×
1 868
Fashion Jobs
TK MAXX
Loss Prevention Officer - tk Maxx Bristol
Permanent · Bristol
LONDON CONTOUR EXPERTS
Marketing Executive/Junior Manager
Permanent · LONDON
ESTÉE LAUDER
Tom Ford - Business Manager - Flannels - Fosse Park, Leicester - 37.5 Hours - Full-Time - Permanent
Permanent · Leicester
VF INTERNATIONAL
International Account Coordinator - Ftc 12 Month
Permanent · NOTTINGHAM
TIMBERLAND
Credit Controller - German Speaking - Timberland
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - Italian Speaking - The North Face
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - French Speaking - The North Face
Permanent · CALVERTON
PINKO
Supervisor
Permanent · MANCHESTER
RALPH LAUREN
Operations Manager
Permanent · Cheshire
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - Sprucefield - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Edinburgh, John Lewis - 37 Hours - Full-Time, Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - Sprucefield - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - House of Fraser, Maidstone - 15 Hours - Part Time, Permanent
Permanent · Maidstone
ESTÉE LAUDER
Clinique - Consultant - Boots, Princes Street, Edinburgh - 14 Hours - Part Time - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
HUGO BOSS
Wholesale - Senior Sales Executive - Hugo Womenswear
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Edinburgh - 16 Hours - Part Time, Permanent
Permanent · Edinburgh
SHISEIDO
Marketing Director - Shiseido, Clé de Peau Beauté, Drunk Elephant
Permanent · London
REISS
Buying Admin Assistant
Permanent · LONDON
Advertisements
Published
Feb 22, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

John Lewis could close more stores - report

Published
Feb 22, 2021

John Lewis could be planning to close a number of regional department stores as the move towards online shopping continues to accelerate. The company hasn't commented, but a report at the weekend suggested that it's looking at the closure of up to eight of its remaining 42 departments stores.


John Lewis



The Sunday Times said that the final number of store closures hadn't been decided on and is subject to talks with landlords.

It also said that older, bigger stores could be at risk with suggestions that Liverpool, Cambridge, Southampton, Norwich, Nottingham, and Newcastle could be among those on the hit-list.

Confirmation of the plan could come next month. The stores are currently closed due to the UK lockdown but the new strategy means that they may never reopen, or if they do, it could be for a limited period of closing down clearance. 

Last year, the company took the big step of closing stores in Watford, Croydon, Swindon, Tamworth, Newbury, Heathrow, London St Pancras, and Birmingham. The last three of the stores has only opened in 2014 and 2015.

These closures mean the loss of around 1,300 jobs on top of the 1,500 head office roles that the company is also cutting. If eight more stores close, a similar number of jobs could be shed.

The company had been expanding its store portfolio for the John Lewis chain in recent years. But even before the pandemic, it had seemed likely that it would face a challenge at some point as it was one of the earliest retail names to ramp up its online offer very quickly. A combined strategy of expensive new stores and a rapid increase in its online operations seems illogical, with the benefit of hindsight.

Online sales at the John Lewis operation had already been running at around 40% of total retail sales pre-pandemic, but they’re now around 60% of the total and could reach 70% longer term.

A pre-Covid review of the portfolio under the company’s previous chairman reportedly found that up to 20 of its shops wouldn't be viable in the new world.

Copyright © 2021 FashionNetwork.com All rights reserved.