All Department stores articles – Page 7
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News
Next beats expectations to post record profits as sales soar
Next has reported record profits ahead of expectations as sales soared in the full year ending January 31, 2024.
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News
Harvey Nichols cuts jobs to address cost pressures
Department store business Harvey Nichols is to axe roles at its head office as it seeks to position itself for success after a tough period.
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Gallery
Inside Liberty’s ‘first of its kind’ fragrance lounge
Luxury department store Liberty has opened doors to a “first-of-its-kind fragrance destination” in the heart of London.
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Analysis
New John Lewis boss Peter Ruis on first steps to restoring retailer’s mojo
Staff at John Lewis Partnership may once again have missed out on their beloved bonus – for the second year in a row – but at least the famous retailer is back in the black.
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News
Exclusive: Next Beauty CEO exits after nearly five years
Next Beauty’s chief executive Amanda Scott has stepped down from her role at the business, Retail Week can reveal.
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News
John Lewis scraps bonus again despite return to profit
John Lewis Partnership has returned to profit following a period of losses as it enters a year of “significant investment” to refresh its plan.
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News
Frasers Group puts Matches into administration
Frasers Group is putting online luxury fashion retailer Matchesfashion into administration after buying it less than three months ago.
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News
M&S co-chief Katie Bickerstaffe to leave after two years
Marks & Spencer joint chief executive Katie Bickerstaffe is set to leave the company to pursue a portfolio career.
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News
Exclusive: John Lewis to make record investment in staff pay
John Lewis Partnership is to invest £116m in higher staff pay, Retail Week can reveal.
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News
M&S claims victory in court battle over Marble Arch store
Marks & Spencer has claimed victory over its Marble Arch store plans after the High Court ruled Michael Gove’s decision to block the redevelopment was “unlawful”.
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News
Frasers strengthens board with four ‘high-calibre’ directors
Frasers has appointed four new executive directors to its board, reaffirming “the group’s confidence in its long-term growth and elevation strategy”.
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News
John Lewis Partnership drafts in former Tesco director to board
John Lewis Partnership has appointed a former Tesco and Dunnhumby director as a non-executive on its board.
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News
New John Lewis boss pledges to make business ‘even more special’
Peter Ruis, the new leader of John Lewis, has vowed to make the retailer special again as he embarks on a programme to rekindle shoppers’ love affair with the famous department store business.
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News
John Lewis to return to profit this year, chair Sharon White reveals
John Lewis Partnership chair Dame Sharon White has said that the retailer will return to profit this year.
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News
Marks & Spencer names new digital and international bosses
Marks & Spencer has appointed two executive directors to lead its digital and overseas operations.
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Gallery
In pictures: New York City’s finest flagship stores
While attending NRF 2024: Retail’s Big Show in New York, Retail Week took a walk down the city’s most famous shopping street to take the temperature of some of retail’s finest flagships
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News
John Lewis staff could face smaller pay rises
John Lewis staff have been informed they face the prospect of smaller pay rises under new proposals being considered to give the business more flexibility as its turnaround continues.
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Analysis
Peter Ruis: the John Lewis returnee charged with reviving the famous department stores
“I joined when it was a rejuvenation story. It worked very differently then. It had an amazing brand and an amazing heritage, but people used to criticise it for being dull and cold. It’s easy to forget that now.”
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News
Fortnum & Mason posts soaring Christmas sales as customer numbers grow
Fortnum & Mason posted a strong sales performance over Christmas as customer numbers soared. Its success is credited to investment in its Piccadilly flagship as well as its return to ecommerce trading in Europe last year.
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News
John Lewis drafts in new department stores boss
John Lewis Partnership has appointed former staffer Peter Ruis to run its eponymous department store business.