UK retailers expect bumper Christmas: John Lewis advert announced and Fortnum & Mason seasonal window revealed November 3, 2014 Nearly three quarters of UK retailers (70 per cent) believe this Christmas will bring better trading than last year due to an improving economy and following a healthy year of trading. Read: A short history of John Lewis' Christmas ad success The figures compare favourably to the 52 per cent of retailers [...]
Is John Lewis boss Andy Street right about France? Five charts showing the problems October 3, 2014 John Lewis boss Andy Street didn't mince his words. Nothing works in France and no-one cares, he said. He later apologised, for his remarks but, economically speaking, there are few people who would argue that France is not in trouble. Here are a few of the problems facing France: The president, Francois Hollande, is the least [...]
John Lewis boss Andy Street apologises for saying “France is finished” October 3, 2014 Andy Street, managing director of John Lewis, has one piece of advice for anyone with investments in the country: Get out now. The John Lewis boss described France as "finished", saying it was "sclerotic, hopeless and downbeat", but has since apologised for his comments. According to The Times, Street made the undiplomatic remarks at the [...]
Could independent Scots be charged more in shops? John Lewis’ boss thinks so September 11, 2014 Could an independent Scotland pay more than the rest of the UK for its groceries, clothing and white goods? John Lewis Partnership chairman Sir Charlie Mayfield certainly seems to think so. The retail boss, who this morning revealed half year gross sales had risen a steady six per cent to £5.01bn, told the BBC's [...]
Pictures: Take a look inside John Lewis’ first ever airport store at Heathrow June 4, 2014 Heathrow's new Terminal 2 has greeted its first passengers this morning, with the first inbound flight from Chicago arriving at 5.49am. And ready to welcome outbound passengers was John Lewis, marking the opening of its first ever airport shop. Doors opened at 5.30am this morning, as passengers heading to Washington came through the newly refurbished [...]
John Lewis reveals the five brand new technologies it’s investing in May 27, 2014 John Lewis today crowned the five technology startups that have won a place in the retailer’s technology incubator, called JLAB. The winners were chosen from a shortlist of 30 companies that were given five minutes last week to pitch a product that will help ensure John Lewis’s stores and website remain at the forefront [...]
Three tech start-ups hoping to win over John Lewis May 19, 2014 John Lewis will kick-off its search tomorrow for the next big idea to help its stores stay ahead in the digital age, with 30 technology start-ups battling out for a place in the retailer’s technology incubator JLAB. Each firm will deliver a five minute pitch to a panel of John Lewis directors and mentors [...]
John Lewis pays 15pc bonus as sales beat M&S March 6, 2014 JOHN Lewis’s partners will share a reduced bonus pot equal to 15 per cent of the average staff salary as the retailer put more money aside to shore up its huge pension fund. The £202.5m bonus, which was announced to 91,000 John Lewis and Waitrose staff yesterday at stores across the country, is equivalent to [...]
John Lewis slims down bonuses to 15pc as pension costs rise March 6, 2014 John Lewis and Waitrose staff will get bonuses worth 15 per cent of their salaries today – from a bonus pool of £202.5m – after getting 17 per cent last year. 2013’s bonus is equivalent to around eight weeks’ pay. The partnership spent more on servicing its pension fund last year, with the deficit increasing [...]
John Lewis launches search for tech firms to help lift its game March 3, 2014 JOHN LEWIS has launched a search for five start-up technology companies to develop new ideas for the retailer and to help it stay ahead as mobiles and tablets change the way consumers shop. The department store group is setting up a technology incubator called JLAB, with five successful firms given office space and advice to [...]