This ad will be closed automatically in X seconds.

Not All John Lewis Stores Will Re-Open

In a very difficult year, with the possibility of a further eight John Lewis store closures likely to impact on the supply chain – which includes many gift and homewares suppliers – the John Lewis Partnership has announced a loss of £517m before tax for the financial year which ended on January 2021, compared to a profit before tax of £146m in the previous year.

“This is the result of substantial exceptional costs, mainly the write down in the value of John Lewis shops owing to the pronounced shift to online, as well as restructuring and redundancy costs from store closures and changes to our head office,” explained John Lewis Partnership’s chairman Sharon White. “We are going through the greatest scale of change in the Partnership’s 156-year history. has grown significantly in the financial year, up 73%, equating to three quarters of the brand’s sales, from 40% before the crisis.”

Above: The John Lewis & Partner’s chairman Sharon White.
Above: The John Lewis & Partner’s chairman Sharon White.

Looking to the year ahead, John Lewis’ five-year plan will include destination storesalongside smaller format “best of John Lewis” stores, plus the likely roll out of John Lewis areas within Waitrose stores which are currently being trialled in Horley, Godalming, Lincoln, Lymington and  Wallingford.

“It’s really exciting to be working closely with Waitrose on stocking more and more John Lewis products in their stores,” Sara Allbright, John Lewis Partnership’s buyer for Gifts and Candleshop, told  “This year will see several new ranges of John Lewis branded home fragrance launch in store alongside collaborative working on all the big seasonal events.”

If successful, the John Lewis ‘mini’ stores will go into a significant number of Waitrose’s 331 shops, with all general merchandise in Waitrose shops sourced from John Lewis.


Top: John Lewis’ flagship Oxford Street store.

Open (1)
There was huge swell of local support for gift retailers as they re-opened their shops on Monday...
On the day his stores re-opened, retail tycoon Theo Paphitis shared his views with Sky News’ Dermot Murnaghan...
The finalists in The Small Awards, organised by Best Small Business Britain, have been revealed...
Leading brands, companies and individuals join POC as part of their sustainable journey...
PGH (1)
The March/April issue of Progressive Gifts & Home is available to read now, bursting with insightful news, views galore, up-to-the-minute features and the newest product launches....
As non-essential retailers get ready to re-open on Monday, a trio of gift shops reveal what they’ve been doing to ensure that they open their stores with a bang...
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.