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Tag: failed

John Lewis is not in a crisis – it has failed to adapt | Nils Pratley | Business

In John Lewis’s Christmas advert, a fire-breathing CGI dragon caused havoc. Peak-season trading at the employee-owned business wasn’t quite that bad because Waitrose is destined to record same-again profits for the full year of £200m-ish. But profits at the department stores are unrecognisable. The phrase “substantially lower” than last year’s £115m probably implies a profit …

John Lewis is not in a crisis – it has failed to adapt | Nils Pratley | BusinessRead More