All Department stores articles – Page 129
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NewsWarm weather and Easter holidays propel sales at John Lewis and Waitrose
John Lewis said warm weather and its new store in York propelled sales growth of 13% last week.
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InterviewQ&A: Debenhams boss Michael Sharp on multichannel and reducing promotions
Debenhams this week revealed it is revising its promotional strategy as first-half profits plunged owing to excessive discounting. Retail Week speaks to boss Michael Sharp.
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Analysis
Analysis: BRC-KPMG March Retail Sales Monitor, sector by sector
UK retail sales fell 1.7% on a like-for-like basis in March, as the later timing of Easter distorted figures, according to BRC-KPMG.
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AnalysisDebenhams half-year figures: What the analysts say
A flurry of promotions hit Debenhams’ half year results, with the department store group reporting a 24.5% fall in pre tax profit. Retail Week rounds up what the analysts are saying.
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NewsHouse of Fraser full year EBITDA rises as online and own brand thrive
Department store House of Fraser’s full year adjusted EBITDA rose 8.3% to £60.2m driven by own brand and online.
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NewsDebenhams revises promotional strategy as profits tumble
Debenhams is revising its promotional strategy as first-half profits plunged owing to excessive discounting and weakness in its multichannel offer.
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OpinionComment: House of Fraser's acquisition could help it thrive both at home and overseas
House of Fraser will undoubtedly be thrilled at finally tying up the deal with Sanpower which hands it a prime opportunity to conquer China.
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AnalysisAnalysis: Who is House of Fraser's new owner Sanpower?
Chinese Sanpower has acquired an 89% stake in House of Fraser, valuing it at £480m. Retail-Week.com takes a look at the story behind Sanpower.
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OpinionComment: Marks & Spencer should continue to show transparency in its updates
Under-pressure Marks & Spencer chief executive Marc Bolland offered a glimmer of hope in last week’s trading update. In what was a break from tradition, the retailer split out its clothing sales from the wider general merchandise performance.
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NewsJohn Lewis names mentors for its tech start-up incubator
John Lewis has named entrepreneur Luke Johnson and Confused.com founder Sara Murray among its panel of mentors.
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NewsHouse of Fraser confirms £480m acquisition by China's Sanpower Group
House of Fraser has confirmed it has been acquired by Chinese conglomerate Sanpower Group in a deal valuing it at £480m.
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NewsInfographic: Special aisles for mums and personal 'style butlers'
Retailers could create special aisles for mums and interactive digital displays for men as they react to changing shopping habits.
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NewsBreakfast briefing: Retail news on Cath Kidston, Morrisons, House of Fraser, Tesco and more
Retail news round-up on April 14, 2014: Uniqlo owner Fast Retailing eyes bid for Cath Kidston, Morrisons chairman faces investor pressure to step down, House of Fraser could open up to 50 stores in China and more
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NewsInfographic: John Lewis sales up as shoppers prepare for Easter
John Lewis and Waitrose sales jumped last week as shoppers started preparing for the Easter bank holiday weekend.
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AnalysisIn pictures: John Lewis opens first store in York
John Lewis has opened its first store in York today with a 92,000 sq ft ‘flexible format’ shop which features a Hotel Chocolat Cocoa Bean café.
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NewsBreakfast briefing: Retail news on The Co-operative Group, Marks & Spencer and Ocado
Retail news round-up on April 10, 2014: Lord Myners resigns from Co-op board, M&S reaffirms its commitment to China and Ocado to shun partnerships for the next two years.
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NewsBreakfast briefing: Retail news on Sports Direct, Ireland and John Lewis
Retail news round-up on April 8, 2014: Mike Ashley sells £200m stake in Sports Direct, Consumer sentiment in Ireland plunges, and John Lewis head of buying quits
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NewsMike Ashley sells part of his stake in Sports Direct for £200m
Billionaire tycoon Mike Ashley has sold part of his Sports Direct stake for £218m.
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NewsMike Ashley and Sir Tom Hunter face legal row over House of Fraser stake sale
Sports Direct owner Mike Ashley faces a legal row over the House of Fraser stake he acquired from Sir Tom Hunter.
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NewsBreakfast briefing: Retail news on House of Fraser, Co-op, Made.com and supermarkets
Retail news round-up on April 7, 2014: Sir Tom Hunter offloads 11% stake in House of Fraser to Mike Ashley, The Co-op breaks into mobile phone market, Made.com mulls stock market listing and supermarkets told to move away from ‘buy-one-get-one-free’ offers