Since the new year there as been bitter battle between Mike Ashley and Debenhams board to purchase the troubled department store, as it sits on the brink of insolvency. A bid to gain control between Debenhams’ biggest company’s lenders – who include,... Read More
Cheshire East Council has responded to Debenhams’ withdrawal from a major town centre development by pumping another half-a-million pounds into the scheme. The national chain was to have been the anchor tenant of Macclesfield's 200,000 sq ft Silk... Read More
This time last year the retail industry was thrown into controversy when it emerged that some retailers, including department store chain Debenhams, had put pressure on suppliers to cut their prices as a means of “investing” in the bigger business. A year... Read More
Debenhams chief executive Michael Sharp remains optimistic despite the retailer’s disappointing annual sales results. In the year to the 30th of August, Britain’s second largest department store recorded a profits plunge of 24.8 per cent, with... Read More
In a complex piece of financial engineering, Sports Direct has sold its 4.6 per cent stake in the department store chain Debenhams — just four days after spending £46m to acquire the shares. The sports retailer — whose controversial boss Mike... Read More
Parents of young children can be assured that several versions of Father Christmas will be handing out presents and sprinkling a bit of festive magic in the shops this Christmas. However, it seems the popularity of the role is alleged to have fizzled... Read More
Christmas, and the weeks preceding it, is always the busiest time of year for both chain and independent retailers. With consumers formulating lists of gifts and cards to send to friends and family, businesses frantically organising Secret Santa and office... Read More
With the recession easing slightly and inflation finally coming under control, consumers are loosening the purse strings and beginning to spend again. However, value for money is still at the forefront of the mind of the average shopper, meaning that stores... Read More
It would be fair to say that this summer has not been the most record-breaking in terms of sales in the retail sector.... Read More
According to a recent study, some women are spending more money on getting their faces and bodies ready for a holiday, rather than the holiday itself... Read More
