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.
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Jul- 2018 -16 JulyDepartment Stores
Former Easyjet director joins John Lewis Partnership board
The John Lewis Partnership has appointed Andy Martin as its new non-executive director and as chair of the group’s audit and risk committee. He succeeds Sarah Hogg, whose term of office ended on 30 June 2018, and will work alongside Keith Williams, deputy chairman of the board, and board member…
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Jun- 2018 -27 JuneDepartment Stores
John Lewis profits could be ‘close to zero’
John Lewis has issued another profit warning and admitted that it expects profits before exceptional items to be “substantially lower” than last year, or even “close to zero”. The retailer also outlined the next phase of its strategy, saying it would focus on “differentiation not scale”, maintaining a higher level…
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Apr- 2018 -24 AprilDepartment Stores
Debenhams partners with Western Union to offer global money transfers
Debenhams has signed a partnership with Western Union to offer global money transfers through its existing travel money desks. Western Union already has a presence in Ryman, John Lewis and Sainsbury’s, and Debenhams will introduce the service at 112 of its stores. The news comes as the department store reported…
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Mar- 2018 -13 MarchGovernment
Leading retailers support plan for sustainability and equality
Over 25 leading UK retailers, including Sainsbury’s and John Lewis, have signed up to a series of pledges to tackle global challenges over the coming decades. The ‘Better Retail Better World’ scheme includes a series of stretching targets for the retail industry to achieve by 2020, and uses the United…
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8 MarchDepartment Stores
Owner of John Lewis and Waitrose reports 77% drop in annual profits
The John Lewis Partnership has announced a 77% drop in annual profits and has cut the annual bonus given to staff. Pre-tax profit for the year to 27 January fell to £103.9m while the employee-owned partnership’s bonus scheme fell to 5% of salary – down from 6% for 2017/18 and…
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Jan- 2018 -11 JanuaryDepartment Stores
John Lewis issues profit warning despite ‘most successful trading day ever’
The John Lewis Partnership has reported an increase in sales for the six-week period ending December 30, but a competitive Christmas season characterised by heavy discounting across the retail industry will hit profits, it said today. Group sales were (which include John Lewis and Waitrose) were up 2.5% year-on-year, totalling…
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