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Department Stores News

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241-255 of 1960 results
Department store operator Debenhams profits down in first half
By RBR Staff Writer
British department store group Debenhams posted 24.5% lower group pre-tax profit of £85.2m in the first half, as against the prior year's £112.8m, as restated.
General Retailers > Department Stores > News
House of Fraser strikes deal to sell 89% stake to Sanpower for £480m
By RBR Staff Writer
British department store chain House of Fraser, which is battling to restore profitability, has signed deal to divest 89% stake to the Nanjing-based conglomerate Sanpower in a £480m deal.
General Retailers > Department Stores > News
Neiman Marcus partners with Oracle to enhance customers’ shopping experiences
By RBR Staff Writer
Neiman Marcus, an American luxury specialty department store owned by the Neiman Marcus Group, has partnered with Oracle to enhance customers’ experiences through flexible retail planning.
General Retailers > Department Stores > News
John Lewis sales up by 5.9%
By RBR Staff Writer
British department store chain John Lewis reported 5.9% rise in sales in the week to 29 March, with warm weather lifting the sales.
General Retailers > Department Stores > News
Mike Ashley snaps 11% stake in House of Fraser
By RBR Staff Writer
Mike Ashley, founder and deputy chairman of specialty retailer, Sports Direct International (SDI) has snapped up an 11% stake in British department store chain House of Fraser, which was taken over by the Chinese conglomerate Sanpower last week in a £450m-plus deal.
General Retailers > Department Stores > News
John Lewis to introduce hi-tech electronic mirror in changing rooms
British department store operator John Lewis is planning to introduce a hi-tech electronic mirror in changing rooms, in a move to give customers a better shopping experience.
General Retailers > Department Stores > News
Alibaba to invest $692m into department-store operator Intime Retail before IPO
By RBR Staff Writer
Chinese e-commerce giant Alibaba Group, which is priming for an US initial public offering (IPO), has agreed to make a strategic investment of HK$5.37bn ($692m) into a local department-store operator Intime Retail, in a bid to extend its online strength into real-world shopping.
General Retailers > Department Stores > News
Chinese conglomerate Sanpower in talks to acquire House of Fraser
By RBR Staff Writer
British department store chain House of Fraser, which is battling to restore profitability, could be taken over by the Nanjing-based conglomerate Sanpower in a £450m-plus deal.
General Retailers > Department Stores > News
Nordstrom to postpone Rack stores opening in Canada
By RBR Staff Writer
Seattle-based upscale retailer Nordstrom has outlined plans to postpone its discount Rack stores opening in Canada until 2017.
General Retailers > Department Stores > News
David Jones reconsiders merger plan with Myer Holdings
By RBR Staff Writer
David Jones, Australia's second-biggest department store chain, announced it will investigate the value of a proposed merger with Myer Holdings, a deal which is valued around A$3.4bn ($3.09bn).
General Retailers > Department Stores > News
Lane Crawford opens the first luxury department store in Chengdu
By RBR Staff Writer
Lane Crawford, the iconic, luxury department store, has opened in Chengdu, bringing the first multi-brand luxury fashion and lifestyle destination to one of China's fastest growing luxury markets.
General Retailers > Department Stores > News
Sears Holdings' board approves Lands' End spin off
By RBR Staff Writer
American multinational retailer Sears Holdings' board has approved the spin off of its Lands' End clothing business on 4 April.
General Retailers > Department Stores > News
Woolworths to open 108 retail outlets; create 7,000 new jobs in Australia
By RBR Staff Writer
Supermarket operator Woolworths has outlined plans to open around 108 retail outlets this year across Australia.
General Retailers > Department Stores > News
The Bon-Ton Stores announces new Carson’s clearance center opening
By RBR Staff Writer
The Bon-Ton Stores today announced it will open a 20,000 square-foot Carson’s Clearance Center located in the Village Plaza in Morton Grove, Illinois.
General Retailers > Department Stores > News
Nordstrom to open a full-line store at The Domain
By RBR Staff Writer
Seattle-based Nordstrom today announced plans to open a full-line store at The Domain in Austin, Texas.
General Retailers > Department Stores > News
241-255 of 1960 results