John Lewis and Waitrose to cut 1000 jobs July 14, 2021 John Lewis Partnership, the parent company of the two high street giants, has confirmed plans to cut around 1000 management roles in stores. In a move that echoes rival retailers’ attempts to weather the pandemic, the company said the 1000 role redundancies were an attempt to simplify store management structures. A John Lewis Partnership spokesperson [...]
John Lewis and Waitrose to introduce flexible working for head office staff July 5, 2021 Bosses at John Lewis and Waitrose have confirmed they will introduce flexible working for all staff based at the company’s head offices. The announcement by the employee-owned retailer came after Boris Johnson confirmed plans to lift most lockdown restrictions on 19 July, including an end to the government’s work from home guidance. “If restrictions are [...]
John Lewis to build 10,000 rental homes July 5, 2021 Retailer John Lewis will build 10,000 rental homes over the next few years, in a move into the residential property market. Tenants will have a choice of renting fully furnished with John Lewis products or using their own, according to reports. The move will give the business a long-term, stable income, and provide new job [...]
John Lewis exclusive: ’40 per cent of our profits will come from non-retail by 2030′ June 11, 2021 High Street giant John Lewis looks back on a difficult year. In March, the 157-year old partnership announced it would not reopen eight stores after lockdown restrictions eased, putting almost 1,500 jobs at risk. The value of John Lewis stores dropped to almost half the value they were before this year’s and last year’s writedowns, due [...]
John Lewis goes on senior hiring spree in push to modernise brand May 28, 2021 John Lewis has made three new senior hires to support its plans to transform and grow the business after a tough year. The new hires will focus on developing John Lewis’s online store, the retailer’s physical estates and branding. Steve Masterton will become director of online trade. He joins the partnership from Dunelm, where he [...]
Shakespeare: John Lewis takes a hit from “cash for curtains” row May 5, 2021 John Lewis has been in the news in the past fortnight as it got dragged into the controversy about the refurbishment of Boris Johnson’s Downing Street flat. The renovations to the Prime Minister’s living quarters were allegedly ordered to replace what Tatler described as the “John Lewis furniture nightmare” left by his predecessor. Data from [...]
John Lewis gets to work on Peter Jones Sloane Square facelift April 19, 2021 John Lewis has begun a multi-million pound renovation of its Peter Jones store in Sloane Square. The facelift will see the store given a curved glass façade, ground floor shop windows, entrances and canopy, and a new, larger, more accessible entrance on King’s Road, according to the Evening Standard. John Lewis has outline planning permissions, [...]
City Moves: Who is switching jobs in the Square Mile this week? April 14, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. John Lewis hires ex-Experian lead John Lewis has appointed a new director of financial services in London this week, who will step into the new role on 14 June. Amir Goshtai, who joins [...]
John Lewis poaches Experian director to run financial services arm April 13, 2021 John Lewis has today hired a senior Experian director to take over as its director of financial services as the department store pushes into the digital retail space. Amir Goshtai, a 20 year veteran of the credit agency, will spearhead the firm’s focus on its digital portfolio. This involves pouring £100m into its financial services [...]
John Lewis to permanently close eight stores, putting 1,465 jobs at risk March 24, 2021 John Lewis has announced it will not reopen eight stores after lockdown restrictions are eased, putting almost 1,500 jobs at risk. The retailer said the four department stores and four “At Home” branches are in locations that “can’t sustain a large store”, and will be permanently closed. It will enter into consultation with the 1,465 [...]