All Department stores articles – Page 28
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DataData: The retail sectors capturing footfall since stores reopened
Footfall is slowly returning to retail destinations following the peak of the coronavirus pandemic, but which sectors are capitalising on that traffic and enticing customers into their stores? Springboard data shared exclusively with Retail Week reveals the sectors that are emerging as the winners and losers.
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NewsFenwick full-year losses widen as pre-pandemic sales slide
Fenwick has suffered widening losses and falling sales in a what is described as an “extremely challenging” year, Retail Week can reveal.
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NewsFrasers Group chair in closed-period share-buying blunder
The non-executive chair of Mike Ashley’s Frasers Group accidentally bought shares in the retailer ahead of this week’s results.
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GalleryIn pictures: Selfridges’ sustainability push featuring innovative brands
On Monday, Selfridges launched its Project Earth campaign, which aims to change the way its customers shop by 2025.
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NewsM&S to axe 7,000 roles as coronavirus hammers sales
Marks & Spencer is set to cut 7,000 roles across the business in the next three months, as it looks to streamline its strategy amid the coronavirus pandemic.
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NewsJohn Lewis launches furniture rental service
John Lewis has partnered with rental marketplace Fat Llama to offer a furniture rental service.
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NewsSelfridges puts repair and resale on agenda with ‘transformational’ sustainability push
Department store group Selfridges has launched a sustainability initiative described as “transformational” and which will “change the way we shop” over the next five years.
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GalleryStore Gallery: How South American giant Falabella is designing stores for omnichannel
Storied department store group Falabella is one of Chile’s most treasured national brands. Recognised across the region as an early adopter with a track record in innovation, the pioneering traits that helped it win that status are much in evidence.
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Opinion‘Mike Ashley’s Frasers Group is not just unconventional – it’s unprofessional’
When a stock market announcement comes through from Frasers Group, formerly known as Sports Direct, you never know what to expect. A rant from founder Mike Ashley at landlords, the government or his rivals? A shiny new acquisition? The resignation of its auditor?
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NewsAshley’s Frasers Group delays results for second year in row
Tycoon Mike Ashley’s Frasers Group has put back publication of its annual results for the second year running.
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Opinion‘Could Amazon’s JC Penney swoop offer a glimpse into its UK plans?’
With Amazon in discussions to buy abandoned department stores in the US to turn into dedicated distribution centres, might the etail giant do the same in the UK – and would it work?
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NewsDebenhams axes 2,500 jobs in fresh cost-cutting drive
Debenhams is axing 2,500 staff across its stores and warehouses as the business grapples to reduce its cost base.
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NewsAmazon in talks to convert JC Penney stores into fulfilment centres
Amazon is currently negotiating with JC Penney and Sears mall owner Simon Property Group to turn its abandoned department stores into Amazon distribution centres.
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AnalysisThe Big Question: Is Sharon White’s strategy the right one for John Lewis Partnership?
John Lewis Partnership chair Dame Sharon White has launched a sweeping strategic shift in a bid to revive the group’s flagging fortunes. Here, experts weigh in on whether her plan is the right one
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NewsFrasers Group set to open Leicester megastore
Frasers Group has announced plans to open a flagship store in Leicester’s Fosse Park which will combine its Flannels, Sports Direct, Evans Cycles and Game fascias.
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NewsJohn Lewis focuses on staff wellbeing in own-brand supplier shake-up
John Lewis has launched a supplier engagement initiative called ‘Better Jobs’ that will focus on the job satisfaction of employees at its own-brand supply base.
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Opinion‘John Lewis chair White keeps the best and updates the rest’
Meet the new John Lewis, same as the old John Lewis – up to a point, anyway. And up to an important point, which should never be lost.
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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.
