Tag : department stores
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.
Footwear fuels fashion sales at John Lewis Subscription
Fashion sales at John Lewis edged up 2% year on year for the week to 28 April, driven by record sales of footwear.
Harvey Nichols signing up to the Farfetch platform could signal a “new age” for the department store model at a time when many are struggling to find a place for themselves, industry experts have argued.