By John Beaumont, Grace Bowden, Becky Waller-Davies, Luke Tugby2018-10-25T08:55:00+01:00
This week, the team discuss Debenhams’ financial situation as the department store business announced its biggest ever statutory loss.
Mike Ashley has written to the board of Debenhams, urging them to accept funds from Sports Direct or risk not surviving.
Debenhams managing director of retail, digital, food and events is leaving the business next year.
Debenhams has posted its biggest statutory loss on record and revealed plans to close 50 stores. Here are the City’s divided reactions to the results.
It has been another 12 months of change in the retail sector. The Retail Week team looks back on 2019 and selects some of the landmark moments and trends that characterised the year and will likely shape the industry in 2020 and beyond.
Black Friday beat expectations as sales and footfall surged. PwC head of consumer markets Lisa Hooker joins Retail Week executive editor George MacDonald to discuss the promotional extravaganza, how the final weeks of peak will play out and what’s in store for retail in the new year.
As Sports Direct unveils plans for a group rebrand to Frasers, retail adviser Richard Hyman and Retail Week head of content Grace Bowden discuss whether a new name will have any impact on how the business is perceived by brands or shoppers.
Site powered by Webvision Cloud