All Department stores articles – Page 168
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AnalysisDiamond Jubilee: How retail has changed over 60 years
As the nation hangs out the bunting and prepares for street parties to celebrate the Queen’s Diamond Jubilee, Rebecca Thomson looks at the transformation of retail during her reign.
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News
Macy’s acquires minority stake in online retailer VIPStore
US department store group Macy’s has acquired a $15m (£9.5m) minority stake in Chinese online retailer VIPStore. Macy’s will sell its merchandise to Chinese consumers through a dedicated section on the website. The initiative will allow Macy’s to “test the waters a little bit and learn”, said chief financial officer ...
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News
Sears Canada to open new store model
Department store group Sears Canada is opening its new store model at four locations as it attempts to offer a revitalised in-store experience. The renovated stores opened last week and feature wider aisles, new brands and less clutter. The KidsRoom, BabyRoom and women’s and men’s suit shops have all been ...
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GalleryStore of the week: Your Beauty, M&S, Kensington High Street
Marks & Spencer launched its ‘Your Beauty: The Best of Science and Nature’ department in its Kensington High Street store last week.
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NewsCharlie Mayfield: We need to focus on capability
Retailers need to equip their staff with the right skills enabling them to tackle the uncertain future, John Lewis chief executive Charlie Mayfield believes.
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NewsJohn Lewis posts sales uplift
John Lewis recorded a “solid” week last week with sales up 11.6%.
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News
JC Penney records drop in sales
Department store operator JC Penney recorded a larger-than-expected drop in sales for the first quarter.The retailer, which aims to establish itself as an affordable fashion-orientated business by moving away from promotions and couponing to low prices on most items, also surprised investors by ending its dividend to help fund a ...
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OpinionM&S is keeping pace, but it’s time to start setting it
There was a workmanlike feel to Marks & Spencer’s results this week.
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NewsM&S latest retailer to slow down store expansion
Marks & Spencer has become the latest retailer to switch the lights to amber on UK store expansion plans as punishing trading conditions persist and multichannel retail grows.
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AnalysisIn the news: Stefano Pessina, executive chairman, Alliance Boots profiled
As Alliance Boots defies the difficult economic climate, its executive chairman shrugs off criticism of its tax affairs.
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AnalysisRetail theft: Who is targeting you?
Retail criminals can range from teenage shoplifters to sophisticated in-house fraudsters. Sarah Butler explores how retailers can protect themselves.
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NewsHoF drives online investment as ecommerce sales grow
House of Fraser is “investing heavily” in online operations and has switched one of its distribution centres to online-only fulfilment as multichannel grows.
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NewsHouse of Fraser EBITDA drops as it invests in stores and fulfilment
House of Fraser adjusted EBITDA dropped 16% to £58.6m as it invested in a second distribution centre.
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NewsDebenhams chief executive Michael Sharp snaps up shares
Debenhams chief executive Michael Sharp has increased his share in Debenhams after buying £74,000 of shares yesterday.
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NewsDebenhams kickstarts summer discounting frenzy
Debenhams is set to kick off what is expected to be a frenzy of discounting across the high street with the launch of its ‘Summer Spectacular’ tomorrow.
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GalleryHarrods celebrates Queen’s Diamond Jubilee
Harrods department store is celebrating the Queen’s Diamond Jubilee with store-long display of regal headpieces.
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NewsJohn Lewis enjoys strong bank holiday sales
John Lewis enjoyed a strong bank holiday last week, recording a 16.6% uplift in sales.
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News
First quarter sales increase at Macy's
Department store group Macy’s sales rose 4.3% to $6.1bn (£3.8m) in the first quarter of 2012 when like-for-likes were up 4.4%. Online sales – Macys.com and Bloomingdales.com combined – climbed 33.7%. Online sales are included in the like-for-like sales calculation and lifted the retailer’s like-for-likes by 1.5 percentage points. Macy’s ...
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NewsVictoria’s Secret races to open London shops for the Olympics
First UK stores to open days before the Games as the retailer aims to capitalise on tourism boom.
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NewsOak Furniture Land to increase store numbers
Oak Furniture Land is to more than double store numbers over the next 18 months after strong growth in the past year.