Britain's John Lewis upbeat on Christmas prospects despite first-half loss

Sales boost fails to lift John Lewis profits

Losses at John Lewis widened in the first half of the year but there is some speculation that the annual staff bonus may return in the spring

John Lewis losses nearly triple to £88m

The owner of the eponymous department store and Waitrose expects the business to return to profit.

John Lewis: Losses widen but has the ‘darling of the middle classes’ turned a corner?

“Our clear focus on accelerating investment in our customers and our brands is working” – Jason Tarry, chairman

John Lewis blames £88million loss on Budget tax hikes and new levies

The John Lewis Partnership has reported an £88million loss in the first half of the year.Management pointed directly at government tax increases as a key reason for the decline.The employee-owned retail group, which runs John Lewis department stores and Waitrose supermarkets, blamed rises in national insurance contributions and new packaging levies.These costs were introduced after last year’s autumn Budget.The additional charges created a signi…

Losses widen at John Lewis Partnership after Budget tax increases

However, the employee-owned group said it is still ‘well positioned’ to deliver profit growth for the full year.

Britain's John Lewis upbeat on Christmas prospects despite first-half loss

British retailer the John Lewis Partnership posted a deeper first-half loss but struck an upbeat tone on its Christmas prospects, citing rising customer numbers, and forecast full year profit growth.