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.
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 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’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.
House of Fraser names Alex Williamson as new CEO
House of Fraser has finally revealed the name of its new chief executive.
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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Best Tools for Commerce Marketing Success
Today’s commerce marketers use an average of 7.2 marketing tactics in their marketing strategy.
In the recent past, this would have required an exhaustive lineup...
