Hints and tips:
...Lewis said he did not have “any formal involvement” with Morrisons or MFG....
...A John Lewis Partnership spokesperson said: “The survey is one important way of hearing how our partners are feeling, which is core to our democratic principles....
...John Lewis said its “plan is working”, as “demonstrated by our return to profit”....
...Tesco veteran Jason Tarry will replace Dame Sharon White as chair of John Lewis and Waitrose....
...The owner of John Lewis and Waitrose has returned to profit after three years of annual losses, in an early sign that chair Dame Sharon White’s turnaround plan is working....
...White, who said last year she would leave John Lewis, will “support the transition as required”, the group said on Monday....
...Sales at John Lewis were down 4 per cent to £4.8bn. Trading operating profit improved by £170mn to £1bn at Waitrose, while at John Lewis it rose by £13mn to £689mn year on year....
...M&S and John Lewis, they will have to run faster.” M&S cannot afford distractions....
...In its report, Glass Lewis acknowledged the “extensive consultation process” with shareholders regarding pay that was undertaken by the board in 2023....
...John Lewis Partnership declined to comment....
...Murphy said his supermarket was not focused on winning customers from “any one retailer” and brushed off suggestions that the arrival of Tesco veteran Jason Tarry at John Lewis, the owner of Waitrose, would...
...Retailers including Primark and John Lewis have previously warned that crime is squeezing profits....
...John Lewis declined to comment....
...Dame Sharon White will step down as chair of John Lewis and Waitrose in 2025 as part of an “orderly succession process”....
...John Lewis shut 16 stores during the pandemic, cutting the total to 34 as it implements a protracted turnaround plan....
...The senior John Lewis employee argued the strategy was right, but execution needed to pick up pace....
...John Lewis has warned that it will take a further two years to complete a turnaround of the department store and supermarket group, as it posted another loss for the first half of the year....
...“Most jurisdictions have yet to regulate crypto firms in line with global standards, so we can expect further fines to come in this area,” said David Lewis, a former head of the Financial Action Task Force...
...Total group sales were £5.8bn in the six-month period, up 2 per cent year on year, with Waitrose sales up 4 per cent but those at John Lewis down 2 per cent....
...John Lewis, which also owns Waitrose, is seeking to make 40 per cent of profits from outside of retail by 2030....
...Retailers including Primark and John Lewis have recently warned that crime is squeezing profits....
...John Lewis has also been adding more brands to its offering recently. Wolfson believes that giving customers more choice will prevent them from defecting to competitors....
...John Lewis Partnership also owns the eponymous department store chain....
...Read more on John Lewis here...
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