John Lewis losses widen to £124m as shopper confidence dips

What happened

Retailer says higher costs also hit first-half figures as group pursues its turnaround plan, though Waitrose grew sales Losses at the owner of John Lewis and Waitrose widened by more than 40% in the first half of the year as it struggled with higher costs and with shoppers feeling less confident about their money. The John Lewis Partnership, which operates 36 department stores and more than 300 Waitrose supermarkets…

Summary assembled by rule from the sources below

Sources