John Lewis

Around 200 jobs could be at risk after John Lewis announced plans to close its in-store foreign exchange services and dedicated gift-wrapping areas as part of efforts to modernise its operations. The retailer confirmed that no final decision has been made and that it has begun a consultation process with affected employees. If approved, the…

The John Lewis Partnership has reported a sharp rise in half-year losses, nearly tripling to £88 million as the company battles soaring costs and sluggish consumer spending. The employee-owned group, which operates John Lewis department stores and Waitrose supermarkets, said pre-tax losses before exceptional items rose from £30 million a year earlier to £88 million…