Inside Retail

MARCH 30, 2023

While I am disappointed the group has not returned to growth under my leadership, I am proud of the progress we have made towards achieving our strategic objectives,” said Ilczynski. “I I believe the group is positioned for success, with highly-capable executive teams across both marketplaces and a clear focus.”

Department Stores 130

Department Stores Finance Returns Supermarket 130

Retail Gazette

OCTOBER 5, 2023

Archie Norman Archie Norman has spent the last six years overseeing food and fashion group M&S’s turnaround plan as it looks to re-establish its brand, win back consumers and return to profit. Mark Price With John Lewis in peril, could we see Lord Mark Price return to the Partnership? Sound familiar?

Supermarket 111

Supermarket Department Stores Grocer Returns 111

VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. The 2021 total rate of returns (16.6 percent during 2020, but online returns are in line with recent years at an average of 20.8

Returns 52

Returns Loss Prevention Payment Services Visual Merchandising 52

Inside Retail

DECEMBER 10, 2023

Bergh, who has served as president and CEO of Levi Strauss & Co since 2011, is reflecting on his legacy as he prepares to hand over the reins of the $6 billion global business to his successor Michelle Gass, the former CEO of American department store chain Kohl’s, who joined Levi’s earlier this year.

Consumer 245

Consumer Marketing Department Stores Wholesale 245

Retail Gazette

DECEMBER 19, 2023

The funding structure works by leveraging finance which, more often than not, results in firms borrowing money against the retailer’s balance sheet – in turn generating debt – to use for investment. This begs the question of whether the financing structure still lends itself well to the retail sector?

Grocer 126

Grocer Supermarket Finance Returns 126

Retail Gazette

MARCH 14, 2024

Despite only just returning to the black, Kankiwala says the partnership is “absolutely on target” to increase its profits tenfold to £400m by 2027/28. Sister chain John Lewis will also be receiving new store fits in some of its locations. We’ve secured the funding we need for the four years of the plan.

Planning 111

Planning Department Stores Beauty and Health Supermarket 111

Retail Gazette

MARCH 14, 2024

However, last year, advisers warned that it faced “extreme challenges” in making money from its scheme in West Ealing with planning documents revealing the development could result in a negative return of £57m for the business. The Partnership is to remain fully co-owned,” said Michel.

Visual Merchandising 122

Visual Merchandising Planning Finance Returns 122

365 Retail

JANUARY 9, 2024

Retail Spending Dips Clothing and department store spending returned to a decline after a November spike, potentially due to earlier promotional activities by retailers. Popular releases like ‘Chicken Run: Dawn of the Nugget’ and ‘The Crown’s final series contributed to this trend.

Consumer 104

Consumer Supermarket Department Stores Promotions 104

Inside Retail

NOVEMBER 1, 2022

These spending initiatives – modest though they are – are much easier said than financed, since Japan is already saddled with massive government debt of approximately 230 per cent of the country’s annual gross domestic product (GDP). per cent, department stores were up 42.8 Thailand keeps the lid on. billion (US$1.6

Wholesale 130

Wholesale Payment Services Finance Consumer 130

Retail Gazette

OCTOBER 7, 2024

Her departure comes as fellow department store John Lewis Partnership lost its group CEO Nish Kankiwala , as he reverts back to non-executive role at the group. The ex-Co-op Food boss was named CEO of the fashion retailer in March last year, as she returned to Matalan having previously been its head of finance between 2002 and 2008.

Department Stores 69

Department Stores Fashion Finance Returns 69

Retail Gazette

OCTOBER 10, 2024

Selfridges Selfridges CEO Andrew Keith exited the department store in July, after four years at the business. The executive, who previously served as the boss of Co-op Food, was named as chief executive of Matalan last year, having returned to the fashion brand after previously serving as its head of finance between 2002 and 2008.

Beauty and Health 111

Beauty and Health Fashion Supermarket Promotions 111

Inside Retail

FEBRUARY 27, 2023

Secondly, having a strong e-commerce channel enables customers to find products online that they may have struggled to locate in-store. We believe the retailers that will genuinely thrive tomorrow will understand that success requires agility across the entire organisation, not just in a specific channel.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

Retail Gazette

DECEMBER 21, 2023

The news came a month after White said that her big five-year plan that she promised would deliver £400m a year in profits at the department store and grocery group would be delayed by two years. Boohoo’s former finance director Neil Catto joined McGeorge earlier this month, replacing CFO Elizabeth Lake.

