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 [...]
Shakespeare: So far, consumers remain on John Lewis’ side March 17, 2021 Retailer John Lewis has announced hundreds of jobs are at risk as the brand considers the permanent closure of more department stores following the “economic earthquake” of the Covid-19 pandemic. Staff were already told earlier this year that there would be no annual bonus this year. The chairwoman of the John Lewis Partnership, Dame Sharon [...]
John Lewis to close more stores in places ‘where people aren’t going’ after it lost £517m in 2020 March 12, 2021 John Lewis to close more stores in places 'where people aren't going' after it lost £517m in 2020
John Lewis suspends click and collect service to discourage non-essential travel January 12, 2021 John Lewis has suspended its click and collect service in a bid to prevent unnecessary travel during the coronavirus lockdown. The department store chain said this afternoon that the service will not accept any new orders from the end of the day. It said it is “conscious of the increased need to remove reasons for [...]