UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.
Debenhams will exit the UK high street for good on May 15 as the administrators close its remaining stores. The closures will end more than 200 years in which the company has been a major name in UK retail.
One of the most distinctive landmarks in central London retail is up for sale. The former Topshop flagship on Oxford Circus, the jewel in crown of the dismantled Arcadia Group empire, is valued at around £420 million.
John Lewis Partnership may be closing some of its department stores, but it's also investing in its flagship properties and it's about to start renovating the facade of its Peter Jones store in London’s Chelsea.
So many good things to report from online women’s fashion retailer Sosandar Tuesday. For starters, it was a strong year of revenue growth, accelerating every month in Q4, and it saw a “substantial” gain in core earnings.
News that John Lewis is planning to open most of its fitting rooms when it reopens it stores next week may have been encouraging, but not all retailers are planning on doing likewise — at least not at first.
The UK government has confirmed that non-essential stores, beauty and hair salons will be able to open as planned in England on April 12. And John Lewis is the first big name to share its reopening plan.
As Fenwick prepares to reopen, its CEO has predicted “ a good opening, but a slow recovery as well”. Yet overall, he’s confident it's on the right track and can do well in the changed retail world of the future.
The number of UK jobs and stores lost in pandemic-hit retail continues to rise. Since non-essential stores were first forced to close a year ago, almost 190,000 jobs have gone and 15,153 stores have closed, figures show.