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Articles about department stores
Selfridges reveals 28% boost in men's underwear sales Friday, 5th April 2013
The Selfridges flagship on London’s Oxford Street has revealed that sales of men’s ‘bodywear’ – underwear, sleepwear and socks – has proved to be a recession-busting item, much like lipstick has been for women for decades.
Posted in Department Stores, Lingerie Tagged Selfridges, department stores, menswear, underwear
J.C. Penney abandons "every day low price" strategy after 25 per cent sales drop Wednesday, 27th March 2013
Reuters has reported that J.C. Penney has made the decision to raise the price of products in its stores, so that it can return to its old marketing strategies of offering discounts through sales, promotions and coupons. Financial news publisher Reuters reported that it had received an email from Daphne Avila, a spokeswoman for the company.
Posted in Department Stores, fashion, Fashion News, Retail Industry Tagged retail, news, j c penney, fashion, department stores, sales, discounts, marketing
M&S shares rocket as bid rumours surface Friday, 15th March 2013
Rumours of an £8 billion or £5 per share cash bid from a private equity source boosted Marks & Spencer’s share price from 12.6p to 371.6p.
Posted in Deals and Takeovers, Department Stores, Food Tagged Marks & Spencer, Food, Department Stores, KKR, Apax PArtners, CVC Capital, Deals & Rumours
M&S hires fashion expert Hilary Alexander Thursday, 14th March 2013
M&S has appointed Hilary Alexander as the new Per Una fashion consultant.
Posted in Department Stores, fashion, People Tagged marks & spencer, m&s, Hilary Alexander, Per Una, Fashion, Fashion news, department stores, people, hr news
John Lewis criticised over supplier rebate Tuesday, 12th March 2013
Leading department store chain John Lewis has been criticised after announcing that its suppliers will be subject to a rebate, with the amount being dependent on the rate of the sales increase of each supplier. The Telegraph reported that John Lewis issued a letter to its suppliers stating that, effective from the beginning of last month, the scheme will impose a reduction on each supplier’s annual invoice, with the total linked to their rate of sales growth.
Posted in Department Stores, Retail Industry Tagged retail, news, john lewis, department stores, suppliers, forum of private business
Harrods to launch month-long Dior showcase Tuesday, 12th March 2013
Harrods has joined forces with Dior as part of a four-week store takeover which commences this Saturday.
Posted in Department Stores, Fashion News, Food Tagged Harrods, Dior, Fashion, Fashion News, Department Stores, Marigay McKee
Tesco voted UK's least popular supermarket Wednesday, 20th February 2013
Tesco has been voted the UK’s least popular supermarket in a survey conducted by Which?
Posted in Department Stores, Food Tagged Tesco, Waitrose, Aldi, Lidl, Morrisons, Marks & Spencer, Food, Supermarkets, department stores
John Lewis sacks 325 managers across the UK Wednesday, 13th February 2013
John Lewis has sacked 325 department managers across the UK, according to The Guardian.
Posted in Department Stores, Retail Industry Tagged John Lewis, department stores, Retail & Consumer Industry, Retail Industry
John Lewis weekly sales rocket 20.6% Friday, 8th February 2013
John Lewis has hailed a positive start to its new financial year as the business reported a 20.6 per cent sales increase for last week.
Posted in Department Stores, Food, Home & DIY News Tagged John Lewis, food, department stores, home & design, electrical, Maggie Porteous
M&S to step up expansion in France Wednesday, 6th February 2013
Marks & Spencer is to open more stores in France after Parisian consumers scrambled for its British biscuits, jam and pre-packed meals.
Posted in Department Stores, Food, Franchise & Expansion Tagged Marks & Spencer, department stores, Marc Bolland, expansion & franchise, Simply Food, Food
