Vinyl revival prompts a boom in turntable sales for John Lewis May 5, 2015 Once seen as the domain of DJs and Hackney hipsters, the humble record has returned to its former glory as a mainstream trend. Past predictions that vinyl would go the way of the cassette tape have proved incorrect, according to John Lewis, which has reported a 240 per cent increase in turntables in 2015. The [...]
Britain’s 20 most attractive employers are … John Lewis, BMW, British Airways April 8, 2015 We spend the vast majority of our waking lives at work. And yet so many of us grumble about where we work, spend our lives worrying about job security and sometimes end up dedicating our evenings and weekends to getting the job done too. So it might be worth taking note of a new survey [...]
John Lewis is named the retailer with the strongest reputation March 19, 2015 Middle-class shoppers’ favourite John Lewis was yesterday declared the retailer with the best reputation in Europe, the Middle East and Africa (EMEA), a survey found. The survey, by the Reputation Institute, also showed that among the firms whose reputation had improved the most between 2013 and 2014 were WH Smith and H&M. However, there was bad [...]
From BHS and John Lewis to TSB and the Apple Watch: What got us talking this week? March 13, 2015 Jeremy Clarkson punched a man over a steak. Blurred Lines went from being the song with questionable gender politics to being a Marvin Gaye rip-off. And somewhere above our heads, a pilot got bored and drew rude pictures using GPS flight data. Here is what got us talking at City A.M. 1. After 15 [...]
Bonus at John Lewis drops on Waitrose sales March 12, 2015 JOHN Lewis Partnership slashed staff bonuses to 11 per cent of pay, the lowest level for 12 years, after profits fell at its grocery chain Waitrose. The partnership’s 93,800 employees will receive a total pay out of £156.2m, which is equivalent to nearly six weeks’ salary. The supermarket price war, a deflationary market and a significantly [...]
John Lewis Partnership slashes bonus as Waitrose profits fall March 12, 2015 The John Lewis Partnership, known for its generous staff incentives, has slashed the bonus payout to its partners after a hit on profits at its upmarket grocery chain Waitrose. Staff will receive a bonus of 11 per cent of their annual salary, down from last year's 15 per cent – the third annual decline in a row. [...]
John Lewis Partnership poised to reduce bonus payout to staff March 9, 2015 THE JOHN Lewis Partnership will this week seek to cut its bonus pot for staff for a second year in a row after the supermarket price war took its toll on sales at its upmarket grocery chain Waitrose. Waitrose has grown sales and market share faster than its traditional supermarket rivals in recent years, thanks [...]
John Lewis Partnership hit by multi-million pound burden of new holiday pay ruling January 16, 2015 Lawyers warned us that changes to holiday pay would be an expensive ruling, and lo, it came to pass. The John Lewis Partnership, which includes the eponymous department store and Waitrose, will have to stump up an additional £12m each year to cover costs relating to pension, bonuses and National Insurance. “The majority [...]
John Lewis calls for an end to heavy Black Friday discounting January 5, 2015 JOHN Lewis boss Andy Street has urged UK firms to hold back on Black Friday discounting because of its heavy cut to profits. The retailer’s managing director said the American-inspired sales day at the end of November gave John Lewis its biggest trading week on record, with sales up 22 per cent on last year, [...]
Black Friday hits John Lewis’ Christmas sales January 2, 2015 He may have been a runaway hit, but not even Monty the Penguin could help John Lewis emulate the success of its Black Friday deals during the Christmas period. Sales at the retailer fell 1.4 per cent during the week of Christmas, with sales of electrical goods falling 14.7 per cent compared with the same [...]