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Articles about department stores
John Lewis posts 8% sales rise Friday, 24th May 2013
John Lewis announced an 8.8 per cent year-on-year sales increase for the week today after improving weather and a successful price matching initiative increased sales both stores and online.
Posted in Department Stores, Electricals, fashion, Home & DIY News Tagged John Lewis, Maggie Porteous, department stores, home & design, electricals, womenswear, menswear, fashion, retail industry
Westfield Group remain tight-lipped about Starwood deal Wednesday, 22nd May 2013
Photo credit: My-Retail Media
Westfield Group are allegedly in the early stages of agreeing a deal with Starwood Capital Group to sell seven of its U.S. shopping malls, according to Reuters. Private real estate investment company, Starwood Capital Group, are thought to offering in excess of USD 1 billion for the acquisitions, a source revealed on Wednesday.
Posted in Deals and Takeovers, Department Stores, Retail Industry, Retail Property Tagged DDR Corp, Westfield, Blackstone Group LP, retail property, real estate, department stores, Starwood Capital Group
Private equity firms consider Neiman Marcus sale Tuesday, 7th May 2013
TPG Capital and Warburg Pincus LLC are considering the sale or public offering of Neiman Marcus Group, according to Bloomberg News.
Posted in Deals and Takeovers, Department Stores Tagged Neiman Marcus, department stores, TPG Capital, Warburg Pincus LLC, Credit Suisse Group AG
Joseph Wan to depart Harvey Nichols Saturday, 4th May 2013
Joseph Wan, Harvey Nichols chief executive, is preparing to step down as the search for his successor gathers pace.
Posted in Department Stores, People Tagged Joseph Wan, Harvey Nichols, department stores, people, hr news
Hudson's Bay boosts Tommy Hilfiger presence in Canada Wednesday, 1st May 2013
Hudson’s Bay is to open some shops-in-shops for Tommy Hilfiger as the department store giant boosts the assortment of the American sportswear brand across Canada.
Posted in Department Stores, fashion, Franchise & Expansion Tagged Gary Sheinbaum, PVH Corp, Tommy Hilfiger, Hudson's Bay, Fashion, Department Stores
John Lewis named best retailer Tuesday, 30th April 2013
John Lewis has been named the UK’s Best Retailer at the Verdict Customer Satisfaction Awards, beating off competition from Bonmarché and Dunelm Mill who took second and third place respectively.
Posted in Department Stores, E-Commerce, Food Tagged John Lewis, Amazon, Bonmarche, Dunelm Mill, Verdict Research, department stores, e-commerce
M&S lingerie boss exits Wednesday, 17th April 2013
Janie Schaffer is set to exit her role as head of lingerie and beauty at Marks & Spencer.
Posted in Department Stores, fashion, Lingerie Tagged M&S, Marks & Spencer, Victoria's Secret, Janie Schaffer, fashion, department stores, lingerie
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
Myron Ullman to return as CEO of J. C. Penney Tuesday, 9th April 2013
Photo Credit: J. C. Penney
J. C. Penney has brought back former CEO Myron Ullman following Ron Johnson’s removal from the position. Following Johnson’s appointment as CEO, succeeding Ullman who had occupied the position from 2004 to 2011, he introduced a policy in which the department store chain would cease offering discounts through coupons and limited time bargains in favour of always lower prices.
Posted in Department Stores, Retail Industry Tagged retail, news, j c penney, department stores, rom johnson, myron ullman
Liberty bolsters home and furniture departments Tuesday, 9th April 2013
Liberty has added swathes of new designers, artists and products to its home interiors and furniture floors.
Posted in Department Stores, Home & DIY News Tagged Ed Burstell, Liberty, Department Stores, Home & Design, Home & DIY
