John Lewis: Losses triple at retail giant’s property start-up Property Losses tripled at the property start-up owned by retail giant John Lewis during its latest financial year despite its income shooting up, it has been revealed. BTR (Operating) Limited has posted a pre-tax loss of £406,000 for the 12 months to 25 January, 2025, new accounts filed with Companies House show. The latest figure comes [...]
John Lewis set for Black Friday and Christmas hiring spree Retail The John Lewis Partnership (JLP) is gearing up for a hiring offensive in the coming months as the retail group looks to bring in thousands of temporary staff for the festive season. Some 12,500 new workers are set to join its John Lewis department store and Waitrose grocery arm, up 4,100 on the same period [...]
John Lewis partners with Zopa to boost personal loan offering Banking John Lewis has partnered with an online back to offer personal loans of up to £35,000 to its 23m customers. The department store chain‘s financial services arm is working with Zopa Bank to provide its customers with more finance options. The bank will be embedded into the John Lewis Money website with a personalised loan [...]
John Lewis brings back ‘never knowingly undersold’ pledge in major U-turn September 5, 2024 Department store chain John Lewis is to bring back its famous ‘never knowingly undersold’ price pledge in a major U-turn. The national retailer has made the move after ditching the commitment over concerns it what less relevant to shoppers two years ago. The price promise, which was first introduced in 1925, will come back into [...]
John Lewis: £80m plans create new homes at site in Elizabeth Line-linked Reading September 4, 2024 The John Lewis Partnership has submitted plans to transform one of its disused warehouses in Reading into an £80m residential complex featuring more than 200 rental units. The plans, which were submitted to Reading Borough Council this week, lay out the company’s vision to demolish the current structure and replace it with 215 homes, plus 6,000 [...]
John Lewis has ‘no plans’ to cut more jobs September 1, 2024 John Lewis has branded claims it is planning to cut more jobs and restructure its management team as "wholly inaccurate".