This ad will be closed automatically in X seconds.

John Lewis & Partners Unveils A Bold Five Year Plan

A five year plan unveiled by the John Lewis Partnership last Friday (October 16) is setting out to make John Lewis and Waitrose the ‘go to’ brands for quality, value and sustainability. The retailer is committing £1bn over the next five years to accelerate its online business and transform shops, making it easier for customers to shop digitally. It’s aim is to become a 60-70% online retailer by 2025.

“We’ve seen five years of change in the past five months,” states Dame Sharon White, chairman of the John Lewis Partnership. “Our plan means the Partnership will thrive for the next century as it has the last. We’re adapting successfully to how customers want to shop today, while showing the Partnership is improving lives and building a more sustainable future.”

Above: Dame Sharon White, chairman of the John Lewis Partnership.
Above: Dame Sharon White, chairman of the John Lewis Partnership.

Plans for John Lews include relaunching its Home range in the Spring, and introducing more affordable price points to reinforce fair value, broadening the retailer’s appeal to more customers. The retailer will also be leading the ‘made to last’ movement, with allproduct categories having a ‘buy back’ or ‘take back’ solution by 2025. All key raw materials in own-brand products will be from sustainable or recycled sources by 2025, and there will also be sustainable rental and resale options for customers.

In addition, John Lewis and Waitrose will work more closely together, in store and online, with John Lewis more accessible locally in different formats. John Lewis will also focus on meeting the needs of families in store and online. Both brands will also add  local assortments that reflect the diversity of their customers.

Taking into account uncertain trading, the plan aims to see the John Lewis Partnership reach £400m profit by 2025.

 

Top: The John Lewis Partnership has unveiled a bold, new five year plan to transform the retailer’s fortunes.

MORE NEWS
Fenwick
 
They will be revealed to the public today, soundtracked by a bespoke rendition of the classic Christmas carol...
75
 
“Christmas 2025 is a much more lavish affair these days, with new American and European traditions added to the UK’s own”...
Look_out
 
“With qualified help and advice the licensing journey can prove to be a rewarding voyage for retailers - big or small”...
 
Home fragrance and wellbeing company CAHM has opened a shop at Sunny Bank Mills...
SwanMill_Gifted
 
David Byk adds the stationery and calendar company to Ling, GBCC and Penny Kennedy group...
Chancellor.
 
Gift retailers left reeling from triple blow of business rates doubling, employer National Insurance rising and the minimum wage increasing...
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.