All Department stores articles – Page 36
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NewsJohn Lewis launches first spring TV advertising campaign
John Lewis has launched its first-ever TV advertising campaign outside of Christmas and clearance, in a bid to push sales of its spring and summer collections.
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OpinionOpinion: John Lewis results show stores urgently need new purpose
There was a striking line in the John Lewis Partnership’s results that threw into relief a question that taxes many retailers, not just the group’s new chair Dame Sharon White – what role does the store play as online continues to transform the industry?
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AnalysisData: John Lewis results and what they mean for strategy
John Lewis Partnership is embarking on a strategic review under new chair Dame Sharon White after reporting “weaker profit than hoped for”. What does that mean for the department stores business and what can be expected over the next few years?
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NewsJohn Lewis pays lowest bonus since 1953 as profits slump
John Lewis Partnership will pay staff its lowest bonus for more than 60 years after suffering a drop in full-year profits and a write-down in the value of its property.
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NewsDebenhams rejects claims that lender commitment is in doubt
Debenhams has slammed down suggestions that the commitment of its lenders to a debt for equity swap is in question and that debt restructuring was reliant upon more deep rent reductions.
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NewsNew John Lewis boss White to launch strategic review
The new chair of the John Lewis Partnership, Dame Sharon White, plans to initiate a strategic review of the department stores and grocery giant.
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AnalysisAnalysis: How TK Maxx’s ‘treasure hunt’ tactics drive success
After TJX reported standout results last week, retail analyst Michael Lieblich examines the factors behind the success of flagship brand TK Maxx
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NewsDebenhams streamlines top team and issues challenge on business rates
Debenhams director of stores, technology and supply chain Angela Morrison is to leave the department store group.
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NewsJohn Lewis’ new boss White may row back predecessor’s transformation plans
John Lewis’ new chair Dame Sharon White has hinted that she may defer from the transformation roadmap laid out by her predecessor Sir Charlie Mayfield.
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NewsLatest retail sales figures offer ‘glimmer of hope’
Retail sales increased in January as ‘pent-up consumer demand’ eased, the latest data shows.
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NewsClosure looms for Beales stores as no buyer emerges
The remainder of Beales department stores are likely to shut after the retailer’s administrator said it had received no “deliverable offers” for the business.
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NewsM&S set to close two distribution centres, 700 jobs at risk
Marks & Spencer is closing two distribution centres in the Midlands, putting nearly 700 jobs on the line.
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NewsCBD products could be removed from shelves within a year
Retailers stocking any products containing cannabis extract cannabidiol (CBD) face the prospect of having them taken off the shelves within a year if they don’t gain regulatory approval.
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GalleryStore gallery: The rise of fashion rental at Liberty and Selfridges
Luxury fashion rental platforms Hurr and My Wardrobe HQ both unveiled pop-ups in two of the most famous department stores in London.
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OpinionOpinion: Home truths from new John Lewis chair show scale of challenge
Dame Sharon White acquitted herself well at her first appearance before the John Lewis Partnership’s council last week.
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NewsSelfridges boss Simon Forster exits after a year
Selfridges boss Simon Forster has left the business after just over a year at the helm.
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AnalysisAnalysis: Is small the new big for department stores?
Alongside the news that Macy’s will be shutting 125 stores over the next three years as part of a cost-cutting initiative, the department store retailer also unveiled plans for a smaller-format store.
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NewsMarks & Spencer poaches former N Brown exec for finance role
Marks & Spencer’s hiring spree continues with the news it has appointed a finance chief for its food arm as it continues its turnaround efforts.
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NewsNew John Lewis chair braces staff for store closures and job losses
John Lewis Partnership’s new chair Dame Sharon White has warned staff the retailer may need to reduce its store estate and cut jobs in a bid to improve profitability.
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OpinionOpinion: Can strategy hires drive transformation at M&S and John Lewis?
In the course of two days, two of retail’s biggest and most challenged names appointed strategy directors as they seek to transform themselves and tap into tomorrow’s world.