All Fenwick articles
Independent department store chain Fenwick was founded in Newcastle in 1882. It now has nine stores across the UK and is still owned by the Fenwick family. The department store offers a large range of goods and services, with a focus of luxury and designer items. It is also one of the only department stores in the UK to retain a food hall. However, its Bond Street store is scheduled to close in 2024.
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News
Greggs serves up ‘fine dining bistro’ in Fenwick flagship
Snacks specialist Greggs, famous for its sausage rolls and steak bakes, is to open a “fine dining bistro” in department store group Fenwick’s Newcastle flagship.
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Gallery
In pictures: The most eye-catching Christmas shop windows
Escapism and the feelgood factor feature strongly in this year’s store Christmas windows in a year that has been difficult for many people.
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News
Exclusive: Fenwick rules out lease on former House of Fraser store after talks fall through
Department store chain Fenwick has walked away after talks to take on the former House of Fraser store in Guildford, Surrey fell through.
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Analysis
Survey: Where shoppers will spend and save this Christmas
Retail Week delves into the mind of the 2023 Christmas shopper − where will they spend, where are they saving money and what categories are most at risk
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News
Exclusive: Plus-size brand dominates fastest-growing fashion retailers
Yours Clothing has ranked higher than fashion giants including Inditex, Primark and Next to be named the fastest-growing fashion retailer in the UK, Retail Week can reveal.
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Data
Ranking: The 30 fastest-growing fashion retailers revealed
It has been a tough few years for fashion, and retailers have been battling to lead on style, value and quality despite skyrocketing return rates, competition for customer loyalty and bold sustainability targets.
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News
Exclusive: Fenwick back in black after sale of Bond Street store
Department store group Fenwick has reported a return to profit, Retail Week can reveal.
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Analysis
New data shows Sosandar, Loaf and Beauty Pie smashed FY21 ecommerce growth
An additional ranking compiled by analysts in Retail Week’s latest report reveals the UK retailers that achieved the highest online sales growth for FY2021 – and features some surprising names
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Opinion
Peter Williams: ‘Fenwick move from Bond Street is sad but inevitable’
The news that the Fenwick store on Bond Street will be closing in 2024 marks yet another moment in the shrinking of the department store sector.
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News
Fenwick sells Bond Street store to fund return to profitable growth
Department store group Fenwick is to leave central London after selling its Bond Street branch to provide the fresh capital investment needed to restore profitable growth.
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Gallery
In pictures: Harrods, Fenwick, Selfridges and more unveil Christmas windows
Retailers have spared no expense in creating a line-up of some of the most opulent and light-laden festive window displays to ever grace UK high streets.
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News
Exclusive: Fenwick sales rise and losses slashed after weaning itself off ‘discounts drug’
Department store business Fenwick increased sales and cut losses last year as it turned pandemic challenges into opportunities by changing its business model.
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News
Fenwick unveils plans for £40m investment in Newcastle flagship
Fenwick has revealed plans for a £40m multi-year investment in its Newcastle flagship store as it celebrates its 140th anniversary.
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News
Fenwick losses widen amid ‘most difficult trading conditions in living memory’
Fenwick has suffered widening full-year losses after enforced store closures drove a slump in sales during the coronavirus pandemic.
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Retail Navigator Analysis
Fenwick (Overview)
Fenwick is a family-owned department store chain with eight branches spread around England. Its prestigious location in London’s New Bond Street was shuttered in early 2024 following its sale to Lazari Investments at the end of 2022 as the retailer came under intense financial pressure.
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Retail Navigator Analysis
Fenwick (Financials)
While still well below pre-pandemic levels, Fenwick sales continued to recover in the year to 28 January 2023 (FY2022). Net sales (excluding concessions) rose 31.5% to £264.7m, with gross sales up 31.2% at £315.3m, driven by the online business. Bolstered by asset disposals, the group swung back into the black at the operating and pre-tax levels after four years of losses.
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Retail Navigator Analysis
Fenwick (SWOT)
Fenwick’s 250,000 sq ft store in Newcastle upon Tyne has a particularly prime position at the heart of a vibrant regional retailing scene, while its state-of-the-art flagship in Bracknell has significantly heightened the retailer’s profile in the wider South East.
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Analysis
Five ways to turn your staff into customer champions
Retail Week’s Customer Champions report, produced in association with Critizr, outlines the crucial role of frontline staff in welcoming customers back to stores.
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Analysis
The Big Question: Will raising rates on warehouses really save the high street?
After chancellor Rishi Sunak delayed the findings of the Treasury’s business rates review until the autumn, we ask experts whether the proposal from Dixons Carphone boss Alex Baldock and Next chief executive Lord Wolfson to increase rates paid by warehouses is the way to revamp the system
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Analysis
Retailers wary of April 12 timeframe for store reopening
Retailers have voiced disappointment that they will not be able to fully open their doors again before April 12 and concerns about the possibility of the post-lockdown timeframe changing again.