Financial woes, cost of living crisis and tougher competition are among problems that have led to expected second ever full-year loss
It is tough times at the checkout of John Lewis and its sister chain, Waitrose, as the staff-owned retail group is expected to report its second ever full-year loss later this month.
The retailer is parting ways with the head of its department store chain and the celebrity chef Heston Blumenthal, who cooked up orange-filled Christmas puddings and other eccentric treats for Waitrose. Things have got so sticky even the staff golf course is for the chop.
