John Lewis plans to permanently shut eight more shops with 1,465 jobs at risk.
It comes after the retailer posted a £517million loss for last year due to the COVID-19
crisis. the company first warned it’d shut more stores earlier this month – and it’s now
revealed which shops are affected.
The eight shops set to close are located in cities and towns including Ashford,
Peterborough and York – you can check out the full list below.
- Ashford (At Home store)
- Basingstoke (At Home store)
- Chester (At Home store)
- Tunbridge Wells (At Home store)
John Lewis’ remaining 34 shops in England will then reopen from April 12, subject to
The John Lewis Partnership, which also includes Waitrose, said it’ll enter a consultation
with the 1,465 workers at risk of losing their jobs.
It added that it’ll aim to find alternative roles within the group for as many staff
members as possible.
John Lewis has been buoyed by soaring online sales in recent months but these were
not sufficient to offset its decline in-store sales as it tumbled to a £517 million pre-tax
loss for the year to January.
It was the first loss in the group’s history dating back to 1864.
Earlier this month, the John Lewis Partnership confirmed it would shut more sites and
said its partners would not receive an annual bonus for the first time in 68 years.
It said it expects its financials to get worse over the current financial year as it continues
its shake-up and warned staff they are not expected to receive a bonus until 2022-23.