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

  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

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]

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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 👎

United States United States Latest News, United States United States Headlines