All Department stores articles – Page 31
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NewsNew John Lewis boss White to launch strategic review
The new chair of the John Lewis Partnership, Dame Sharon White, plans to initiate a strategic review of the department stores and grocery giant.
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AnalysisAnalysis: How TK Maxx’s ‘treasure hunt’ tactics drive success
After TJX reported standout results last week, retail analyst Michael Lieblich examines the factors behind the success of flagship brand TK Maxx
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NewsDebenhams streamlines top team and issues challenge on business rates
Debenhams director of stores, technology and supply chain Angela Morrison is to leave the department store group.
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NewsJohn Lewis’ new boss White may row back predecessor’s transformation plans
John Lewis’ new chair Dame Sharon White has hinted that she may defer from the transformation roadmap laid out by her predecessor Sir Charlie Mayfield.
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NewsLatest retail sales figures offer ‘glimmer of hope’
Retail sales increased in January as ‘pent-up consumer demand’ eased, the latest data shows.
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NewsClosure looms for Beales stores as no buyer emerges
The remainder of Beales department stores are likely to shut after the retailer’s administrator said it had received no “deliverable offers” for the business.
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NewsM&S set to close two distribution centres, 700 jobs at risk
Marks & Spencer is closing two distribution centres in the Midlands, putting nearly 700 jobs on the line.
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NewsCBD products could be removed from shelves within a year
Retailers stocking any products containing cannabis extract cannabidiol (CBD) face the prospect of having them taken off the shelves within a year if they don’t gain regulatory approval.
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GalleryStore gallery: The rise of fashion rental at Liberty and Selfridges
Luxury fashion rental platforms Hurr and My Wardrobe HQ both unveiled pop-ups in two of the most famous department stores in London.
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OpinionOpinion: Home truths from new John Lewis chair show scale of challenge
Dame Sharon White acquitted herself well at her first appearance before the John Lewis Partnership’s council last week.
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NewsSelfridges boss Simon Forster exits after a year
Selfridges boss Simon Forster has left the business after just over a year at the helm.
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AnalysisAnalysis: Is small the new big for department stores?
Alongside the news that Macy’s will be shutting 125 stores over the next three years as part of a cost-cutting initiative, the department store retailer also unveiled plans for a smaller-format store.
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NewsMarks & Spencer poaches former N Brown exec for finance role
Marks & Spencer’s hiring spree continues with the news it has appointed a finance chief for its food arm as it continues its turnaround efforts.
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NewsNew John Lewis chair braces staff for store closures and job losses
John Lewis Partnership’s new chair Dame Sharon White has warned staff the retailer may need to reduce its store estate and cut jobs in a bid to improve profitability.
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OpinionOpinion: Can strategy hires drive transformation at M&S and John Lewis?
In the course of two days, two of retail’s biggest and most challenged names appointed strategy directors as they seek to transform themselves and tap into tomorrow’s world.
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NewsAnimal rights group Peta buys stake in Frasers Group
The animal rights group Peta has bought a stake in Mike Ashley’s Frasers Group, allowing activists to attend the retailer’s annual investors meeting in September.
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NewsM&S names non-exec as strategy and transformation director
Marks & Spencer has appointed current non-executive director Katie Bickerstaffe as its new strategy and transformation director.
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NewsMacy’s to shut 125 stores and axe 2,000 jobs
Macy’s is to close 125 stores and axe thousands of head office roles over the next three years as part of a $1.5bn (£1.15bn) cost-cutting drive.
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NewsBanned director works on new department store chain
A businessman banned from being a company director is involved in a new department store business.
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NewsJohn Lewis loses another member of top team
John Lewis & Partners customer director Craig Inglis is stepping down in March after 12 years at the business.