Department Stores – what does the future hold?
The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning...
Selfridges is set to be sold to Thailand’s Central Group
Department store Selfridges is set to be sold to Thailand’s Central Group, according to reports.
The Weston family have been searching for a buyer and...
John Lewis reveals the best-selling products of the past year
The digital revolution has finally caught up with John Lewis shoppers as the department store revealed it has stopped selling filing cabinets.
Bosses also revealed...
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,...
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...