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Liberty news and archive

Management

Liberty’s profit improves, sales increase 5 percent in FY17

Luxury London department store Liberty has posted a 5 percent rise in it annual sales to January 31, 2017, to 74.46 million pounds (99 million dollars), says a report by The Industry. It added that the company’s operating profit also increased to 6.38 million pounds (8.4 million dollars) from 6.16 million pounds (8.20 million dollars) in the...

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RetailFeatured

How are department stores tackling the retail industry?

As retailers attempt to keep up with the changing industry, some brands seek to open more stand-alone stores, while others shutter in favour of online sales. Department stores have a particularly hard job remaining relevant, multiple alternatives for shoppers including sales direct from brands and online discounts leaves the store itself, the...

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