The John Lewis Partnership is preparing to close another raft of department stores as chairwoman Dame Sharon White takes more drastic measures to slash costs.
Up to eight John Lewis stores could be shut permanently, with the chain’s bigger, older shops thought to be most at risk. The final number of closures is yet to be determined as it is subject to negotiations with landlords. In some instances John Lewis may close a store but relocate to a smaller property nearby.
The plan marks another traumatic development for the partnership as it battles to shore up its stretched finances. John Lewis announced eight store closures last July, eliminating 1,300 roles, and is in the process of cutting a further 1,500 jobs at head office. The
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2021-02-21 00:01:00Z
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