Waitrose boosts vegan range with new potato milk
Soy, almond, oat and pea milk alternatives are facing a new competitor
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PRIVATE:JLP
The John Lewis Partnership's 84,000 Partners own the leading UK retail businesses - John Lewis and Waitrose. Our founder's vision of a successful business powered by its people and its principles defines our unique company today. The profits and benefits created by our success are shared by all our Partners.
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Soy, almond, oat and pea milk alternatives are facing a new competitor
Crocs and rugs and forward rolls (on the trampoline) were a feature of the year of lockdown.
Customers are returning to stores for larger items such as furniture and beds, and ‘take with you’ items like stationery and gifts, but not in the same numbers as before the pandemic, the group said
JLP said it wants to take on 550 permanent full-time drivers and warehouse workers
Chair Sharon White wants 40% of revenues from non-shopping activities by 2030
A spokesperson for the employee-owned partnership explained that the issue arose because the partnership smooths pay so that partners with variable pay get the same amount each month
16 John Lewis stores have closed their doors over the past twelve months
Chair Sharon White said the business must adapt or die
“We expect 60% to 70% of John Lewis sales to be made online in the future. Nearly 50% of our customers now use a combination of both store and online when making a purchase,” it said
Strip out the write-down in the value of its retail estate and the retailer actually made a profit but the money spent on that retail estate is now water down the drain
The £300mln Covid Corporate Financing Facility was due for repayment in mid-March
“While we recognise that the detail of formal guidance has not changed, we feel it is right for us"
John Lewis this year scrapped its staff bonus for the first time since the Second World War
Chair Sharon White said its long-standing slogan will be replaced next year by a new value pledge.
The partnership may reveal major changes at its department stores and online platform
Waitrose saw buoyant grocery demand through the lockdown period
The grocery chain has been a bright spot in an otherwise bleak picture at the staff-owned retailer,
As the effects of the pandemic ripple across the economy, firms across multiple industries have been forced to cut back sharply on staff numbers to save cash
Shops marked for closure include one of the group's flagship outlets at the Bullring Shopping Centre in Birmingham
White said it was possible going forward to envisage between 60-70% of future sales being online.