Selfridges in search for buyer as billionaire owners launch auction
Selfridges’ billionaire owners, the Weston family, have launched a formal auction to sell the historic department store business.
It is understood that advisers at Credit...
Marks & Spencer partners with Founders Factory as exclusive UK retail investor.
Marks & Spencer (M&S) and Founders Factory have today launched Founders Factory Retail, a joint venture (JV) focused on investing and growing start-ups. M&S...
New Selfridges owners plan luxury hotel for Oxford Street site
Historic retailer Selfridges has been bought in a roughly £4 billion deal by a partnership of Thai and Austrian billionaires. Thai group Central and...
John Lewis further invests in its digital capabilities as customers shift to shopping online
commercetools today announced that the John Lewis Partnership, which owns and operates two of Britain’s best loved retail brands – John Lewis and Waitrose...
John Lewis launches savings accounts amid push away from retail
John Lewis will offer new savings accounts for customers amid a diversification push away from retail.
The high street institution’s Individual Savings Accounts for both...
Waitrose and John Lewis encourage nation to ‘Give A Little Love’ in Christmas campaign
Waitrose and John Lewis will today unveil this year’s Christmas advertising campaign, which - inspired by the kindness shown by the British public during the pandemic -...
The Department Store dilemma
Unfortunately for many department stores, the pandemic has been a final blow in the battle with online retail, spiralling real estate costs and difficulty...
Marks and Spencer buys stake in women’s fashion brand Nobody’s Child
Marks & Spencer has bought a 25% stake in womenswear brand Nobody’s Child.
The minority investment is the latest move by the retail stalwart to...
Harrods launches traditional Boxing Day Sale early
Harrods has launched its winter sale a full week before Christmas “in response to ongoing trading realities”, it has said.
The Knightsbridge-based department store is...
From 2007 to 2021 – A history of John Lewis Christmas ads
The annual John Lewis Christmas advert – now a highly anticipated staple of the festive season – this year stars space-traveller Skye and her...
