John Lewis Partnership Results: Online Now Accounts For 60% Of Sales And Partners To Receive No Bonus squib

Half year results highlights why the business is at such a critical juncture: “Before the crisis we believed that shops contributed around £6 of every £10 spent online. We now think that figure is, on average around £3. This has the effect of reducing the book value of John Lewis shops by £470m.”
Scroll for more
Continue reading on Forbes...
Tags: