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Department Stores

Sir Philip Green's BHS deal "unravelling" as MPs criticise details

Tuesday 21 March 2017 - Posted by Ben Stevens

Sir Philip Green’s BHS pension settlement has come under fire from both MP Frank Field and Usdaw boss Alan John Hannett as details of the deal start “unravelling”. In the £363 million settlement agreed Green and the Pensions Regulator following an arduous recovery process, pen...


Marks & Spencer latest to pull adverts from Google

Monday 20 March 2017 - Posted by Ben Stevens

Marks & Spencer have pulled their adverts from Google and YouTube as the tech giants fail to “provide specific reassurances” that adverts would not be displayed alongside those promoting hate. The retailer has become that latest organisation to freeze its advertising with Goog...


Champagne bars, revamped website & less fashion labels: House of Fraser's new 5-year vision

Friday 17 March 2017 - Posted by Elias Jahshan

House of Fraser plans to drop 30 womenswear brands, launch champagne bars, yoga studios, refocus its customer base and relaunch its website as part of its new five-year vision. Executive chairman Frank Slevin said the department store chain was in the middle of a “transformati...


John Lewis to launch own brand denim range

Thursday 16 March 2017 - Posted by Ben Stevens

John Lewis is set to roll out its first own-brand denim range, following the success of its own womenswear brand last year. The 90-piece premium denim range called And/Or will launch next week across John Lewis department stores, having been brought to life by head of womenswe...


M&S digital director quits

Thursday 16 March 2017 - Posted by Elias Jahshan

The global digital director at department store chain Marks & Spencer has left after 14 months with the retailer. M&S has already commenced the process to find a replacement for Marcus East, who joined the company in January last year from Apple, where he was head of ecommerce...


M&S partners with Ruby Wax for new mental health drop-in sessions

Tuesday 14 March 2017 - Posted by Elias Jahshan

Marks & Spencer will turn some of its store cafes into after-hours mental health drop-ins as part of an initiative aimed at calming stressed shoppers. The Frazzled Cafe project will be held fortnightly and is hosted by trained volunteers in restaurants that have closed for the...


Lord Rose: Sir Philip Green should keep his knighthood

Thursday 09 March 2017 - Posted by Elias Jahshan

Leading retail and political figure and one-time Marks & Spencer boss Lord Stuart Rose has said Sir Philip Green should keep his knighthood despite the controversies surrounding his handling of the BHS sale and its eventual collapse. Rose – who successfully prevented M&S from ...


John Lewis Partnership gross profits up 65.4% amid bonus cuts

Thursday 09 March 2017 - Posted by Ben Stevens

The parent company of John Lewis and Waitrose has posted healthy profits for the last financial year as bonuses are slashed to “strengthen" its balance sheet. In the 52 weeks to January 28, the John Lewis Partnership's overall profit before tax shot up by 65.4 per cent to £488...


John Lewis told to deal "fairly with consumers in future" after Black Friday controversy

Wednesday 08 March 2017 - Posted by Ben Stevens

John Lewis has come under fire from the Advertising Standards Authority (ASA) following an “unfair” promotion on Black Friday. A price match promotion which advertised the Apple watch for £249 garnered a complaint from a shopper after they were told the watch was out of stock ...


John Lewis staff bonus drops to lowest rate since 1954

Monday 06 March 2017 - Posted by Ben Stevens

John Lewis Partnership is to slash staff bonuses to the lowest level in 60 years amid increasing pressure. The parent company of department store John Lewis and grocer Waitrose is expected to announce a cut in staff bonuses from 10 per cent of their annual wage to between six ...