All Department stores articles – Page 190
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NewsHouse of Fraser enjoys record Christmas
House of Fraser has posted a record Christmas with like-for-like sales increasing 8.5% in the five weeks to January 8, despite last month’s snow.
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NewsDebenhams like-for-likes slow, market share up
Debenhams has revealed that like-for-like sales at the department store chain were impacted by the snow in December but added that it had notched up market share gains across the board.
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Opinion
Under the weather
The snow, swine flu, and subdued consumer sentiment conspired to keep shoppers away from stores in December.
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NewsStore chiefs warn interest rate hike would rock retail
Keeping interest rates low is vital for the retail industry this year, says Next boss
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AnalysisRose: the legacy
After almost seven years, Sir Stuart Rose has finally cut his links to Marks & Spencer. How big an impact did he have on the retailer, asks George MacDonald
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NewsJohn Lewis Partnership to invest £500m this year
John Lewis Partnership is to invest a record £500m in 2011 and indicated that the John Lewis chain will be ready to expand overseas by the year’s end.
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News
Sears to launch movie download service
Department store group Sears has unveiled plans to launch a movie download service at its eponymous and Kmart stores. The service, called Alphaline Entertainment, would be available to users on a variety of devices, including mobile, and will offer customers the ability to download movies and TV shows the same ...
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News
Christmas sales increases for retailers in India
Retailers have reported strong increases in sales over the Christmas weekend, as rising confidence levels in a fast-recovering economy encouraged shoppers to spend more. Future Group’s department store Pantaloons reported a 30% increase in sales over last year and a 20% rise in footfall. Top selling items included partywear, formalwear, ...
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News
J Front Retailing revenue falls 3.1% to £5.4bn
Revenues at department store group J Front Retailing fell by 3.1% to ¥687.8bn (£5.4bn) in the nine months ending November 30, 2010. Operating profit increased by 3.5% to ¥9.3bn (£73.2m) while net profit doubled to ¥4.8bn (£37.8m).
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NewsArnotts reverses sales and EBITDA declines
Troubled Dublin department store Arnotts said that it expected sales to have bounced back in 2010 after a dramatic fall off in turnover the previous year.
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NewsShop Direct to launch new brand targeting mature market
Online giant Shop Direct Group is launching an online department store on Saturday aimed at style-conscious mature customers.
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NewsJohn Lewis reports "outstanding" Christmas and Clearance Sales
John Lewis has reported like-for-like sales up 7.6% over Christmas in the five weeks to January 1.
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NewsHarvey Nichols reports record Sale
Harvey Nichols, the luxury department store business, said that its post-Christmas Sale had broken records despite tube strikes in the capital, reduced trading hours on Boxing Day and problems with transportation due to the snow.
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NewsJohn Lewis beats snow to post sales leap
Despite taking a sales hit of almost £5m on Saturday, department store chain John Lewis managed to achieve turnover of more than £120m for the second week running and for only the second time in its history.
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NewsHouse of Fraser creates emporium of brands in Frasers
House of Fraser has invested more than £10m in Frasers, its shop in Glasgow, to create an emporium of luxury beauty and accessories brands.
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NewsChristmas on ice
High street could benefit at the expense of out-of-town shops if the bad weather continues
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NewsMid-week sales up 12% at John Lewis
John Lewis has reported that sales rose 12% between Sunday to Wednesday this week, when there was a strong performance from stores and online.
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NewsVIDEO: Harvey Nichols spoof Christmas viral campaign
Luxury department store Harvey Nichols has aired a tongue-in-cheek Christmas viral video sending up the fashionistas who use their dogs as the ultimate fashion accessory.
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NewsJohn Lewis records best ever week as snow thaws
John Lewis has reported its best ever weekly sales performance as customers returned to the high street after the heavy snow.
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NewsDebenhams and Tesco top JP Morgan’s 2011 picks
Department store group Debenhams and leading grocer Tesco feature on broker JP Morgan Cazenove’s list of top stock picks for 2011, while fashion giant Next and supermarket group Sainsbury’s should be avoided.