Marks & Spencer reports slump in profits
May 23, 2018 8:16 amMarks & Spencer has posted a 62.1% drop in full year pre-tax profit as it announces plans to close 100 stores by 2022. In the year... View Article
Department Store News
Marks & Spencer announces next round of store closures
May 23, 2018 8:15 amMarks & Spencer has revealed the next 14 stores that it is planning to close as it works towards reducing its store estate and taking at... View Article
Marks & Spencer hires new board members
May 21, 2018 9:05 amMarks & Spencer has appointed Katie Bickerstaffe and Pip McCrostie as non-executive directors as it embarks on its transformation programme. Bickerstaffe is currently chief executive designate... View Article
M&S celebrates royal wedding with Markle & Sparkle rebrand
May 18, 2018 11:19 amMarks & Spencer is to temporarily rebrand itself as part of plans to celebrate tomorrow’s royal wedding. For one weekend only, M&S will become Markle &... View Article
John Lewis sales boosted by warm weather last week
May 15, 2018 2:19 pmSales at the John Lewis department store chain increased by 3.3% last week compared to the corresponding week last year. Trade was boosted by customers buying... View Article
HBC hires Vanessa LeFebvre as president of Lord & Taylor
May 15, 2018 9:16 amHudson’s Bay Company has appointed Vanessa LeFebvre as president of the Lord & Taylor department store brand. In her new role, LeFebvre will lead Lord &... View Article
House of Fraser to close stores as part of rescue plan
May 3, 2018 8:45 amDepartment store chain House of Fraser is to embark on a restructuring plan that will include the closure of some of its stores. House of Fraser’s... View Article
John Lewis sales down 1.7% last week
April 25, 2018 8:31 amSales at the John Lewis department store chain fell by 1.7% year-on-year last week despite the warm weather encouraging customers to update their summer wardrobes. Fashion... View Article
Myer appoints former House of Fraser head as CEO
April 24, 2018 7:41 amAustralian department store Myer has appointed John King, the former House of Fraser head, as its new chief executive following an international search. He will succeed... View Article
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