John Lewis Losses Triple: Is a Comeback Possible?

John Lewis' losses have nearly tripled to £88 million due to new taxes and rising costs, but a major investment in store upgrades aims to boost customer satisfaction and set the stage for a comeback. Sales are up, and internal documents hint at the return of the staff bonus if the company hits a £200 million pre-tax profit target by 2026, fueling optimism for the retailer's turnaround plan. Hosted on Acast. See acast.com/privacy for more information.