Tag: Lewis

John Lewis to pull ‘Never knowingly undersold’ pledge

Image copyright John Lewis Image caption Sharon White became chief executive of John Lewis in February John Lewis is planning to replace its famous promise to match rivals’ prices as its new boss plans radical changes to the business. “Never knowingly undersold” has become harder to defend as competition from online retailers has become ever tougher. The new chief executive… Read more →

John Lewis to close eight stores permanently

John Lewis has announced it is permanently closing eight of its stores, putting 1,300 workers at risk. The retailer said it had to “secure the business’s long-term future and respond to customers’ shopping needs”. Department stores in Birmingham and Watford will not reopen as the coronavirus lockdown eases. At Home stores in Croydon, Newbury, Swindon and Tamworth will also shut… Read more →