All Department stores articles – Page 187
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NewsControversial asset-based refinancing tops up TJ Hughes
Value department store group TJ Hughes has refinanced using an asset-based facility rather than conventional borrowing.
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NewsEx-Sainsbury’s head of clothing joins M&S
Former Sainsbury’s head of clothing Sara Bradley is to join Marks & Spencer as head of buying for M&S Brands within the womenswear team.
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InterviewInterview: Andy Street
On the day the John Lewis Partnership revealed a 20% increase in profits, Retail Week editor Tim Danaher talks to John Lewis managing director Andy Street about the reasons for the Partnership’s success, and this year’s challenging trading climate.
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NewsJohn Lewis Partnership profits up 20%
The John Lewis Partnership has reported profit before partnership bonus and tax up 20% to £367.9m, with staff receiving a bonus of 18% of salary.
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NewsJohn Lewis to raise £50m through retail bond
John Lewis Partnership, owner of the eponymous department store chain and grocer Waitrose, is to raise £50m through a retail bond.
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GalleryFrasers: Northern star
Frasers, the Glaswegian House of Fraser flagship, has come to the end of revamping its ground floor. As John Ryan discovers, the results have been spectacular
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OpinionM&S machine cranks into gear
Marks & Spencer’s appointment of Inditex’s Russian boss Jan Heere as international director, and the poaching of Laura Wade-Gery from Tesco as ecommerce supremo, should benefit the retailer in subtle as well as obvious ways.
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NewsJohn Lewis' Simon Fowler takes over Oxford Street
John Lewis lifer Simon Fowler is to take over the running of the department store chain’s flagship Oxford Street branch this weekend.
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AnalysisA drive for customer service
Delivery drivers are as much a face of a retailer as shopfloor staff, says Rebecca Thomson
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AnalysisChanging time at Peter Jones
Chelsea retail dowager Peter Jones is an example of how John Lewis is shifting its visual merchandising direction. John Ryan visits and talks to Robb Bloomer, manager, retail design.
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NewsRestructure at House of Fraser claims brand director Chambers
House of Fraser brand director Matt Chambers has been made redundant as part of a restructure of the department store’s support functions.
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News
JC Penney to close underperforming stores
Mid-market department store retailer JC Penney has outlined plans to close underperforming stores, wind down its catalogue and outlet operations and consolidate its call centres.At the same time, the retailer announced that investor William Ackman will sit on the chain’s board. Ackman’s Pershing Square Capital Management along with Vornado have ...
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NewsJohn Lewis chief warns against interest rate rises
John Lewis managing director Andy Street has warned that a rise in interest rates would negatively impact consumer confidence.
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NewsJohn Lewis to open store in Birmingham
John Lewis is to open a department store in Birmingham restarting its store expansion strategy after developers jettisoned plans during the recession.
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NewsJohn Lewis to open website to Europe
John Lewis is to open up its website for international orders to 25 European countries, enabling it to gather data on which cities could support physical department stores.
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NewsJohn Lewis reports 'pleasing' start to new financial year
Sales at department store chain John Lewis rose last week as its new financial year kicked off.
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OpinionWade-Gery points the way to future of M&S
Today’s multichannel leaders are tomorrow’s retail leaders.
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AnalysisMary Portas: Queen of shops or enemy of retailers?
Mary Portas’ new series, Secret Shopper, has incurred the wrath of retailers. But the ‘queen of shops’ remains defiant.
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NewsWade-Gery hiring ‘shows M&S is thinking ahead’
High-profile appointment being interpreted as succession planning by chief executive Marc Bolland
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NewsJohn Lewis denies change to price matching policy
John Lewis has denied claims that it has altered the terms and conditions of its Never Knowingly Undersold price matching policy after rewording its pledge.