Tag : department stores
Morleys Stores promotes Nigel Blow to CEOSubscription
Independent department store group Morleys Stores has promoted its non-executive director, Nigel Blow, to chief executive as it restructures its senior management team.
Tudor Williams to close New Malden storeSubscription
Surrey-based independent department store chain Tudor Williams is closing its New Malden branch after 106 years of trading.
Debenhams to offer free parkingSubscription
Debenhams is offering up to two hours of free parking for its customers to encourage them to do their Christmas shopping next week, Drapers can reveal.
Debenhams to shut up to 50 storesSubscription
Debenhams plans to axe up to 50 underperforming stores in a bid to turn around its ailing fortunes.
Sears files for bankruptcy protectionSubscription
US department store giant Sears has filed for chapter 11 bankruptcy protection, after struggling with debts and losses in the American retail market.
Fenwick axes jobs as profits plummetSubscription
Fenwick is to axe more than 400 jobs after its pre-tax profits nose-dived.
Is this the death of the department store?Subscription
Following Mike Ashley’s purchase of House of Fraser out of administration, Drapers asks industry experts what department stores need to do to survive and thrive.
Struggling department stores and a shift in consumer behaviour could lead to more concession businesses like Calvetron falling into administration, industry insiders have said.
Lenders to the embattled department store House of Fraser are said to be demanding evidence that the retailer’s Chinese owner will invest fresh funding into the business.
Department store numbers fall by quarterSubscription
The number of large department stores in England has been slashed by a quarter in less than a decade, new research has shown.