All Department stores articles – Page 188
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AnalysisGoing, going... gone
As Icelandic investors consider exiting high-profile retailers, George MacDonald asks whether the stores sector can look forward to a raft of deals in the year to come
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NewsJohn Lewis weekly sales dip
John Lewis has reported a slight dip in sales for the week ending January 29 and warned that the year ahead will be more “testing”.
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NewsHarrods rolls out UnionPay to pull in Chinese shoppers
Harrods, the iconic department store, is from today accepting domestic Chinese debit and credit card UnionPay in a signal of the growing importance of Chinese shoppers’ spending power to the luxury retail sector.
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OpinionBolland spreads M&S’s wings
M&S boss Marc Bolland started to make his presence felt with last week’s rejig of the general merchandise senior management structure. The rationale for the changes was to create the right framework for delivery of M&S’s business plan.
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NewsSusanne Given confirmed as John Lewis fashion chief
John Lewis has confirmed that Susanne Given will be buying director of fashion when she joins the department store chain.
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NewsSelfridges Group finalises de Bijenkorf deal
Selfridges Group, the group which owns iconic department store chain Selfridges, Irish department store Brown Thomas and Canadian department store business Holt Renfrew, has completed its acquisition of Dutch luxury department store chain de Bijenkorf.
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NewsFormer TK Maxx boss Susanne Given joins John Lewis
John Lewis has appointed Susanne Given, the former managing director of TK Maxx in the UK and Republic of Ireland, to a senior product or fashion role at the department store chain.
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NewsMarks & Spencer to open Champs-Elysees store this summer
Marks & Spencer is to open a store in Paris on the Champs-Elysees as early as this summer, it is understood.
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AnalysisSourcing from Bangladesh: Out of the comfort zone
It’s cheaper, but sourcing from Bangladesh brings with it a whole host of logistical challenges. Just how much of a supply opportunity is there in this corner of Asia? Charlotte Hardie reports
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NewsDouble-dip fears hit general retail stocks
Retail stocks were hit as the economy went into reverse, renewing fears of a double-dip recession, and Bank of England governor Mervyn King warned of plunging living standards.
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NewsBeales narrows losses by a third
Beales, the independent department store chain, has reduced its full year losses for the third year running.
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NewsLandsbanki to divest House of Fraser stake
Icelandic bank Landsbanki is set to sell its 35% stake in department store chain House of Fraser, according to reports.
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NewsHarrods breaks the £1bn sales barrier
Harrods has broken through the £1bn sales barrier after a sparkling Christmas.
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AnalysisTarget finds perfect stores for Canadian expansion
US retailer Target has announced its entry into Canada after acquiring leasehold interests in up to 220 Zellers sites from the Hudson’s Bay Company.
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NewsJohn Lewis to open in-store spas
Department store chain John Lewis is to launch in-store spas as part of its £250m investment programme this year.
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NewsMultichannel focus for Original Factory
Value department store The Original Factory Shop is to introduce click-and-collect and home delivery on product bought in its stores as it seeks to ramp up its multichannel operation.
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OpinionDon’t fall into the VAT trap
Get beyond the VAT rise and focus on the retail essentials to succeed, says Angela Spindler
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News
Falabella to invest £2.3bn to open 215 new stores and 16 new shopping centres
Department store and DIY retailer Falabella is accelerating its growth plans and now aims to invest $3.51bn (£2.3bn) between 2011 and 2015 to open 215 new stores and 16 new shopping centres.The retailer, which opened 27 new stores and three new shopping centres last year, previously expected to invest $2.57bn ...
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NewsSelfridges names new buying directors
Selfridges has promoted Sebastian Manes and David Walker-Smith to buying directors, splitting the buying director role vacated by Anne Pitcher when she was named managing director of the iconic department store chain last week.
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NewsThe Original Factory Shop Christmas like-for-likes up 5%
The Original Factory Shop has reported like-for-like sales up 5% over the Christmas period with sales of outdoor products strong in the snow.