John Lewis returns to profit but cuts staff bonus for third year running Retail The employee owned John Lewis Partnership (JLP) will again not pay staff a bonus this year, but has reported a return to proft.
John Lewis has ‘no plans’ to cut more jobs Retail John Lewis has branded claims it is planning to cut more jobs and restructure its management team as "wholly inaccurate".
John Lewis faces fresh backlash for Ealing build-to-rent scheme John Lewis John Lewis is facing renewed backlash from Ealing locals for its attempts to build hundreds of rental homes in two block towers within the London borough as part of its push to diversify from retail. The struggling department and grocery brand has submitted its finalised development plans to Ealing Council, with an ongoing consultation process [...]
John Lewis nabs Tesco veteran as it looks to leave Sharon White era behind April 8, 2024 Ailing high street favourite John Lewis has appointed Tesco veteran Jason Tarry as its new chair, taking over from Dame Sharon White – who will bring her tenure at the top of the partnership to a premature end. Tarry will be only the seventh chair of the shopping giant which has undergone a tumultuous time [...]
Why Dame Sharon White failed at John Lewis and what her successor needs to do October 4, 2023 The current chair of John Lewis was always a risky appointment, Simon Neville writes, but she made mistakes that her successor would do well to learn from as they seek to restore the retailer to relevance
Sharon White: Departing John Lewis boss calls for ‘cross-party’ effort to fix ailing high streets October 24, 2023 The 56-year-old former Ofcom boss, confessed that department store John Lewis is now 60 per cent online and 40 percent physical.
Hybrid hinders London commercial space as John Lewis slashes head office value by £15.6m June 20, 2023 The John Lewis Partnership (JLP) has slashed the value of its London head office by £15.6m in the latest signal that hybrid working trends continue to hinder the capital’s commercial work space. It comes as last month the retail group revealed that it was ending the lease on its head office in Victoria, London as [...]
Sharon White: What went wrong at John Lewis — and who might pick up the pieces? October 2, 2023 Appointed with no retail experience, Sharon White's time at the top of John Lewis will come to an end after just five years
High Street retail race: Marks and Spencer predicted to overtake John Lewis by 2026 February 8, 2023 Marks & Spencer will overtake John Lewis in the rankings of the UK’s biggest retailers by 2026, according to a new sales forecast. Tesco will retain its position as the largest retailer, followed by Sainsbury’s, but Amazon is on track to move into the top three within the next few years, industry title Retail Week [...]
John Lewis’ partnership model put it on a pedestal, now it joins the rest of us April 6, 2023 John Lewis has had an easy ride because its almost mythical shared ownership structure, as it looks to dilute it, it joins every other businesses in Britain in facing a hostile environment.