Grocer 115

Grocer Department Stores Fashion Planning 115

A1 Retail

NOVEMBER 9, 2022

per cent rise in consumer price inflation – as the cost-of-living crunch continues to put pressure on Brits’ personal finances. per cent), as did department stores (-1.0 Consumer card spending grew 3.5 per cent year-on-year in October – higher than in September (1.8 per cent) but well below the 8.8 per cent versus -3.5

Consumer 98

Consumer Planning Beauty and Health Finance 98

Retail Gazette

DECEMBER 5, 2024

The letter highlighted the group’s track record of returning £800m to shareholders over the last five years and detailed how Ashley and Lennon would “push for total transparency” at Boohoo. The letter stated: “For too long, the current board has failed to disclose to the market and to shareholders what is really happening at Boohoo.”

Fashion 101

Fashion Fast Fashion Promotions Department Stores 101

A1 Retail

MAY 10, 2022

per cent year-on-year, with nine in 10 concerned about the impact of rising household bills on their finances. The proportion of Brits feeling concerned about the impact of higher household bills on their finances remained high at 90 per cent. per cent, department stores returned to growth (1.3 per cent vs.18.8

Consumer 75

Consumer Beauty and Health Finance Department Stores 75

Retail Gazette

JANUARY 14, 2024

John Lewis Partnership made a big hire last week, hiring its former fashion boss Peter Ruis as executive director to lead the turnaround of its department store business. Crucially, he has also fronted a turnaround at John Lewis in his first stint at the department store when he was buying and brand director.

Department Stores 52

Department Stores Fashion Returns Finance 52

A1 Retail

MARCH 8, 2022

The return to offices and increased socialising, combined with pent-up demand, encouraged Brits to invest more in their wardrobes and appearances in February. percent and department stores returned to growth (2.1 Spending on non-essential items, however, saw strong growth (14.5 Clothing saw a sizeable uplift of 15.0

Returns 40

Returns Consumer Beauty and Health Supermarket 40

A1 Retail

SEPTEMBER 6, 2022

Shopping at clothing and department stores declined, as one in four are cutting back on new clothes and accessories. per cent) since February 2021, while specialist food and drink stores returned to growth (0.6 per cent month-on-month) as did department stores (-4.3 Spending on utilities increased 45.2

Finance 52

Finance Beauty and Health Department Stores Accessories 52

Retail Gazette

FEBRUARY 13, 2025

The partnership-owned department store reported an uplift in spend on customers Partnership Credit Cards over the Black Friday period and found that o ver half of customers using credit over promotional weekend were purchasing tech products. .”

Payment Services 64

Payment Services Accounting Consumer Department Stores 64

A1 Retail

OCTOBER 13, 2021

However, worries about inflation persist, with 90 per cent concerned that the rising cost of everyday items will negatively impact their household finances. per cent and department stores and pharmacy, health and beauty retailers rose 3.6 Consumer card spending grew 13.3 Pubs, bars & clubs benefited from a 43.5

Consumer 40

Consumer Finance Beauty and Health Supermarket 40

Indigo 9 Digital

JANUARY 12, 2023

But it has managed to be the second largest clothing retailer in the United States, behind Amazon, another retailer that doesn’t have the best assortment in clothing, a key department store staple. But what both retailers offer is good value for your money. Lampert is credited with much of this lack of investment.

Merchant Services 111

Merchant Services Consumer Management Department Stores 111

Inside Retail

FEBRUARY 27, 2024

This week, Macy’s announced plans to shut down 150 “underproductive” stores, more than one-fifth of its department store assemblage, over the next three years. billion acquisition offer from an investor group, a proposition that the retailer ultimately rejected due to a lack of a viable financing plan.

Department Stores 130

Department Stores Location Planning Finance 130

A1 Retail

NOVEMBER 9, 2021

Spending on essential items saw a smaller uplift than September, as fuel spend returned to modest growth after last month’s surge. per cent, as fuel spend returned to modest growth (5.5 While shopping at supermarkets and food & drink specialist stores grew 14.2 per cent – slightly less than September’s uplift of 14.4

Consumer 75

Consumer Finance Returns Department Stores 75

A1 Retail

JANUARY 3, 2023

While face-to-face shopping returned to growth, the retail sector struggled due to a fall in household spending and a reduction in average transaction values . percent rise in fuel spend, driven by surging petrol and diesel prices and increased car use, as life returned to normal following almost two years of Covid-19 restrictions.

Consumer 52

Consumer Beauty and Health Supermarket Returns 52

A1 Retail

JUNE 8, 2021

The wet weather in early May was not enough to deter consumers from returning to shops, with overall spending on non-essential items rising 5.8 percent) and department stores (8.6 percent growth among 16-24-year olds, as younger consumers returned to socialising at the earliest possible opportunity. percent and 19.4

Consumer 45

Consumer Beauty and Health Shopping Outdoor 45

A1 Retail

SEPTEMBER 7, 2021

The gradual return of workers to UK offices, and parents preparing their children for the new school year, has also given retailers a welcome boost. Department stores also benefited, recording a 4.4 Department stores also benefited, recording a 4.4 per cent, while taxi and fuel spending also increased to 20.6

Consumer 40

Consumer Returns Department Stores Finance 40