Britain's John Lewis to increase digital focus and diversify


Reuters | London | Updated: 16-10-2020 12:31 IST | Created: 16-10-2020 12:31 IST
Britain's John Lewis to increase digital focus and diversify
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  • United Kingdom

British retailer the John Lewis Partnership will increase its online focus, diversify beyond retail and seek partnerships as it aims to recover profitability, it said on Friday.

Detailing a five-year plan to grow the employee-owned department stores and the Waitrose supermarket group, Chairman Sharon White said the plan aims to lift profit to 400 million pounds ($515 million) by year five. ($1 = 0.7762 pounds)

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