All Department stores articles – Page 192
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NewsJohn Lewis sales rise 1.4%
John Lewis department store sales were up 1.4% last week, though sales dropped off on Saturday as would-be shoppers chose to enjoy the sunshine.
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OpinionTwo all-time retail greats
At the Oracle Retail Week Awards 2011, we recognised the careers of Sir Terry Leahy and Sir Stuart Rose, and this special coverage is dedicated to celebrating their remarkable achievements in this industry.
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NewsDebenhams first half profit to be ahead of last year
Department store group Debenhams said it expects pretax profit for its first half to be ahead of last year and in line with management expectations but it remains cautious on the outlook.
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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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NewsBrokers believe the ‘worst is over’ for M&S share price
Brokers spotted opportunity in Marks & Spencer, despite evidence that clothing and general merchandise retailers continue to suffer tough trading.
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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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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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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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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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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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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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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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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.