John Lewis issues profit warning and closes Waitrose stores

By Richard Hook2018-06-27T09:58:00

John Lewis Partnership has issued a profit warning saying it expected its profits in the first half of the year would be “close to zero”.

John Lewis Parnership, which owns John Lewis and Waitrose, made £26.6m in the first half of last-year and cautioned that the fall in profits “isn’t a blip”.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

Access up to four FREE articles per month
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue