John Lewis to step up investment as profit trebles UK retailer John Lewis Partnership said it would accelerate investment this year as it reported a trebling in annual profit, driven by an improvement in its food business, and forecast more growth as its turnaround plan gains momentum. Business • 13 Mar
John Lewis to step up investment as profit trebles UK retailer John Lewis Partnership said it would accelerate investment this year as it reported a trebling in annual profit, driven by an improvement in its food business, and forecast more growth as its turnaround plan gains momentum. Business • 13 Mar
Supermarket loyalty schemes offer genuine savings - CMA British supermarket prices offered through loyalty schemes provide genuine savings, the competition regulator ruled today, providing a boost to the major players who are increasingly relying on them to attract shoppers. Business • 27 Nov 24
Supermarket loyalty schemes offer genuine savings - CMA British supermarket prices offered through loyalty schemes provide genuine savings, the competition regulator ruled today, providing a boost to the major players who are increasingly relying on them to attract shoppers. Business • 27 Nov 24
John Lewis on track for 'significantly higher' profits UK retailer the John Lewis Partnership reported a 91% reduction in first half losses and said it was on track to deliver "significantly higher" full-year profit as its turnaround plan gathers pace. Business • 12 Sep 24
John Lewis on track for 'significantly higher' profits UK retailer the John Lewis Partnership reported a 91% reduction in first half losses and said it was on track to deliver "significantly higher" full-year profit as its turnaround plan gathers pace. Business • 12 Sep 24
John Lewis considers 11,000 job cuts - media reports John Lewis Partnership, the owner of John Lewis and Waitrose, is considering cutting up to 11,000 staff jobs in the next five years, the Guardian reported over the weekend. Business • 29 Jan 24
John Lewis considers 11,000 job cuts - media reports John Lewis Partnership, the owner of John Lewis and Waitrose, is considering cutting up to 11,000 staff jobs in the next five years, the Guardian reported over the weekend. Business • 29 Jan 24
John Lewis says turnaround delayed by two years John Lewis Partnership's turnaround will take two years longer than planned and cost more money, the British retailer warned today, as stubborn inflation and rising interest rates batter shoppers and store groups alike. Business • 14 Sep 23
John Lewis says turnaround delayed by two years John Lewis Partnership's turnaround will take two years longer than planned and cost more money, the British retailer warned today, as stubborn inflation and rising interest rates batter shoppers and store groups alike. Business • 14 Sep 23
John Lewis scraps staff bonus as losses widen 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 loss. Business • 16 Mar 23
John Lewis scraps staff bonus as losses widen 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 loss. Business • 16 Mar 23
John Lewis sinks to loss as cost of living crisis hits John Lewis Partnership reported a loss for the first half of the year and warned that the outlook for the rest of 2022 was highly uncertain due to the impact of the cost of living crisis on discretionary spending. Business • 15 Sep 22
John Lewis sinks to loss as cost of living crisis hits John Lewis Partnership reported a loss for the first half of the year and warned that the outlook for the rest of 2022 was highly uncertain due to the impact of the cost of living crisis on discretionary spending. Business • 15 Sep 22
John Lewis returns to profit but warns of uncertainty British retailer, the John Lewis Partnership, has today reported a return to first half profit after a Covid-pandemic hit loss last year but warned of "significant uncertainty" ahead. Business • 16 Sep 21
John Lewis returns to profit but warns of uncertainty British retailer, the John Lewis Partnership, has today reported a return to first half profit after a Covid-pandemic hit loss last year but warned of "significant uncertainty" ahead. Business • 16 Sep 21
Waitrose expands rapid home deliveries with Deliveroo UK supermarket Waitrose said today it will expand its Deliveroo service by 110 shops to 150 by the end of the summer, giving more customers access to rapid home delivery. Business • 27 Apr 21
Waitrose expands rapid home deliveries with Deliveroo UK supermarket Waitrose said today it will expand its Deliveroo service by 110 shops to 150 by the end of the summer, giving more customers access to rapid home delivery. Business • 27 Apr 21
John Lewis lifts profit guidance after strong Christmas Britain's John Lewis Partnership lifted its annual profit forecast after better than expected trading during the Christmas period. Business • 22 Jan 21
John Lewis lifts profit guidance after strong Christmas Britain's John Lewis Partnership lifted its annual profit forecast after better than expected trading during the Christmas period. Business • 22 Jan 21
UK's John Lewis to cut 1,500 head office jobs UK retailer John Lewis said today it would cut 1,500 head office jobs as part of its strategy to return to sustainable profit by 2025. Business • 04 Nov 20
UK's John Lewis to cut 1,500 head office jobs UK retailer John Lewis said today it would cut 1,500 head office jobs as part of its strategy to return to sustainable profit by 2025. Business • 04 Nov 20
John Lewis to increase digital focus and diversify British retailer the John Lewis Partnership will accelerate the expansion of its online business, diversify beyond retail and seek more partnerships as it aims to recover profitability, it said today. Business • 16 Oct 20
John Lewis to increase digital focus and diversify British retailer the John Lewis Partnership will accelerate the expansion of its online business, diversify beyond retail and seek more partnerships as it aims to recover profitability, it said today. Business • 16 Oct 20
John Lewis Partnership reports £55m first-half loss The John Lewis Partnership reported a first-half loss of £55m and said the hit to trading from the pandemic had left it in the same position as it was after World War Two - unable to pay a bonus to staff. Business • 17 Sep 20
