Feb 22, 2021
John Lewis considers closing more stores
John Lewis is considering more store closures as it tries to cut costs and adapt to the boom in online shopping. Up to another eight department stores may permanently close, on top of the eight stores it shut last year, which included two small travel hub shops at Heathrow and St Pancras. The rise in internet shopping, exacerbated by various lockdown measures amid coronavirus, has forced John Lewis to rethink how many stores it needs. In July last year, John Lewis announced it was closing its stores in Birmingham, Croydon, Watford, Newbury, Swindon and Tamworth, as well as the smaller hubs at St Pancras and Heathrow, with the loss of 1,300 jobs. Any announcement on further store closures could come next month, when the John Lewis Partnership, which includes Waitrose, announces its annual results on 11 March.
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