All Department stores articles – Page 47
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News
Ashley vows to keep 80% of HoF stores open
New House of Fraser owner Mike Ashley has pledged to keep 80% of the department store chain’s shops open.
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Cartoon
Retail cartoon: Mike Ashley's transfer window spending
Patrick Blower’s take on Mike Ashley spending big on House of Fraser, if not on new players at Newcastle United.
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Opinion
Opinion: What Ashley needs to do with House of Fraser
There is an almost pointless anonymity about House of Fraser stores currently. That is the challenge Mike Ashley must address.
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News
BHS auditor PwC slammed in damning watchdog report
Financial accounts of failed department store chain BHS contained “incomplete, inaccurate and misleading” statements following failings by auditor PwC, a new report has ruled.
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Analysis
Analysis: What Sports Direct's swoop spells for HoF
Sports Direct tycoon Mike Ashley realised his dream of owning a department store business with an audacious £90m pounce on House of Fraser. Retail Week considers the implications.
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Analysis
Ashley vs Day: The tycoons who clashed over HoF
Philip Day and Mike Ashley came head-to-head in the battle to save House of Fraser, with the latter eventually triumphing after a £90m swoop.
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Video
The Retail Week: How HoF fits into Ashley's masterplan
Mike Ashley has snapped up House of Fraser hours after it entered administration. So where does the business fit into his strategy?
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News
House of Fraser calls in administrators as rescue talks fail
House of Fraser has tumbled into administration after last ditch talks to save the business collapsed.
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News
M&S partners with True to ramp up tech focus
Marks & Spencer has partnered with retail and consumer tech investment firm True to enhance its digital innovation capabilities.
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News
House of Fraser strikes deal with landlords over CVA
A legal battle between House of Fraser and landlords opposed to its controversial CVA has been settled out of court.
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Video
The Retail Week: Is House of Fraser worth saving?
As House of Fraser teeters on the brink, the team discuss whether the department store business deserves to retain its place on the high street.
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News
Updated: HoF in rescue talks with Alteri, Philip Day
House of Fraser has held talks with rescue fund Alteri in its search for a new owner.
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Indicator
Department stores ranking 2018
The department store sector relies heavily on footfall. But with online becoming an integral part of retail, and pureplay competition rife, investing in the right digital capabilities is vital for success. The rank demonstrates where they are focusing their attention, whether that’s engaging digital marketing, or offering a connected experience across online and offline.
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News
House of Fraser on the brink as rescue deal collapses
House of Fraser’s future has been plunged into doubt after potential new owner C.Banner pulled out of a takeover deal.
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News
Debenhams credit rating downgraded by Moody’s
Debenhams has had its credit rating downgraded by Moody’s in the latest blow to the beleaguered department store chain.
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News
House of Fraser in ‘default’ on loans, Moody’s says
House of Fraser has been judged to be in technical default on its loans as the embattled business fights to stave off financial ruin.
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Opinion
Opinion: M&S chief Rowe is right to bet big on data
Marks & Spencer chief executive Steve Rowe has acted swiftly as he seeks to pivot the retailer to a digital-first business.
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News
HoF £70m cash injection delayed by legal action
House of Fraser’s slated £70m investment from C.banner has been delayed due to the legal challenge brought against the retailer by landlords following its CVA.
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Analysis
Hammerson's new strategy and the future of shopping centres
Hammerson is jettisoning its retail parks as part of a radical new strategy based on market trends it believes will shape shopping.
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Analysis
Analysis: How to fix the broken property model
With both landlords and retailers seemingly unhappy, what can be done to make the UK’s property model fit for purpose? Mark Faithfull reports.