Marks and Spencer says turnaround plan working as it upgrades profit targets
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
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
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
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
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
Frasers Group has confirmed that it is planning a leadership reshuffle that would see founder Mike Ashley step away from his role as the...
John Lewis hands £5k pay raise to lorry drivers amid national shortage
The John Lewis Partnership has said it will raise its lorry driver salaries by £5,000 as the industry continues to face damaging worker shortages.
The...
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...
John Lewis and Waitrose to axe around 1,000 store workers
The John Lewis Partnership (JLP) has told staff that it is proposing around 1,000 redundancies across its department stores and Waitrose supermarkets.
The company said...