It would also start stocking Waitrose products in more Another potential growth area it identified was horticulture, and the company said it was examining how it could build a new business out of prize assets such as the Leckford estate – the 1,600-hectare farm near Stockbridge in Hampshire that was home to the company’s founder, It is also looking at the circular economy which White said was a growing priority for customers. Opportunities could include transferring to local Waitrose shops or working for johnlewis.com and waitrose.com as they continue to grow."
The economics of an independent Scotland don’t add up "We rely on advertising to help fund our award-winning journalism.We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future. It acknowledged that customers are beginning to shop in different ways which will see the demand for stores change. Indeed, it has not yet been confirmed whether any John Lewis stores will be closing after the coronavirus pandemic ends. "Shortly after arriving at John Lewis Partnership earlier this year, Dame Sharon already warned it was facing the most challenging period in its history.She added in February that stores were unlikely to remain open without financial improvements.JLP said: "We keep our estate under continuous review in order to ensure we have the right amounts of shops to best serve our customers and remain commercially viable. The … “Our existing stores will be updated to meet customers’ expectations.”She suggested the convenience market could be a focus of this push because Waitrose had less of a presence in this area. Here's what we know... John Lewis has revealed the locations of the branches that are considered unviable, putting 1,300 jobs at risk.The department store confirmed that shops in Birmingham and Watford will not reopen as the coronavirus lockdown eases.
John Lewis could close stores and cut jobs under new plans. Partnership also plans to close some supermarkets and sell own-label food at other retailersIn a letter to staff, White said declining profits in the retail industry necessitated a push into services, including new areas such as private rented housing.“As we repurpose and potentially reduce our shop estate, we want to put excess space to good social use,” she said. Sharon White's radicalism at John Lewis is sorely neededSupermarkets bring in new measures to keep shoppers and staff safeArgos to stop printing catalogue after almost 50 yearsJohn Lewis shuts eight stores with expected loss of 1,300 jobsNext expects to remain in profit as sales partially recoverJohn Lewis staff bonus at 67-year low as more closures announcedWaitrose to launch charm offensive as Ocado switches to M&SHigh street gloom eases as UK shops report brisker trade Senior management at John Lewis have started discussions on which department stores should not reopen once lockdown ends.Sources close to the employee-owned retailer said it was "highly unlikely" that all 50 stores would welcome customers once more.Dame Sharon White, the new chairman of the John Lewis Partnership (JLP), and her team are set to address City analysts on Wednesday, updating them on the company's performance during the past week.There has also been speculation that Dame Sharon will need to raise extra cash by issuing a corporate bond.The Times reported on Monday that the former Ofcom chief is seeking whether investors - both institutions and customers - would be willing to participate in the fundraising.A previous bond was launched in 2011 that offered a 4.5pc interest rate and 2pc in store vouchers.JLP also owns Waitrose, which has fared better during the lockdown as its doors have remained open.However, with a major ramp-up of online operations, discussions are under way on whether it will be financially viable to reopen department stores.Veteran retail analyst Richard Hyman, explained: "Does it make sense for John Lewis to close some stores, absolutely yes. The head office will be “slim[med] down” and some stores will be closed.
Indeed, it has not yet been confirmed whether any John Lewis stores … The following John Lewis stores will be closed: Flagship outlets in Birmingham and Watford Travel hub outlets at Heathrow airport and St Pancras station Four … Senior management at John Lewis have begun discussions regarding the reopening of its department stores post lockdown, debating … Canary Wharf Group recalls staff to halt banking exodus Company restructures will lead to …