John Lewis losses widen to £124m as shopper confidence dips
John Lewis blamed the figures on its continued investment, a more difficult trading environment and higher costs. Photograph: Paul Grover/PAView image in fullscreenJohn Lewis blamed the figures on its continued investment, a more difficult trading environment and higher costs. Overall half-year sales rose 2% to £6.3bn.The drop in profit comes after Peter Ruis, head of the department store arm, said last month he would step down after less than three years in the role.
- ▪John Lewis blamed the figures on its continued investment, a more difficult trading environment and higher costs.
- ▪Photograph: Paul Grover/PAView image in fullscreenJohn Lewis blamed the figures on its continued investment, a more difficult trading environment and higher costs.
- ▪Overall half-year sales rose 2% to £6.3bn.The drop in profit comes after Peter Ruis, head of the department store arm, said last month he would step down after less than three years in the role.
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| Original publisher | World news | The Guardian |
| Canonical URL | https://www.theguardian.com/business/2026/sep/10/john-lewis-losses-double-shopper-confidence-weakens-waitrose |
| Publication time | Thu, 10 Sep 2026 11:13:17 GMT |
| Retrieval time | 2026-09-10T07:22:00.742Z |
| Last seen | 2026-09-10T07:22:00.742Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | None |
| Cluster logic | Not yet clustered, or no peer story found in the clustering window. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
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| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
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John Lewis blamed the figures on its continued investment, a more difficult trading environment and higher costs. Photograph: Paul Grover/PAView image in fullscreenJohn Lewis blamed the figures on its continued investment, a more difficult trading environment and higher costs. Photograph: Paul Grover/PAJohn LewisJohn Lewis losses widen to £124m as shopper confidence dips Retailer says higher costs also hit first-half figures as group pursues its turnaround plan, though Waitrose grew sales Lauren AlmeidaThu 10 Sep 2026 02.39 EDTLast modified on Thu 10 Sep 2026 02.46 EDTSharePrefer the Guardian on GoogleLosses at the owner of John Lewis and Waitrose widened by more than 40% in the first half of the year as it struggled with higher costs and with shoppers feeling less confident about their…
Excerpt limited to ~120 words for fair-use compliance. The full article is at World news | The Guardian.
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