John Lewis Partnership reports £55m first-half loss The John Lewis Partnership reported a first-half loss of £55m and said the hit to trading from the pandemic had left it in the same position as it was after World War Two - unable to pay a bonus to staff. Business • 17 Sep 20
Ocado sees retail sales soar 52% in latest quarter Ocado Group, the UK online supermarket and technology group, said today that Ocado Retail's revenue rose 52% in the 13 weeks to August 30, with the coronavirus pandemic generating huge demand for online deliveries. Business • 15 Sep 20
Ocado sees retail sales soar 52% in latest quarter Ocado Group, the UK online supermarket and technology group, said today that Ocado Retail's revenue rose 52% in the 13 weeks to August 30, with the coronavirus pandemic generating huge demand for online deliveries. Business • 15 Sep 20
Full-year sales at John Lewis stores could fall by 35% John Lewis Partnership warned today that sales at its department stores division could crash by 35% this year in a worst case scenario for the coronavirus crisis. Business • 21 Apr 20
Full-year sales at John Lewis stores could fall by 35% John Lewis Partnership warned today that sales at its department stores division could crash by 35% this year in a worst case scenario for the coronavirus crisis. Business • 21 Apr 20
John Lewis may ditch bonus for first time in 67 years John Lewis Partnership has cut its annual profit forecast after weak Christmas sales and said the head of its department stores would go, laying bare the pressure facing one of Britain's best known store chains. Business • 09 Jan 20
John Lewis may ditch bonus for first time in 67 years John Lewis Partnership has cut its annual profit forecast after weak Christmas sales and said the head of its department stores would go, laying bare the pressure facing one of Britain's best known store chains. Business • 09 Jan 20
Brexit - no worries for loo roll but fruit could be hit Britain is unlikely to run out of essentials like toilet paper in the event of a no-deal Brexit but some fresh fruit and vegetables could be in short supply and prices might rise, supermarket bosses warned today. Business • 12 Sep 19
Brexit - no worries for loo roll but fruit could be hit Britain is unlikely to run out of essentials like toilet paper in the event of a no-deal Brexit but some fresh fruit and vegetables could be in short supply and prices might rise, supermarket bosses warned today. Business • 12 Sep 19
John Lewis warns no-deal Brexit hit may be significant UK retailer John Lewis said a possible no-deal Brexit could worsen already difficult trading conditions after first-half operating losses at the group's department stores widened and that the impact could be "significant". Business • 12 Sep 19
John Lewis warns no-deal Brexit hit may be significant UK retailer John Lewis said a possible no-deal Brexit could worsen already difficult trading conditions after first-half operating losses at the group's department stores widened and that the impact could be "significant". Business • 12 Sep 19
M&S in tie-up talks with Ocado to take its food online Marks & Spencer is in talks with Ocado to form a joint venture that would give M&S a full online food delivery service for the first time, sending shares in both companies surging today. Business • 26 Feb 19
M&S in tie-up talks with Ocado to take its food online Marks & Spencer is in talks with Ocado to form a joint venture that would give M&S a full online food delivery service for the first time, sending shares in both companies surging today. Business • 26 Feb 19
Ocado says partnerships to hit profits short term UK online supermarket Ocado said today that investment in its partnership deals would hit short-term profits, while remaining tight-lipped about media reports of tie-up talks with Marks & Spencer. Business • 05 Feb 19
Ocado says partnerships to hit profits short term UK online supermarket Ocado said today that investment in its partnership deals would hit short-term profits, while remaining tight-lipped about media reports of tie-up talks with Marks & Spencer. Business • 05 Feb 19
M&S, Ocado shares rise on report of food delivery deal Shares in British retailer Marks & Spencer and online supermarket rose sharply today on the back of a Sunday newspaper report that they are in talks on the launch of an M&S food delivery service. Business • 28 Jan 19
M&S, Ocado shares rise on report of food delivery deal Shares in British retailer Marks & Spencer and online supermarket rose sharply today on the back of a Sunday newspaper report that they are in talks on the launch of an M&S food delivery service. Business • 28 Jan 19
John Lewis's first-half profit slumps 99% Profit at department store group John Lewis Partnership was wiped out in the first half as it was forced to match discounting by its struggling rivals on a fiercely competitive high street. Business • 13 Sep 18
John Lewis's first-half profit slumps 99% Profit at department store group John Lewis Partnership was wiped out in the first half as it was forced to match discounting by its struggling rivals on a fiercely competitive high street. Business • 13 Sep 18
John Lewis' half year profits slump 74% UK retailer John Lewis said it was taking an exceptional charge of £25m after deciding to write down property assets it no longer plans to develop for its upmarket grocer Waitrose. Business • 15 Sep 16
John Lewis' half year profits slump 74% UK retailer John Lewis said it was taking an exceptional charge of £25m after deciding to write down property assets it no longer plans to develop for its upmarket grocer Waitrose. Business • 15 Sep 16
Aldi overtakes Waitrose in British market Discount supermarket Aldi has overtaken upmarket rival Waitrose to become Britain’s sixth largest grocer, industry figures have shown. Business • 08 Apr 15
Aldi overtakes Waitrose in British market Discount supermarket Aldi has overtaken upmarket rival Waitrose to become Britain’s sixth largest grocer, industry figures have shown. Business • 08 Apr 15
Supermarket price war hits profits at John Lewis Britain's John Lewis Partnership posted a 9% fall in underlying profit today after an industry price war hit its Waitrose supermarket business. Business • 12 Mar 15
Supermarket price war hits profits at John Lewis Britain's John Lewis Partnership posted a 9% fall in underlying profit today after an industry price war hit its Waitrose supermarket business. Business • 12 Mar 15
