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John Lewis Boss ‘Optimistic’ for Christmas Despite ‘Perma Crisis Externally’
The retailer is investing £800 million in shops and digital channels as about 60% of sales move online, John Lewis said.
Summary by Evening Standard
7 Articles
7 Articles
John Lewis boss: UK economy facing a ‘permacrisis’
The boss of John Lewis has warned that the UK economy is locked in a “permacrisis” as he urged the government not to hike business rates on large retailers. Peter Ruis, the outgoing managing director of the retail giant, said that British businesses are facing a “permacrisis externally [which] isn’t going to go away”. Last [...]
·London, United Kingdom
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John Lewis boss remains ‘optimistic’ on Christmas despite pressure on consumers
The outgoing chief executive of John Lewis has said he remains “optimistic” about the crucial Christmas trading season, despite what he described as a “perma crisis externally” weighing on household… The post John Lewis boss remains ‘optimistic’ on Christmas despite pressure on consumers appeared first on London Business News
Coverage Details
Total News Sources7
Leaning Left3Leaning Right0Center3Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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