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John Lewis
11:16, 13 MAR 2025
John Lewis scraps staff bonus for third year in a row despite tripling profit
By City AM
The John Lewis Partnership said profit before tax increased from £42m to £126m over the 52 weeks to 25 January, but the bonus has been axed for the third consecutive year
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Wiltshire pet insurance firm snaps up dog health app
Deals
Sailsbury-based Tedaisy has expanded with the acquisition of pet-tech firm Perro
Bookmark
John Lewis 'misses Christmas sales targets' as middle-class shoppers flock to M&S
By City AM
The employee-owned John Lewis Partnership (JLP) blamed "lower consumer confidence and weaker than expected market confidence" for trading in the month to 21 December
Bookmark
Mulberry 'neglected to connect' with º£½ÇÊÓÆµ shoppers, says boss
Retail
Andrea Baldo said moving forward the company would focus less on China and close 12 stores across its Asian estate
Bookmark
Knighthood for former mayor and retail chief Andy Street
West Midlands
Sir Andy spent seven years as the West Midlands first directly elected major and has been honoured for his public service
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List of shops that have gone into administration in 2024
Retail & High Street
It's been another difficult year for the retail industry and it doesn't look set to get much better
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Royal Warrants granted to Queen's trusted fashion designers and beauty experts
John Lewis
The King has granted royal warrants to 386 companies that previously held warrants from Queen Elizabeth II, including household names like John Lewis, Heinz and Nestle, while the Duchess has appointed seven new holders
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Baby rocker company named among fastest-growing in º£½ÇÊÓÆµ
Technology
Rockit was founded in 2016 by two dads who wanted to help get their babies to sleep
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John Lewis to hire 12,500 temporary staff ahead of Black Friday and Christmas shopping frenzy
John Lewis
The retail group said the expansion of temporary roles is to prepare for what it anticipates to be its busiest period of the year in the run-up to Black Friday, Christmas and the New Year
Bookmark
John Lewis launches major store makeovers as part of £800m beauty hall investment
John Lewis
The company has committed to inject more than £250 million into its stores over the next two years as part of the plan, which will pump a total of £800 million into the John Lewis brand over the next four years.
Bookmark
Explore new finance options with John Lewis and Zopa Bank's personal loans up to £35,000
By City AM
The department store chain's financial services arm has teamed up with Zopa Bank to provide its customers with more finance options
Bookmark
Plusnet boosts profits and dividends amid customer drop and market shifts
By City AM
Plusnet is the latest broadband firm to have posted its financial results for the year to March 31, with the company revealing its profit has soared despite a slump in customer numbers
Bookmark
M&G Real Estate increases stake in The Mall Cribbs Causeway
Retail
The deal means the shopping centre is back under the ownership of the investors who funded construction in 1998
Bookmark
John Lewis Partnership reports promising half-year results, slashing losses and boosting sales
By City AM
""The retailer said it is on track to significantly improve its performance for the full year""
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Welsh Water chairman Alastair Lyons announces retirement
John Lewis
He will be replaced as chair by current board member Jane Hanson
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John Lewis revives historic price promise with AI technology to match competitors
By City AM
The department store chain has made the move after concerns it was less relevant to customers two years ago
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Waitrose to open 100 new stores in 'biggest period of expansion'
By City AM
The premium supermarket will open 100 new stores over the next three years and will focus on its 'Little Waitrose' convenience shops as it continues to invest in the brand
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John Lewis Partnership deal for Manchester’s PropCall
John Lewis
Tech firm will work with partnership's build-to-rent arm
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Firm behind historic store revamp goes into receivership
John Lewis
Landlab Developments was to convert landmark into 175-bed hotel and casino
Bookmark
Maternity clothing company Pretty Mama set for growth after moving to new base
Retail
The clothing company business launched by sisters Alex and Jenny McFadden has moved into a South Tyneside unit
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Procook appoints former Hobbs chief executive to board
Appointments
Meg Lustman has held senior positions at major high street brands including John Lewis and Warehouse
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Department store Harvey Nichols to cut dozens of jobs
Retail & High Street
It is understood around 60 members of staff will be affected by the proposals
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John Lewis warns of job cuts axes staff bonus despite returning to profit
John Lewis
The John Lewis Partnership has cautioned over possible job cuts in the year ahead as part of an overhaul as the group revealed it would not hand out a staff bonus once again despite returning to profit.
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South West business leaders recognised in New Year’s Honours List 2024
New Year's Honours
The awards for 2024 have been announced and include a number of influential business figures from across the West Country
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