Tag : department stores
Failure to adapt leaves Beales on the brinkSubscription
Department store Beales’s secondary store locations and failure to adapt to the rapidly changing environment have led it to the brink of administration, analysts have told Drapers.
Drapers Hit or Miss: London department storesSubscription
London department stores face Drapers’ secret shopper’s scrutiny
Debenhams recruits 7,000 Christmas staffSubscription
Debenhams has filled 7,000 Christmas jobs across its 165 UK stores in the run up to Christmas, to help offer better customer service during the busiest time of year.
Multi-million-pound investment for MorleysSubscription
Store investment and reacting to an evolving customer has kept independent department store chain Morleys competitive, CEO Nigel Blow has told Drapers.
Can the department store stage a fightback? Subscription
As John Lewis merges operations with its supermarket division, Waitrose, Drapers assesses the future of the department store model.
After months of turnaround turmoil, Debenhams has taken some positive steps in the right direction.
UK department stores reported their first increase in sales this year last month as they rose 1.6% compared with June.
Barneys explores bankruptcySubscription
US department store Barneys is believed to be considering filing for bankruptcy.
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.
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.