John Lewis is seeking landlord discounts as it works to cut costs from the business in a tough retail environment and is reportedly prepared to withhold 20% of the service charge due to landlords in the current quarter.
John Lewis may be one of the UK’s more successful department store chains but that doesn’t mean it's firing on all cylinders and a string of disappointing results recently means a corporate restructuring may be coming.
British retail sales unexpectedly fell on the month in August after shoppers bought less online than the month before when major sales promotions encouraged them to splash out, official figures showed on Thursday.
Britain’s Duchess Meghan returned to work on Thursday for the first time following the birth of her first child to launch a new fashion range whose sales will help a charity supporting unemployed women.
Britons are increasingly shopping online at night with ‘bedtime browsing’ on the rise, a report from John Lewis claims. It said spending on its webstore between midnight and 06:00 soared 23% in the past year alone.
John Lewis Partnership had plenty of news on Monday, although upbeat developments in its menswear offer and the addition of new independent directors were balanced out by fears that the company could report H1 losses.