John Lewis Partnership
This coverage delves into the John Lewis Partnership’s operations and strategy, encompassing both John Lewis and Waitrose brands. Reporting includes financial results, store openings and closures, leadership developments, employee ownership initiatives, and marketing campaigns. With a focus on the partnership’s evolving role in the UK retail sector, the insights support managers and executives tracking trends in department store and grocery retailing.
-
Jun- 2022 -9 JuneDepartment Stores
John Lewis announces proposed locations for rental homes
The John Lewis Partnership has announced its first three locations where it proposes to build new rental homes. The three proposed sites include building over Waitrose shops in Bromley and West Ealing in Greater London and replacing a vacant John Lewis warehouse in Mill Lane, Reading. The three locations were…
Read More » -
May- 2022 -26 MayClothing & Shoes
John Lewis enters childrenswear rental market
John Lewis and Partners has announced it is launching a trial with thelittleloop to give parents the choice to rent their children’s clothing. An initial 51 items of clothing for children and babies up to age 12 are available from today (26 May). Customers can swap their rented clothing at…
Read More » -
13 MayEconomy
John Lewis chair Sharon White calls for cost of living aid package
Chair of the John Lewis Partnership, Dame Sharon White, has urged the government to issue a new aid package to help support consumers through the cost of living crisis on the same scale as Covid relief. Speaking on the Peston Show on ITV, White said “the time has absolutely come”…
Read More » -
3 MayHigh Street
John Lewis to hire 150 tech jobs in digital expansion
John Lewis Partnership has announced it is hiring over 150 roles as part of a major investment in digital. The group is aiming to hire engineers across a range of technologies including software, cloud platform, native app, data engineers and delivery leads. It comes as the group aims to take…
Read More » -
Mar- 2022 -10 MarchDepartment Stores
John Lewis reinstates £46m staff bonus amid record sales
The John Lewis Partnership has said its staff will be able to share from a £46m bonus pot after reporting a profit before bonus, tax and exceptional items of £181m, 38% higher than 2020/21 and 159% higher than two years ago. When including exceptional items and the £46m bonus, its…
Read More » -
7 MarchDepartment Stores
John Lewis halts sales of Russian products
John Lewis has become the latest retailer to make steps towards cutting ties with Russia, having removed Russian-made products from its Waitrose and John Lewis stores. In a statement, the retailer said: “The John Lewis Partnership is removing from sale products in Waitrose and John Lewis that are made in…
Read More » -
Feb- 2022 -17 FebruaryClothing & Shoes
Hotter FY22 revenues rise to £51.9m
The Unbound Group has reported a 16% increase in revenues for its subsidiary, Hotter Shoes (Hotter), in the financial year ending 30 January 2022 (FY22), up from £44.5m in FY21 to £51.9m. Hotter has also announced a partnership with M&S to sell Hotter products on the ‘Brands at M&S’ platform,…
Read More » -
14 FebruaryDepartment Stores
John Lewis profits surge could see return of staff bonus
The John Lewis Partnership could possibly see the return of its fabled staff bonus this year after it was revealed it has surpassed its £100m annual profit target. According to a leaked memo seen by The Mail on Sunday, thanks to a bumper Christmas sales period and successful cost saving…
Read More » -
Dec- 2021 -22 DecemberNews
Landsec secures additional 25% stake in Bluewater
Landsec has announced that it has completed the acquisition of an additional 25% share in Bluewater from Lendlease Retail Partnership for £172m. The deal represents a net initial yield of 8.15% and an equivalent yield of 8.25%. In a separate deal, Landsec will sell 25% of this share to co-owner…
Read More » -
Nov- 2021 -1 NovemberNews
John Lewis signs £420m credit deal linked to sustainability
The John Lewis Partnership has signed a new £420m five-year revolving credit facility linked to environmental targets. It revealed the deal is provided by seven banks who continue to offer “important backing” to the Partnership and its plans, with the new financing to replace existing facilities of £500mn, which are…
Read More »
