Sunday, August 19, 2018

Hundreds of jobs threatened at Debenhams as it launches redundancy consultation

Debenhams has placed hundreds of jobs in redundancy consultation amid a major cost cutting drive.

Frank Field demands Philip Green “prove” he thought BHS was in health when he...

Sir Philip Green has been asked by a parliamentary committee to “prove” why he thought BHS was in secure financial health.
House of Fraser CVA

Philip Day circling handful of HoF stores

Edinburgh Woollen Mill Group owner Philip Day is reported to be in talks with a group of landlords to take over several House of...

Debenhams shares jump 25% since HoF sale as traders expect bidding war

Short sellers who have bet against Debenhams are scrambling to close their positions in anticipation of a price surge.

Harrods hires ex-Booths CEO as new food and home director

Harrods has appointed former Booths chief executive Chris Dee to the newly expanded role of food and home director. The luxury department store announced Dee...
House of Fraser pension

House of Fraser warehouse employees stop work over pay dispute

Employees at House of Fraser’s distribution centre in Wellingborough have downed their tools over a dispute with new owner.
Sanpower

House of Fraser paid £1m to landlords to drop legal challenge

House of Fraser paid £1 million to landlords in an out-of-court settlement for them to drop the legal challenge its CVA.
House of Fraser sale

Mike Ashley’s plans to make HoF “Harrods of the high street” slated by industry

Mike Ashley’s ambition to turn his newly acquired House of Fraser into a leading luxury department store “isn’t very realistic”.

Mike Ashley looks to keep 80% of House of Fraser stores open

Retail tycoon Mike Ashley has revealed he plans to keep 80 per cent of House of Fraser stores open for business, according to The...
House of Fraser landlords

Sports Direct begins negotiations with House of Fraser landlords

Sports Direct has started negotiations with House of Fraser landlords, raising fears of store closures.

Feature Resource

The retail CMO’s guide to Christmas 2018

Things are tough in retail right now. Administrations, Amazon, CX, AI, a weak pound...it's a lot. But we’re here to spread some Christmas cheer. The retail...