictions on consumers and businesses reduced economic activity.
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Opinion
Peter Williams: ‘The pressure is on for fewer but better stores’
After the experience of the last 10 months, do we really need shops any more? Perhaps we should start by reflecting on how they were created and why we started going to them in the first place.
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News
Debenhams axes Oxford Street flagship and 320 jobs with latest closures
Debenhams is permanently closing its Oxford Street flagship and five other stores, with the loss of 320 jobs.
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News
John Lewis switches off click and collect at ‘critical point’ of Covid crisis
John Lewis will stop offering click and collect from its stores in a bid to reduce non-essential travel by customers.