The John Lewis Partnership has blamed inflation for delaying its turnaround plan by two years, meaning its targets will only be reached in 2027/28.
On Christmas trading: John Lewis Partnership bosses said the consumer environment was still “reasonably tough” but they were hearing that people are very much looking forward to a good celebration at Christmas, and expected the shopping season to be a “good event” with “great availability.”
“We, as a team, feel we have the right skills and capability to deliver the performance that we need,” they added.