All Department stores articles – Page 30
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OpinionOpinion: Supporting suppliers now will pay dividends tomorrow
The coronavirus pandemic has not only decimated retailers’ performance, its effects are being felt by the industry’s suppliers too.
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NewsDebenhams intends to appoint administrators
Debenhams has filed a notice of intention to appoint administrators in a bid to protect the business from liquidation.
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NewsCoronavirus: Arcadia store closures loom as Cath Kidston and Debenhams teeter on brink
Topshop owner Arcadia is likely to close many more shops as it reels under the blow of the coronavirus pandemic.
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OpinionOpinion: Fenwick leadership changes are a huge roll of the dice
Department store group Fenwick is taking a risk as it parts company with both chair Richard Pennycook and chief executive Robbie Feather.
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NewsDebenhams puts administrators on standby amid coronavirus disruption
Debenhams stakeholders are understood to be preparing to place the department store chain into administration as soon as next week.
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OpinionOpinion: Retail must act now to help its people through this crisis
Retail always has been and always will be a people industry. People are the heart and soul of this sector and help make it such a vibrant and dynamic trade for us, as journalists, to have the pleasure of covering.
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NewsFenwick chair Richard Pennycook and boss Robbie Feather exit
Fenwick chair Richard Pennycook and chief executive Robbie Feather are both stepping down as the business’ founding family wrestles back control.
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NewsMarks & Spencer raises pay for frontline staff during coronavirus outbreak
Marks & Spencer is to award frontline store and supply chain staff a 15% pay rise and furloughed employees will receive full pay during the coronavirus pandemic.
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AnalysisAnalysis: As UK enters coronavirus lockdown, how should retailers respond?
The country is in lockdown and retailers of goods and services not deemed essential have been ordered to shut stores. As the industry finds itself in uncharted territory, Retail Week analyses how businesses can operate and what it means mean for the future of multichannel retail.
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NewsCoronavirus: Primark, John Lewis and Timpson all close stores
High street fashion giant Primark, department store chain John Lewis and shoe repair specialist Timpson all shuttered stores over the weekend in response to the burgeoning coronavirus epidemic.
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NewsCoronavirus: John Lewis Partnership launches £1m community support fund
John Lewis Partnership has launched a £1m community support fund to be distributed across the country “at this time of national crisis”.
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NewsCoronavirus: Selfridges to shut stores from 7pm tonight
Department store group Selfridges is to shut its stores, including its Oxford Street flagship, at close of business this evening to play its part in minimising the spread of coronavirus.
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AnalysisData analysis: Opportunities and challenges for department stores
As John Lewis embarks upon a strategic review of its business and coronavirus hammers department store sales, Retail Week takes a deeper dive to investigate the challenges and opportunities across the UK department store sector.
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NewsDebenhams demands rent holiday as coronavirus dents footfall
Embattled department store chain Debenhams has heaped further misery on its landlords by requesting a rent holiday of up to five months as fears over coronavirus dent high street footfall.
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NewsDebenhams boss to step down amid hunt for successor
The boss of Debenhams, Stefaan Vansteenkiste, is to step down from the business after less than a year at the helm.
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NewsJohn Lewis launches first spring TV advertising campaign
John Lewis has launched its first-ever TV advertising campaign outside of Christmas and clearance, in a bid to push sales of its spring and summer collections.
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OpinionOpinion: John Lewis results show stores urgently need new purpose
There was a striking line in the John Lewis Partnership’s results that threw into relief a question that taxes many retailers, not just the group’s new chair Dame Sharon White – what role does the store play as online continues to transform the industry?
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AnalysisData: John Lewis results and what they mean for strategy
John Lewis Partnership is embarking on a strategic review under new chair Dame Sharon White after reporting “weaker profit than hoped for”. What does that mean for the department stores business and what can be expected over the next few years?
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NewsJohn Lewis pays lowest bonus since 1953 as profits slump
John Lewis Partnership will pay staff its lowest bonus for more than 60 years after suffering a drop in full-year profits and a write-down in the value of its property.
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NewsDebenhams rejects claims that lender commitment is in doubt
Debenhams has slammed down suggestions that the commitment of its lenders to a debt for equity swap is in question and that debt restructuring was reliant upon more deep rent reductions.