Thursday, October 18, 2018
John Lewis store revamp

John Lewis rocked by 99% drop in HY profits

John Lewis Partnership has reported a 98.8 per cent fall in underlying pre-tax profits to £1.2 million for the six months to July 28. Gross...
Mike Ashley brother

Sports Direct “does not intend to make an offer” on Debenhams

Sports Direct issued a statement on Wednesday evening confirming that it does not intend to make a bid for Debenhams in the near future. Speculation...
John lewis weekly

John Lewis Partnership records weekly sales slump

The John Lewis Partnership recorded a 3.8 per cent year-on-year slump in weekly sales last week.
Debenhams shares

Debenhams chairman lashes out after shares plummet in wake of possible CVA

Debenhams shares plunged 17 per cent yesterday in the wake of news that KPMG was called in to help draft emergency plans.
House of Fraser creditors

Suppliers join Mike Ashley’s calls for HoF investigation

One of House of Fraser's major suppliers has backed Mike Ashley's call for an Insolvency Service investigation into its former directors. Tea Terrace co-founder Ehab...

Debenhams could launch CVA as it flies in KPMG to explore restructure

Debenhams could be the latest retailer to undergo a company voluntary agreement (CVA) as it flies in the help of KPMG.
John Lewis fashion

John Lewis’ spate of heavy discounting could leave £50m hole in profits

John Lewis Partnership may have some difficult questions to answer after a strategy of heavy discounting over summer. According to retail analyst Nick Bubb, John...

House of Fraser’s website to reopen as loans are offered to struggling suppliers

House of Fraser is due to see its website reopen as Sports Direct reaches a deal with its warehouse staff.
M&S digital

M&S appoints Jeremy Pee as new digital boss

Marks & Spencer has appointed Jeremy Pee to the new role of chief digital and data officer.

Edinburgh Woollen Mill “has ended business with House of Fraser” as negotiations fail

Edinburgh Woollen Mill Group (EWM) has pulled all of its stock from House of Fraser.

Feature Resource

What will your workforce want and need,  now and in the...

Today's on-demand consumer mentality means businesses now operate in an ‘always-on’ economy. To meet customer demand for 24/7 access to products and services, businesses...