Mike Ashley offers Debenhams £40m loan to avert collapse
Mike Ashley has reportedly written a letter to Debenhams urging them to accept his £40 million loan.
Sports Direct profits plunge 27% after House of Fraser acquisition
Sports Direct has revealed a significant drop in underlying profits despite a sales rise for its first half.
John Lewis Partnership’s sales continue decline after Black Friday
John Lewis Partnership saw sales continue to decline following a record-high during the Black Friday period two weeks ago.
Former Sainsbury’s CEO Justin King joins M&S
Marks & Spencer has announced the appointment of former Sainsbury’s chief executive Justin King as a non-executive director.
Internal assessment determines Debenhams is a “viable business”
Debenhams has revealed an internal strategic assessment proved that the department store chain will survive the next three years.
4 Debenhams freeholds sold as landlords back away from high street
Retail property giant British Land is due to sell off its last four remaining freestanding Debenhams stores.
Consumer spending at department stores down for the 13th month in row
Consumer spending at department stores across the UK has fallen for the 13th consecutive month, according to new data.
John Lewis Partnership’s weekly sales plummet after record Black Friday week
John Lewis Partnership's weekly sales took a hit after the record-high figures from Black Friday.
568 jobs saved as House of Fraser’s Kendals store to remain open
House of Fraser’s flagship Kendals store in Manchester has been saved from closure after new terms were agreed.
Fortnum & Mason books 6th straight year of double-digit growth
Fortnum & Mason contunies to buck the challenges plaguing retailers elsewhere.
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