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Articles about department stores

Selfridges reveals 28% boost in men's underwear sales Friday, 5th April 2013

Selfridges reveals 28% boost in men's underwear sales

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 by Kirsty Simmonds

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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 by Ryan Legge

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M&S shares rocket as bid rumours surface Friday, 15th March 2013

M&S shares rocket as bid rumours surface

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 by Kirsty Simmonds

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M&S hires fashion expert Hilary Alexander Thursday, 14th March 2013

M&S hires fashion expert Hilary Alexander

M&S has appointed Hilary Alexander as the new Per Una fashion consultant.

Posted by Kirsty Simmonds

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John Lewis criticised over supplier rebate Tuesday, 12th March 2013

John Lewis criticised over supplier rebate
Photo Credit: My Retail Media

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 by Ryan Legge

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Harrods to launch month-long Dior showcase Tuesday, 12th March 2013

Harrods to launch month-long Dior showcase

Harrods has joined forces with Dior as part of a four-week store takeover which commences this Saturday.

Posted by Kirsty Simmonds

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Tesco voted UK's least popular supermarket Wednesday, 20th February 2013

Tesco voted UK's least popular supermarket

Tesco has been voted the UK’s least popular supermarket in a survey conducted by Which?

Posted by Kirsty Simmonds

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John Lewis sacks 325 managers across the UK Wednesday, 13th February 2013

John Lewis sacks 325 managers across the UK

John Lewis has sacked 325 department managers across the UK, according to The Guardian.

Posted by Kirsty Simmonds

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John Lewis weekly sales rocket 20.6% Friday, 8th February 2013

John Lewis weekly sales rocket 20.6%

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 by Kirsty Simmonds

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M&S to step up expansion in France Wednesday, 6th February 2013

M&S to step up expansion in France

Marks & Spencer is to open more stores in France after Parisian consumers scrambled for its British biscuits, jam and pre-packed meals.

Posted by Kirsty Simmonds

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