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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Jul- 2024 -31 JulyOnline & Digital
John Lewis launches retail media platform
John Lewis has announced a new retail media platform to help brands connect with customers shopping online. According to the group, the move will allow brands to create and manage their own campaigns via banner ads and sponsored product listings. It also offers users a clear dashboard showing exactly how…
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23 JulyNews
Today’s news in brief-23/7/24
Tapi Carpets and Floors Limited has acquired the Carpetright brand and 54 stores following its collapse into administration. While over 300 jobs were saved, more than 1,500 employees face redundancy due to the challenging retail climate and recent cyber attack woes. Ikea plans to open 100 additional click-and-collect points at…
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23 JulyNews
Retail welcomes apprenticeship levy reform
Retailers such as AO and Co-Op as well as the British Retail Consortium have welcomed government plans for a new growth and skills levy. Keir Starmer announced yesterday (22nd July) that his government would introduce a new levy to replace the much-maligned apprenticeship levy. John Roberts, AO founder and CEO,…
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22 JulyNews
Today’s news in brief
Saudi Arabia’s Public Investment Fund (PIF) is looking to significantly increase its stake in Selfridges. Currently holding 10%, PIF has offered $1.3m (£1m) to acquire an additional 40% from Signa’s flagship property unit, following Signa’s insolvency earlier this year. This move positions PIF against other potential suitors like Thailand’s Central…
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22 JulyNews
John Lewis launches repair service trial with Timpson Group
John Lewis has announced a trial where customers can bring their garments, accessories and a selection of homeware back to life through an in-store repair service with Johnsons (part of Timpson Group). From reviving wedding dresses to restoring the zip on a luxury clutch or adjusting a pair of curtains,…
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11 JulyNews
Miniso to open new store at Eldon Square shopping centre
Miniso has announced the upcoming opening of a new location in Newcastle’s shopping centre Eldon Square. Located on the Upper Mall opposite John Lewis, Miniso’s new 1,700 sq ft store will showcase the brand’s product ranges including toys, beauty, food and brands such as Sanrio and Disney. The new store…
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8 JulyNews
Today’s news in brief-8/7/24
James Timpson OBE, CEO of the Timpson shoe repair chain, has been appointed as the new Minister for Prisons, Parole, and Probation following Labour’s landslide victory in the general election. Timpson, who has been involved in the family business since his school days, has grown the company from 320 to…
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8 JulyDepartment Stores
John Lewis to hire more shop floor staff
John Lewis executive director, Peter Ruis, has reportedly made plans to increase the shop floor staff count across the retail estate, The Sunday Times has revealed. It is understood that Ruis is also currently renegotiating contracts with fashion brands, which will see them pay the department store a lower rate…
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Jun- 2024 -25 JuneNews
Today’s news in brief-25/6/24
Shein has confidentially filed for an IPO in London, valued at £50bn, despite concerns over its portrayal in the UK which has caused some anxiety among Chinese officials. The fast-fashion retailer, which needs approval from both the China Securities Regulatory Commission (CSRC) and the Financial Conduct Authority (FCA), had previously…
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25 JunePeople Moves
John Lewis Partnership appoints interim finance director
The John Lewis Partnership has announced the appointment of Andy Mounsey as its interim executive director for finance. Mounsey, who is currently the partnership’s group finance and strategy director, has been with the business for 12 years in a number of senior finance roles. Having previously worked at EY for…
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