All Department stores articles – Page 205
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NewsMarks & Spencer reports improved sales in first quarter
Marks & Spencer reported an improvement in UK sales in its first quarter, buoyed by its 125th anniversary campaign and the timing of Easter.
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NewsM&S shareholder backs Sir David Michels to replace Sir Stuart Rose
Marks & Spencer shareholder the Local Authority Pension Fund Forum (LAPFF) is backing Sir David Michels to replace Sir Stuart Rose as the retailer’s chairman.
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NewsBeales first-half profits slide as outlook remains uncertain
Department store operator Beales has revealed its pre-tax profits fell from £570,000 to £540,000 in the 26 weeks to May 2.
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NewsTepid fundraising does job for Debenhams
City analysts have labelled the subdued take-up of Debenhams’ shares as part of its £323m fundraising a “disappointment” but said the department store group is nevertheless stronger as a result.
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NewsDebenhams launches Blue Cross Sale
Debenhams has launched a Blue Cross Sale today in its latest move to cash-in on bargain hungry shoppers.
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NewsDebenhams open offer gets subdued response
The response from investors to Debenhams’ open offer to raise £323m has been subdued, after only 30.3 per cent of the total shares offered were taken up.
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NewsJohn Lewis beats strikes and floods to post weekly sales rise
Sales at John Lewis department stores rose 0.4 per cent in the week to June 13, bringing the sales decline for the year so far to 4.8 per cent.
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NewsHarvey Nichols to bolster stores appeal by adding fashion online
Luxury department store retailer Harvey Nichols is to sell a selection of its fashion offer online for winter.
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Neiman Marcus considers selling lower-priced goods
US Luxury department store chain Neiman Marcus will consider selling some lower-priced goods after sales plunged 24 per cent year on year in its third quarter.Although Neiman Marcus will not abandon higher-priced products, it said it would merchandise goods with a greater range of price points.Chief executive Burt Tansky told ...
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NewsArcandor teeters as talks to salvage business continue
The future of beleaguered German conglomerate Arcandor hangs in the balance after it began insolvency proceedings last week.
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NewsArcandor investor cuts stake in stricken German retail group
Arcandor shareholder German bank Sal Oppenheim has cut its stake in the German retail and tourism group and said it would decide whether to remain its second-largest shareholder only when the insolvent retailer revealed a restructuring plan.
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NewsHouse of Fraser trading update reassures over covenants
House of Fraser has issued a statement quashing rumours that it is close to breaching its banking covenants, a suggestion that has prompted feverish speculation that it is the subject of a takeover attempt by rival Debenhams.
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NewsHouse of Fraser to trial product videos
House of Fraser intends to begin trialling product videos on its website in the Autumn to measure the impact on sales.
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GalleryDebenhams at Bury St Edmunds looks striking but does it work?
The new Debenhams at Bury St Edmunds is a striking piece of contemporary architecture but, John Ryan asks, does it work as a store – and is its location right?
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AnalysisRob Templeman: the man behind Debenhams' share placing
Debenhams’ share placing last week is the result of years of work by deal-making chief Templeman to tighten the ship. Amy Shields reports
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NewsHouse of Fraser reintroduces IT director to aid service
House of Fraser has reintroduced the role of IT director as part of a drive to improve customer service.
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NewsPark Group profits soar
Christmas savings specialist Park Group has revealed robust full-year profits and said it is “holding firm” in a difficult climate.
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NewsArcandor files for bankruptcy protection
German retail group Arcandor has filed for bankruptcy protection after yesterday’s decision by the German government not to provide rescue funds. An administrator is expected to be appointed today.
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NewsProduct of the Year logo recognised by half of UK consumers
The Product of the Year logo has experienced a “dramatic” rise in awareness levels among UK consumers.