John Lewis to close eight more stores putting 1,465 jobs at risk
JOHN Lewis will be closing eight more stores permanently, putting 1,465 jobs at risk across the company.
The John Lewis store at West Quay Shopping Center in Southampton is now the only one nearby for Salisbury shoppers.
The department store retailer told staff on Wednesday morning (March 24) that it will not reopen stores after the lockdown is lifted as it undergoes a major shift in strategy to adapt to changing shopping habits. ‘purchase.
The eight stores slated to close include four At Home stores in Ashford, Basingstoke, Chester and Tunbridge Wells and four department stores in Aberdeen, Peterborough, Sheffield and York.
The partnership also said it expects its finances to deteriorate in the current fiscal year as it continues with its reshuffle, and has warned staff – including those at Salisbury’s Waitrose – that they are not expected to receive any bonuses until 2022-2023.
Waitrose Salisbury. Photo by Tom Grégoire.
First losses since 1864
It said its 34 remaining John Lewis stores in England would reopen from April 12 subject to government guidance. Its Glasgow store will open on April 26 and Edinburgh on May 14.
The announcement came eight months after the Main Street Pier closed eight other stores, which cut around 1,300 jobs, in the first step of a major overhaul.
John Lewis Partnership also announced on Wednesday that it would transfer operations of its Waitrose distribution center in Leyland, Lancashire, to XPO Logistics.
He said 436 Waitrose employees at the site will be transferred to XPO.
John Lewis has been supported by the surge in online sales in recent months, but these were not enough to offset the drop in in-store sales as they fell to a pre-tax loss of £ 517million for the year up to January.
This is the first defeat in the history of the group since 1864.
Earlier this month, the John Lewis Partnership confirmed it would shut down more sites and said its partners would not receive an annual bonus for the first time in 68 years.
Last year, the company announced separate plans to cut about 1,500 head office jobs in order to cut costs.
The move was aimed at helping the company save around £ 50million as part of larger plans to cut total costs by £ 300million.
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