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Department Stores

The latest department store news

John Lewis Partnership narrows losses despite £54m hit from redundancies

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The John Lewis Partnership (JLP) has narrowed its losses despite taking a £54 million hit from redundancies. The retail giant unveiled a £29 million pre-tax...

Department Stores – what does the future hold?

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The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning...

John Lewis to recruit 7,000 temporary workers for Christmas period

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The John Lewis Partnership has revealed plans to recruit more than 7,000 temporary roles across the country this Christmas. Bosses at the employee-owned business behind...

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Amazon plans to open several large physical retail locations in the US that will operate like department stores, according to a report in the...

Marks and Spencer says turnaround plan working as it upgrades profit targets

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Marks & Spencer has said its turnaround plan is working as the retailer upgraded its profit targets after strong food and clothing sales. Shares soared...

John Lewis launches savings accounts amid push away from retail

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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...

Marks and Spencer adds six new brands to its ominchannel offer

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Today M&S is announcing the addition of six new clothing & footwear brands to M&S.com over the coming weeks including Albaray, Celtic & Co,...

John Lewis signs deal with Tesco for warehouse space in online sales push

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The John Lewis Partnership has signed a deal with Tesco to lease a million square foot distribution centre to meet demand for online orders,...

Harvey Nichols announce luxury resale service

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Harvey Nichols has announced the launch of an innovative new luxury resale service in partnership with Reflaunt. Reflaunt’s mission is to build a world of...

Mike Ashley confirms plan to step down as boss of Sports Direct’s parent company

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Frasers Group has confirmed that it is planning a leadership reshuffle that would see founder Mike Ashley step away from his role as the...

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