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Articles about debenhams
Debenhams finds Dads are getting short changed Friday, 14th June 2013
Photo credit: Debenhams
Kids are spending an average of £4 less on Father’s day gifts for 2013, new research by Debenhams reveals. The department store group found the average gift for dads in 2012 came to £16, dropping to £12 in 2013. While kids might be cutting corners, Debenhams on Friday reported seeing a 7 per cent increase in people buying Father’s day gifts compared to last year, suggesting those that do buy something are just being more thrifty with their Father’s Day purchases.
Posted in Department Stores, Retail Industry Tagged debenhams, department, store, mothers, mum, day, fathers, dad, present, gift, child, result, report, high street
Debenhams reveals new expansion plans Friday, 19th April 2013
Photo credit: Debenhams plc
Debenhams is reported to have identified up to 70 high streets and shopping centres where it hopes to open outlets and expand its UK store portfolio. After reporting back this week on a tough half which saw profits fall 5.4 per cent, Debenhams is now thought to be re-evaluating its presence on the high street, looking to add up to 70 new stores to its current portfolio.
Posted in Department Stores, Franchise & Expansion, Retail Industry Tagged debenhams, department, store, chain, group, bluewater, kent, kingston, portfolio, michael, sharp, high street
Debenhams H1 sales up 3.5% Thursday, 18th April 2013
Photo credit: Debenhams Retail plc
Debenhams focuses on second half after 5.4 per cent fall in profits for the first half of its financial year. The department store group, which has 165 locations across the UK and Ireland, on Thursday revealed a fall in first-half profit in line with expectations after the retailer issued a profit warning in March.
Posted in Department Stores, Online retail, Retail Industry Tagged debenhams, department, store, news, chain, michael, sharp, retail, profit, group, sales, online, snow, january, march
Debenhams braces for sales dip after long winter Monday, 15th April 2013
Debenhams attributed its poor performance to the recent prolonged winter as it issued a shock profit warning last month.
Posted in Department Stores Tagged Debenhams, department stores, clothing, apparel, womenswear, menswear
Debenhams taps Argos for new e-commerce boss Monday, 25th March 2013
Photo credit: Debenhams
Ross Clemmow will join the department store chain in June, taking up the position of divisional trading director of e-commerce. Clemmow will be charged with pushing Debenhams’ multichannel strategy forward after the departure of Simon Forster late last year to Selfridges.
Posted in Department Stores, E-Commerce, Online retail, Retail Industry Tagged debenhams, retail, department, chain, news, michael, sharp, ross clemmow, e-commerce, online, store
Debenhams signs up for Leamington Shopping Park Tuesday, 19th March 2013
Image credit: British Land
Debenhams signs 15-year lease for new 40,000 sq ft store at Leamington Shopping Park. Owned by the Gibraltar Limited Partnership, Debenham’s new outlet at the 135,000 Leamington Shopping Park in Leamington Spa will replace the Focus unit when it opens by the end of the year.
Posted in Department Stores, Retail Industry, Shopping Centres Tagged debenhams, british land, leamington, spa, shopping, centre, retail property
Snowfall hits Debenhams’ first-half profit Monday, 4th March 2013
Photo credit: Debenhams plc
Pretax profit at Debenhams came in below expectations as Britain’s second biggest department store group found snow “severely disrupted” trading in the first half. The retailer said it now expected pretax profit for the 26 weeks to 2 March to be around £120 million, well under analysts’ consensus expectations of around £130 million.
Posted in Department Stores, Retail Industry Tagged debenhams, michael sharp, deparment, store, chain, retail, snow, profit, first, half
Debenhams reports record festive sales Tuesday, 8th January 2013
Debenhams today reported record festive sales, with a five per cent rise in like-for-like sales against the previous year.
Posted in Department Stores Tagged Debenhams, Department Stores, British Retail Consortium, British Retail Statistics, Christmas 2012
Mike Ashley in talks with Don McCarthy over House of Fraser sale Thursday, 13th December 2012
Photo credit: My Retail Media
House of Fraser’s executive chairman Don McCarthy is reported to be involved in talks with a number of interested buyers for the department store, including Sports Direct and its owner Mike Ashley. According to the Guardian, McCarthy would not comment on speculation surrounding the sale, but insisted he would look after the interests of the shareholders.
Posted in Deals and Takeovers, Department Stores, People, Retail Industry Tagged house of fraser, don mccarthy, sale, department, store, retail, high street, debenhams, arcadia, mike ashley, sports direct
Debenhams CEO in line for £300,000 bonus Tuesday, 20th November 2012
Photo credit: Debenhams
Debenhams' Westfield store. Michael Sharp, chief executive of Debenhams, is set to receive a one-off bonus in excess of £300,000 after a period of strong trading at the department store, which saw pre-tax profit rise 4.2 per cent in the year to 1 September. According to the Telegrah, the Debenhams’ remuneration policy would usually entitle Sharp to receive shares worth £923,000, or 150 per cent of his salary, but the chief executive will in this instance be awarded with shares worth £1.23 million, equivalent to 200 per cent of his annual salary.
Posted in Department Stores, People, Retail Industry Tagged debenhams, department, store, michael sharp, sharp, bonus, dennis millard, chairman, chief, executive, retail
