One of Oxford Street’s historic department stores is being redeveloped with the plans that have just been approved being another sign of how retail on what was once Europe’s busiest shopping street has changed forever.
John Lewis has released its Christmas 2021 campaign with an ad called ‘Unexpected Guest’. It’s described as “a joyful story of friendship, which celebrates the magic of Christmas moments experienced for the first time”.
Linking future financing to building for a sustainable future is a key issue for the John Lewis Partnership. So the UK retail giant has signed a new £420 million credit facility with repayments based on its eco targets.
Here’s some news the UK high street might not want to hear. Some 21% of Britons think physical retail isn’t worth saving, preferring to do most or all of their shopping online, a new study from Savoo claims.