Debenhams to cut 320 store management jobs

Department store group Debenhams is planning to cut 320 store management jobs as it tries to drive down costs. The retailer said last month it was stepping up cost-cutting plans after it issued a profit warning following disappointing trading over Christmas. Many traditional retailers are struggling to cope the challenge of the shift towards shopping... Continue Reading →

Mr Price takes control of its Kenya franchise

Mr Price store at the Junction in Nairobi. file PHOTO | NMG South Africa-based Mr Price Group has taken direct control of its Kenya business after reclaiming its franchise from fashion apparel retailer Deacons East Africa. The two firms on Thursday announced that Mr Price will from April 1 assume the operations of its 11... Continue Reading →

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