DEPARTMENT STORES
John Lewis sales down 1.4% last week
John Lewis sales up 3.9% last week
Sales at John Lewis rose by 3.9% year-on-year last week as trade was boosted by price matching a competitor's event on fashion and cooking and dining products.
HBC to cut 2,000 jobs as it restructures business
HBC, the owner of the Hudson's Bay, Saks Fifth Avenue and Lord & Taylor department store chains, has announced that it will cut around 2,000 jobs in North America as part of plans to restructure its business.
John Lewis sales up 2% last week
Sales at the John Lewis department store chain increased by 2% year-on-year last week as trade was boosted by customers updating the summer wardrobes.
John Lewis sales down 5.6% last week
The John Lewis department store chain saw its sales decline by 5.6% year-on-year last week.
Marks & Spencer full year profits down as clothing sales slide
Marks & Spencer has reported a drop in full year profit after clothing and homeware sales declined in its fourth quarter.
John Lewis sales up 1.1% last week
Sales at the John Lewis department store chain rose by 1.1% year-on-year last week as customers bought fashion items in anticipation of warmer weather.
Miranda Curtis to step down from Marks & Spencer board
Miranda Curtis is to step down from the board of Marks & Spencer at the end of her second three-year term on 1 February 2018. The news follows her recent appointment as lead non-executive director of The Foreign and Commonwealth Office.
John Lewis sales up 1.3% last week
Sales at John Lewis edged up 1.3% year-on-year last week although fashion sales were down after higher temperatures last year drove warm weather clothing sales in 2016.
House of Fraser names new chief executive
Department store chain House of Fraser has appointed Alex Williamson as its new chief executive.
Keeping you up-to-date with breaking retail news and insight in the department store sector including major retailers such as John Lewis, M&S, House of Fraser, Debenhams and more.
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