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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Mar- 2025 -13 MarchNews
John Lewis staff miss out on bonus despite tripled profits
The John Lewis Partnership has confirmed its staff will not receive a bonus for the third year in a row, despite full-year profits tripling from £42m to £126m, with the group instead focusing on investment into employee pay. For the year ended 25 January 2025, overall sales rose by 3%…
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Feb- 2025 -7 FebruaryPeople Moves
John Lewis commercial director departs after three years
John Lewis commercial director Kathleen Mitchell has left the business after joining the group three years ago. Before joining the retailer, Mitchell was managing and brand director at Accessorize for three years. She also held various senior roles at Stella & Dot and L’Oréal. In an announcement on LinkedIn, she…
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Jan- 2025 -31 JanuaryNews-In-Brief
Today’s news in brief-31/1/25
Homebase, the DIY retailer that collapsed into administration in November 2024, owes more than £650m to unsecured creditors, including suppliers AO World, Halfords, and The Hut. Administrator Teneo reported total unsecured claims of £657m, with £100m owed to trade creditors. Major debts include £2.9m to Close Brothers for till systems,…
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31 JanuaryDepartment Stores
John Lewis warns staff on profits amid missed sales targets
The John Lewis Partnership has fallen short of its profit targets in Q4 after both Waitrose and John Lewis “missed their sales targets” over Christmas, according to reports from The Telegraph. The partnership cited “lower consumer confidence and weaker than expected market confidence” for the softer sales in the month…
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15 JanuaryNews-In-Brief
Today’s news in brief-15/1/25
Inflation in the UK unexpectedly fell to 2.5% in December, marking its first decline in three months, according to the ONS. The decrease, attributed to reduced hotel and tobacco prices despite rising fuel costs, exceeded expectations, as analysts had predicted inflation would remain steady at 2.6%. While inflation remains above…
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15 JanuaryPeople Moves
The Entertainer appoints new COO
Teal Group, the parent company of the UK’s leading toy retailer, The Entertainer, has announced the appointment of former John Lewis Partnership group supply chain director, Mark Robinson, as its new chief operating officer. He will join the business in March, from his current role as managing director of Wincanton…
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8 JanuaryNews-In-Brief
Today’s news in brief-8/1/25
Home Bargains owner Tom Morris took home over £1bn in dividends as the discount retailer saw turnover rise 11.7% to £4.2bn in the year ending June 2024, driven by new store openings and re-sites. Operating profit also surged 34.2% to £434m. Morris, owning 98% of parent company TJ Morris, received…
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8 JanuaryPeople Moves
John Lewis Partnership chief customer officer steps down
John Lewis Partnership’s (JLP) chief customer officer Charlotte Lock is to step down from her role after three years. Lock, who joined JLP back in March 2022 from the Co-op where she was director of Data, Loyalty and Digital Products, is said to be stepping down in order to pursue…
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Oct- 2024 -28 OctoberNews-In-Brief
Today’s news in brief-28/10/24
Mike Ashley, founder of Frasers Group, has indicated readiness to step into the CEO role at Boohoo to initiate a turnaround strategy, following Frasers’ acquisition of a 27% stake in the fast fashion retailer. He criticised Boohoo’s management and recent refinancing, which he termed unsatisfactory for shareholders. Boohoo’s refinancing agreement…
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28 OctoberDepartment Stores
John Lewis Partnership to recruit ‘record’ 12,500 seasonal roles
The John Lewis Partnership (JLP) has revealed it is recruiting a record 12,500 temporary roles across the country – 4,100 more jobs compared with last year – as customer numbers hit record levels and it doubles down on its commitment to customer experience. The roles, comprising those in Waitrose and…
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