Thursday, February 27, 2020

H&M to launch homeware concession in Selfridges

Fast fashion retailer H&M is to open its first Home concession store next week. The new store-in-store will launch exclusively in Selfridges in the...

ScS is confident about the future

Upholstered furniture and floorings retailer ScS has revealed a 13.2% increase of in gross sales. Revenue grew 13.4% year-on-year to £276.7m, whilst gross profit increased by 12.5% to £127m.  “We are encouraged...

Harrods boss wants more rich visitors – are tourists turned off by the UK...

Michael Ward, the Managing Director of luxury department store Harrods has warned that government policies are deterring wealthy visitors from the UK.  Ward has cautioned that...

Troubled waters – Cenkos plots changes for Debenhams

City Broker Cenkos is making bold moves towards instigating a change of leadership at department store giant, Debenhams, with a particular focus on CEO...

House of Fraser sees 30% e-commerce growth

In half-year results posted today, House of Fraser recorded like-for-like sales growth of 6.5% and a 30.8% jump in online sales. For the department...

Creating a multichannel approach: House of Fraser appoints new CIO

House of Fraser has poached John Lewis‘ CTO Julian Burnett, who will take on a role as Chief Information Officer at the former retailer effective 5th October 2015.  Burnett...

Matalan Direct expands into beds and bedroom furniture

Matalan Direct has expanded its home improvements offering, adding beds and bedroom furniture to its existing bathroom range. The latest category addition marks the...

John Lewis profits offset by pensions

The John Lewis partnership has reported a 26% drop in pre-tax profits in a half-year update, blaming pension changes which will be £60m higher than last year, as well as...

Foreign economic turbulence necessitates a change of plan for M&S

Marks & Spencer is planning to slow its overseas expansion in light of economic turbulence in its target markets.  Due to economic issues in Russia...

Can John Lewis outpace IKEA?

John Lewis Boss Andy Street has said the department store will knock Ikea off the top spot within four years following the £14m investment...

Feature Resource

Is your business prepared as fraudsters focus on loyalty programmes?

Is your business prepared as fraudsters focus on Loyalty  Programmes? Great news as Forter launches its Loyalty Programme Protection solution to protect  programmes from fraud...