Marks & Spencer

M&S full year profits down 64 per cent as restructure “impacted profits”

Marks & Spencer’s turnaround has hit a brick wall as its full year results show a drop in profits and its clothing arm continues to wane.
Marks & Spencer

M&S clothing revival predicted to be short lived

Marks & Spencer is predicted to report an abrupt halt to its clothing range revival amid the release of its annual profits on Wednesday.
John Lewis

John Lewis told to “put up or shut up” over price pledge promise

John Lewis has come under fire after an investigation revealed the store was selling products at higher prices than other retailers, going against its “never knowingly undersold” pledge.
Dominic Chappell

Dominic Chappell’s company enters liquidation revealing fate of BHS funds

Dominic Chappell’s company Retail Acquisitions Limited (RAL) has been put into liquidation, opening the door for creditors including Sir Philip Greens Arcadia Group to recoup “plundered” BHS funds.
Alex Williamson has been announced as the new CEO of House of Fraser. (Supplied image)

House of Fraser names Alex Williamson as new CEO

House of Fraser has finally revealed the name of its new chief executive.
The sign that appeared at BHS stores when they shuttered their doors throughout the summer of 2016 during the administration process. Many organisations, including the Institute of Directors, have since called for more corporate governance rules for private businesses to avoid another collapse like BHS. (Image: Shutterstock)

Institute of Directors demand reforms to avoid another BHS

The Institute of Directors has released an election manifesto that calls for more stringent corporate governance rules to avoid another BHS-style collapse.

John Lewis sets aside £36m to repay minimum wage staff

The John Lewis Partnership has set aside £36 million to cover retrospective payments after finding its payment scheme did not match with minimum wage regulations. According...

John Lewis abandons Brighton store plans

John Lewis has binned plans to open a new store in Brighton due to the “extent of demolition and rebuilding required” to do so. The...

Sports Direct further increases stake in Debenhams

Sports Direct has raised its stake in Debenhams once again, fueling speculation over Mike Ashley’s interest in the retailer. The sportswear brand upped its stake in...

Debenhams customers compromised after cyber attack

A cyber attack at Debenhams' flower website has led to thousands of customers having their data compromised. The department store chain confirmed that as a result...

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