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The pandemic normalised having our groceries and takeaways brought to our doors on a daily basis – and now it’s here to stay

A narrow-fronted shop that had once been a tobacconist's was the unprepossessing site chosen by a young man called John Lewis as the location of his drapery business in 1864.

By Alec Mattinson2021-05-07T06:52:00+01:00 Waitrose posted record levels of profits last year, according to newly filed accounts, as sales boomed during a period in which it benefited from controversial government business rates relief. Annual accounts for Waitrose Ltd at Companies House show pre-exceptional operating profits surged by 71% to £277.5m in the year ending 30 January 2021. This is the highest figure on record, top ping s the £261m in achieved in 2013 before the discounter price war. Profits on ordinary activities before taxation were also at record levels, despite more than �...

John Lewis as you knew it is already dead Reeling from a massive pandemic-induced loss, boss Sharon White is throwing everything at the company’s survival 11 March 2021 • 12:59pm This article is from The Telegraph’s City Intelligence newsletter. Sign up here for incisive analysis of the day's biggest corporate story from our chief City commentator Ben Marlow. John Lewis as you know it is already dead. The pandemic has seen to that. Middle England's favourite retailer was in trouble before Covid swept through the high street but the downturn has left it facing an existential crisis.  ...

2. How many stores will close? John Lewis has already said it will shut eight stores, but is expected to add at least another eight to that total in a bid to slash costs as more shoppers buy online.   The chain would be left with 34 stores, down from 42, putting thousands more jobs at risk. The employee-owned firm has more than 70,000 staff and 417 Waitrose branches in addition to John Lewis sites.  The Partnership sunk to a half-year loss of £635m in its most recent results, which prompted it to ditch the annual staff bonus for the first time since 1953. In January, the retailer reporte...