Setting a clear strategy for growth

We are building on the existing successful strategy to make Debenhams a leading international, multi‑channel retailer.

Focusing on UK retail

Improving and widening the reach of the brand in the UK

  • UK stores are the engine room of the business and remain as relevant as ever
  • We are improving the performance of UK core stores ahead of modernisation
  • We are accelerating our store modernisation programme: all 45 core store modernisations will be completed by the end of 2013
  • We will continue to open new stores in target locations; nine new stores are contracted, nearly 30 more are in discussion

Delivering a compelling customer proposition

Living up to our brand promise

  • Our brand and product strategy will ensure we have the right products at the right prices
  • Designers at Debenhams will continue to be the cornerstone of our brand strategy and we aim to grow it to £750 million of sales over the medium-term
  • We are raising our standards instore
  • We are communicating the proposition differently through a more joined-up approach to marketing

Multi-channel

Increasing availability and choice through multi-channel

  • Online sales will grow to £500 million over the medium-term
  • We are giving customers more choice of products, brands and ways to shop
  • We are increasing availability through instore ordering and “Endless Aisle”
  • We are ensuring that we have the right technology and logistics to deliver our ambitions

International

Expanding the brand internationally

  • We will double the number of international franchise stores over the next five years
  • We are continuing to make progress at Magasin du Nord
  • We will use Magasin as a blueprint for other acquisitions
  • We will grow international online to 20% of total online sales over the medium‑term