UK's John Lewis to run department stores and Waitrose as one business

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Britain's John Lewis Partnership [JLPLC.UL] will cut a third of its senior ...

LONDON - Britain’s John Lewis Partnership [JLPLC.UL] will cut a third of its senior management roles as part of a plan to run its eponymous department stores and its Waitrose upmarket supermarket chain as a single business.

Many British retail chains are going out of business or closing stores in the face of subdued consumer spending and a shift to online shopping. Mayfield is being succeeded by Sharon White, the current head of UK telecoms and media regulator Ofcom, at the start of next year. [nL8N23D3VX]

 

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Not surprising as they have implemented uk pc parking restrictions and I was sitting behind a lady on the beach who had forgotten her purse so she couldn’t return to shop. Plus they normally have a high street prescence you would think they would be supporting the high street 👎

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