Retail news

• Beales department store chain close to collapse

  12-01-2020 20:00
  
  Firms says a buyer must be found within days, with 1,000 jobs at riskThe department store chain Beales is on the brink of collapse and must find a buyer within days, with about 1,000 jobs at risk if the historic retailer does not complete a rescue deal.The retailer, which began trading in Bournemouth in 1881, has filed notice of its intention to appoint administrators, as the company considers its options while seeking to complete a sale process begun last month. Continue reading...
  
  Read more

• John Lewis top brass leaves ‘partners’ and customers seriously underwhelmed

  12-01-2020 08:00
  
  Incoming boss Sharon White, inheriting a management in disarray, will have little room for error as she tries to cut costs but preserve the institution’s ethosWhat note will Sir Charlie Mayfield, the outgoing chairman of the John Lewis Partnership, leave for his successor, Dame Sharon White, when she takes over next month?If it begins “there’s no money left”, Liam Byrne-style, it wouldn’t be a surprise, such is the chaotic state of affairs he is leaving behind. Afte
  
  Read more

Follow @retailuknws on Twitter!