John Lewis
This coverage explores John Lewis’s strategy, operations, and performance within the UK retail sector. Reporting includes store and online developments, product innovation, marketing campaigns, financial results, leadership decisions, and employee-owned business dynamics. With a focus on commercial impact and competitive strategy, it provides insights for professionals managing department stores, multi-channel retail, and premium consumer brands.
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Mar- 2023 -28 MarchSupermarkets
Supermarket sales up 8.6% as grocery inflation hits 17.5%
Take-home grocery sales increased 8.6% over the most recent 12 week-period as grocery price inflation reached record levels. According to the latest figures from Kantar, grocery price inflation reached 17.5%, adding £837 to the average household’s annual bill, with prices rising fastest in eggs, milk and cheese. Across the retailers,…
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27 MarchFeatures
It’s always someone’s birthday: gift cards remain evergreen
Inflation and rising living costs have turned consumers into paranoid penny-pinchers, who are cautiously awaiting the next fiscal catastrophe to empty their wallets once again. According to Barclays, nearly six in 10 Brits are actively curbing their discretionary purchases, which has led to just a 5.5% uplift in year-on-year spending…
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27 MarchNews
Changing ownership model would be ‘tragedy’, says ex-John Lewis boss
Ex-John Lewis boss Andy Street said on Sunday that it would be a “tragedy” if the retailer changed its ownership model. Speaking on BBC’s Sunday with Laura Kuenssberg, Street said he would not think changing the model would be a good idea because “John Lewis goes beyond a shop”. It…
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23 MarchDepartment Stores
Ownership of business will ‘remain a constant’, says John Lewis chair
John Lewis chairwoman Sharon White has assured that employees’ ownership of the John Lewis Partnership will “remain a constant”, following reports that the group was considering selling a minority ownership stake. It comes as reports emerged earlier this week that the employee-owned group could dilute its 100% staff ownership structure…
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20 MarchAnalysis
Private equity is changing supermarkets
After being dethroned as one of the Big Four supermarkets by Aldi in late 2022, Morrison’s most recent blow came in the shape of £1.5bn worth of losses one year after being acquired by Clayton, Dubilier and Rice (CD&R) in October 2021 for £7bn with a debt-led takeover. Morrisons, which…
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20 MarchDepartment Stores
John Lewis mulls end to 100% staff ownership structure
John Lewis is considering diluting its 100% staff ownership structure in a bid to raise investment after the business faced a year of heavy losses. According to The Sunday Times, chairwoman Dame Sharon White is reportedly in the early stages of exploring a proposal to change its partnership structure in…
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16 MarchDepartment Stores
John Lewis Partnership appoints new CEO
The John Lewis Partnership has announced the appointment of Nish Kankiwala as its new CEO. Kankiwala has been a non-executive director of the John Lewis Partnership since April 2021 and he is also the former CEO of Hovis and has held senior roles at Burger King and PepsiCo. He will…
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16 MarchDepartment Stores
John Lewis axes bonus as losses surge to £234m
John Lewis has seen losses plummet to £234m in its full-year results, down from a loss of £27m the prior year, with the group axing its staff bonus for a second time and warning of future job losses. It comes as the impact of inflation was “felt across the business”,…
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Feb- 2023 -28 FebruaryDepartment Stores
Pippa Wicks steps down as John Lewis director
Pippa Wicks, the executive director of John Lewis, has announced she is standing down from the group with immediate effect. She will be succeeded by Naomi Simcock, who is currently retail director of the brand, on an interim basis. Following Wicks’ departure, Simcock will lead the delivery of the 2023…
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27 FebruaryPeople Moves
John Lewis hires new design director
John Lewis has appointed Charlotta Elgh as its first director of design for home. The retailer revealed a shift in the design direction for home and Elgh will be spearheading this move with her spring collection. This will include moving away from multiple trends to introduce a new, “pared back…
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