All the updated news related to john lewis partnership

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City

‘Great resignation’ among over-50s is driving up inflation, says John Lewis

Over-50s leading a “great resignation” have shrunk the UK labour market and driven up inflation, the boss of John Lewis has said. An exodus of around a million people from the workforce since the pandemic has led to an increase in inflation and wage ...

09 Aug 2022 at 13:51

John Lewis reveals locations for first new rental homes

The John Lewis Partnership (JLP) has confirmed the first locations where it will build hundreds of rental homes as part of the group’s plans to expand outside of traditional shops. The group, which runs both the John Lewis department store arm and ...

09 Jun 2022 at 01:01

City

John Lewis hires former director Peter Ruis to lead department store firm

John Lewis Partnership has brought former director Peter Ruis back to lead the group’s department store business. Former Jigsaw boss Mr Ruis is set to become executive director of the John Lewis business from the start of next week. The new ...

11 Jan 2024 at 14:39

City

John Lewis Partnership says turnaround to take extra two years after £59m loss

The John Lewis Partnership (JLP) has said the five-year transformation plan launched by the retail group in 2020 will take two years longer than planned as it posted another half-year loss. Nevertheless, the group, which runs the ...

14 Sept 2023 at 07:43

City

John Lewis set for ‘significantly’ higher annual profits as overhaul pays off

The John Lewis Partnership has revealed sharply narrowed half-year losses and said annual profits would be “significantly” higher as its overhaul starts to bear fruit. The employee-owned group, which runs the department store ...

12 Sept 2024 at 11:06

City

John Lewis submits plans for London rental homes

John Lewis is getting ready to build hundreds of new rental homes in west and south-east London, which it hopes to house key workers like nurses and teachers. It marks the next stage in the John Lewis Partnership’s (JLP) ...

30 Jun 2023 at 13:07

City

John Lewis staff miss out on bonus as retailer slides to £78m loss

The John Lewis Partnership has said it will not hand staff a bonus for only the second time since 1953 after the retail group fell to a hefty loss. Bosses said the business will now increase cost-cutting efforts to ...

16 Mar 2023 at 09:01

Waitrose scraps free newspaper for loyalty card customers

Waitrose is scrapping its free newspaper offer to loyalty card customers in a move that risks a repeat of the outrage it faced when it ended free coffee in 2017. The upmarket supermarket chain, owned by the John ...

03 Feb 2022 at 11:25

City

John Lewis reveals £500m deal to build 1,000 new rental homes

The John Lewis Partnership’s nine-year ambition to diversify away from the difficult retail sector has come a step closer to fruition after the business signed a deal that will help it build 1,000 new homes. ...

02 Dec 2022 at 08:57

£18m funding announced for free school meals for infants

The funding per pupil for universal infant free school meals will increase, the Government has announced. The move was announced as supermarkets and sports organisations said they would support poorer ...

14 Jun 2022 at 19:30

John Lewis slashes redundancy payouts amid concerns over more job cuts

The John Lewis Partnership (JLP) is to halve its redundancy pay package for workers as the troubled retail giant continues to slash costs as part of its major overhaul. The move has ratcheted up ...

25 Jan 2024 at 20:02

City

John Lewis returns to annual profit but staff still miss out on bonus

Retail giant the John Lewis Partnership has revealed a return to annual profit, but said it would not hand out a staff bonus once again. The group – which owns the John Lewis department stores ...

14 Mar 2024 at 07:33

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