Online success prompts Debenhams expansion

High-street retailer Debenhams is opening 11 new stores and creating 4,000 jobs in the next four years, bringing its total number of outlets in the UK to 100.

LONDON (Brand Republic) - High-street retailer Debenhams is opening 11 new stores and creating 4,000 jobs in the next four years, bringing its total number of outlets in the UK to 100.

Debenhams chairman Peter Jarvis said its expansion plans came from the strength of the Debenhams Direct home-shopping catalogue and internet sales.

He wants to double distribution of the catalogue to 300,000 this autumn, and claimed internet sales will top £5m in its first full year of trading.

Debenhams, the third largest UK department store by sales after Marks & Spencer and John Lewis, said like-for-like sales were up 3.3% in the 20 weeks to July 15, with total sales up 3.9%.

Jarvis said a stronger performance reflected the company’s strategy to reduce its weighting in clothing, to concentrate on appliances and non-clothing items. He said he was confident the company would “achieve robust levels of growth”.

Debenhams is also opening four stores in Eastern Europe over the next two years, as well as a fifth store in Qatar in the middle east.



Subscribe to Campaign from just £57 per quarter

Includes the weekly magazine and quarterly Campaign IQ, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
The top 10 brands favoured by Remainers and Brexiters
Shares0
Share

1 The top 10 brands favoured by Remainers and Brexiters

Marketers can learn about our divided nation by examining the brands that appeal across the voting referendum voting split, says Emily James, chief strategy officer at Rainey Kelly Campbell Roalfe/Y&R.

Just published