All Department stores articles – Page 22
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NewsHarrods launches Sale ahead of Christmas as Omicron fears mount
Harrods is starting its famous winter Sale early as rocketing Covid case numbers and associated restrictions hit footfall in central London.
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AnalysisAnalysis: The four ways Frasers has turbocharged growth during the pandemic
In its latest set of interim results, both Frasers’ profits and sales outshine those recorded in the pre-pandemic era. Retail Week examines how Frasers has prospered in a difficult trading period.
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NewsFrasers profits soar but group warns of Covid and supply chain headwinds
Frasers Group has reported strong revenue rises across its portfolio, but remains “cautious” of the impacts of macroeconomic factors such as a potential lockdown over Christmas.
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AnalysisAnalysis: What the Central Group deal means for Selfridges
Following months of speculation, it was revealed that Thailand’s Central Group has agreed on terms to snap up famous department store business Selfridges.
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NewsSelfridges set to be sold to Thailand’s Central Group
Selfridges owners the Weston family have reportedly agreed to sell the department store chain to Thailand’s Central Group, with hopes for the deal to be completed by the end of this year.
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OpinionKatie Bickerstaffe: 'This year, back-to-the-floor means packing online orders for M&S HQ staff'
Over the past 18 months, we have seen five to seven years’ worth of change in this industry, so we’ve had to change, to be bolder, braver, and more committed to reshaping M&S.
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NewsM&S wins approval for Oxford Street store redevelopment
Marks & Spencer’s plans to rebuild its Oxford Street flagship have received the green light from Westminster City Council.
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NewsJohn Lewis and Nike enter the metaverse with immersive online experiences
John Lewis has teamed up with ITV to create an immersive digital experience on multiplayer game Fortnite, while Nike has unveiled a virtual world called Nikeland on gaming platform Roblox.
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Opinion‘Never mind the closures – openings show West End is poised for bounceback’
When the switch was flicked on London’s West End Christmas lights a couple of weeks ago, it symbolised not just the start of peak trading but brighter prospects for the shopping district.
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NewsJohn Lewis launches £1m sustainable innovation fund
The John Lewis Partnership has created a £1m fund inviting academics, charities and start-ups to pitch sustainable ideas.
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NewsHouse of Fraser fury over Oxford Street closure
House of Fraser owner Frasers Group has reacted angrily after its flagship Oxford Street store was served notice to quit the premises.
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Opinion‘Retailers are encouraging Christmas shoppers back in store with excitement and theatre’
Currys, Kingfisher and Primark are just three of the retailers demonstrating the importance of the store to boosting customer engagement this golden quarter, writes Fran Minogue.
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NewsHouse of Fraser flagship on Oxford Street to be converted to offices
The famous House of Fraser store on London’s Oxford Street is to become an office-led, mixed-use premises.
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GalleryIn pictures: Selfridges, Fortnum & Mason, L’Occitane and more unveil festive windows
Selfridges, Fortnum & Mason and L’Occitane have unveiled their Christmas windows, but what other stores have joined in?
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Opinion‘M&S – how Norman and Rowe are turning a great institution into a great business’
The leadership of Marks & Spencer will not rest on pleasing short-term profits but they are proof that their strategy is working, writes George MacDonald
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NewsHarrods swings to a loss as pandemic and Brexit take heavy sales toll
Harrods has swung to a loss after store closures during the pandemic and the impact of Brexit slashed sales in half.
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NewsJohn Lewis Partnership inks £420m financing deal tied to sustainability targets
John Lewis Partnership has agreed to a new, five-year revolving credit facility in which the interest rate is linked to environmental ambitions.
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NewsFortnum & Mason CTO reveals progress of retailer’s digital transformation journey
Jon Weg has said the department store business wants to empower colleagues to “provide an even more exceptional level of service” supported by tech and data.
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OpinionStuart Machin: ‘We believe in stores – they are a true source of competitive advantage’
Building a store estate that is fit for the future is central to our far-reaching transformation programme.
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NewsJohn Lewis online sales soar as home renovations and skincare products fly
Despite the easing of restrictions over the course of the year, the pandemic’s lasting impact was reflected in consumers’ choices with sales of home office and exercise equipment, as well as garden furniture, soaring.