All Department stores articles – Page 27
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NewsJohn Lewis chair White sets out new course in strategy update
Department stores and grocery group John Lewis Partnership has revealed the direction it will take following a strategic review.
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AnalysisFour must-see graphs from Next reveal lockdown trading pattern
Fashion giant Next’s latest update showed “a much better position than anticipated three months ago”. These graphs eloquently tell the story of how performance has played out and the impact of store reopenings.
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NewsNext quarterly sales drop ‘better than expected’
Next has suffered a drop in full-price sales during its second quarter, as the business struggles to tempt shoppers back to stores.
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NewsJohn Lewis adds new people executive director to top team
The John Lewis Partnership has named the newest member of its overhauled executive team as Nikki Humphrey.
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NewsSelfridges axes 450 roles as sales drop ‘significantly’
Selfridges will be cutting 14% of its headcount – around 450 jobs – in a move that managing director Ann Pitcher said was “the toughest decision we have ever had to take”.
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NewsDebenhams raises ‘For sale’ sign to secure future
Debenhams is preparing to seek new owners among a range of options being considered to put it on a firm footing after its collapse earlier this year.
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NewsMarks & Spencer axes 950 jobs as it ‘accelerates transformation’
Marks & Spencer is to cut almost 1,000 jobs as it reshapes operations through the ‘Never the Same Again’ programme unveiled as the coronavirus pandemic hit.
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NewsM&S, Ted Baker and Harvey Nichols brace for job cuts
Marks & Spencer is understood to be making hundreds of job cuts this week as fellow fashion operators Ted Baker and Harvey Nichols also brace for redundancies.
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NewsTOFS snaps up former Topps Tiles chief in board reshuffle
The Original Factory Shop has appointed recent Topps Tiles boss Matt Williams as its executive chairman as chief executive Emma Fox exits for a new role.
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NewsJohn Lewis unveils virtual personal shopping service
Department store group John Lewis has launched a virtual personal shopping service using Zoom.
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GalleryIn pictures: Harrods’ new concept Outlet store at Westfield London
To help clear excess stock that could not be sold due to the coronavirus pandemic, Harrods has launched its first outlet store in Westfield London.
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NewsJohn Lewis to shutter eight stores, 1,300 jobs at risk
John Lewis & Partners has confirmed that it will permanently close eight of its shops, including two of its full-size department stores.
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NewsMarks & Spencer relaunches Sparks loyalty programme
Marks & Spencer will relaunch an overhauled Sparks loyalty scheme next week after making changes in response to customer views.
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NewsHarrods to slash hundreds of jobs as coronavirus craters tourism
Luxury department store Harrods is poised to make hundreds of redundancies, blaming the coronavirus pandemic for stifling sales and driving down tourism.
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NewsJohn Lewis chair White warns staff of store closures and job cuts
John Lewis chair Dame Sharon White has told staff that job cuts and store closures are imminent as the business embarks on a post-coronavirus cost-cutting drive.
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AnalysisProfile: Pippa Wicks – the new John Lewis director unafraid to stare down the barrel
As John Lewis faces some of the biggest challenges in more than a century of trading, it has called in not a department store executive but a restructuring specialist to take the helm.
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NewsJohn Lewis raids Co-op for new department stores boss
The John Lewis Partnership has poached a top Co-op executive to take charge of its eponymous department store business.
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NewsWestfield House of Fraser to become co-working space
The owner of the Westfield London White City shopping centre has set out plans to turn the House of Fraser store there into a co-working space in a bid to create a more mixed-use destination.
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NewsJohn Lewis to reopen nine more stores after successful first week
John Lewis intends to reopen of nine more stores on June 25, after it initially reopened in Kingston and Poole on Monday and 11 more later in the week.
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NewsM&S boss Rowe pledges action on racism and diversity
Marks & Spencer chief executive Steve Rowe has made a personal commitment to staff to take “urgent action” to address racism and diversity in the wake of the Black Lives Matter movement.