September 26, 2016 8:06 PM ET

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Company Overview of John Lewis Partnership plc

Company Overview

John Lewis Partnership plc engages in the retail business in the United Kingdom. It operates stores under the John Lewis and Waitrose brands. Its John Lewis stores offer fashion, home, electrical, and home technology assortments; gifts; and insurance products, including home, car, travel, and wedding and event insurance. The company’s Waitrose stores provide a range of products comprising nutritious meals, snacks, drinks, groceries, vegetables, and milk. It also provides weaving and making up services; and car finance services. In addition, the company is involved in property holding operations. It operates 32 John Lewis department stores, 12 John Lewis at home stores, and 2 Heathrow termina...

171 Victoria Street

London,  SW1E 5NN

United Kingdom

Founded in 1864

88,900 Employees

Key Executives for John Lewis Partnership plc

Managing Director and Executive Director
Age: 52
Finance Director and Executive Director
Operations Director
Head of Branch and Group Director of Communications
Head of Branch of John Lewis Bluewater, Director, Member of Chairmans Nominations Committee and Member of Audit & Risk Committee
Age: 52
Compensation as of Fiscal Year 2016.

John Lewis Partnership plc Key Developments

John Lewis Partnership plc Announces Unaudited Consolidated Earnings Results for the Half Year Ended June 30, 2016

John Lewis Partnership plc announced unaudited consolidated earnings results for the half year ended June 30, 2016. For the period, the company reported revenue of GBP 4,671.4 million against GBP 4,547.2 million a year ago. Operating profit before exceptional item was GBP 138.7 million against GBP 144.9 million a year ago. Operating profit was GBP 113.7 million against GBP 272.9 million a year ago. Profit before tax was GBP 56.9 million against GBP 224.0 million a year ago. Profit for the period was GBP 42 million against GBP 172.5 million a year ago. Net cash generated from operating activities was GBP 34.5 million against GBP 184.7 million a year ago. Purchase of property, plant and equipment was GBP 131.2 million against GBP 166.8 million a year ago. Purchase of intangible assets was GBP 69.3 million against GBP 71.1 million a year ago. Total net debt was GBP 549.3 million.

John Lewis Partnership Opens New Store in Chelmsford, Massachusetts

John Lewis partnership has announced the opening of a new store in Chelmsford, Massachusetts, effective September 29, 2016. John Lewis Chelmsford's 90,000 sq ft shop represents a GBP 18 million investment in Chelmsford by the retailer. As well as offering more than 65,000 fashion, beauty, home and electrical products, the shop will bring together the retailer's best services, including a beauty treatment room, a Foreign Exchange bureau and a Nursery Advice service. Customers will also be able to take advantage of John Lewis's click & collect facility and benefit from 20 minutes free parking in the Bond Street car parks.

John Lewis Partnership plc announces Re-Launch of Business Account Card

John Lewis Partnership Plc. has announced the relaunch of Business Account Card. This follows the relaunch of John Lewis for Business, the retailer's B2B arm, last year and the continuing growth of Waitrose's B2B division. The John Lewis and Waitrose Business Account Card is a charge card created for companies, including sole traders, to make purchases at John Lewis, Waitrose and John Lewis for Business, which allows trade customers to purchase products across John Lewis' and Waitrose's product range at discounted prices. The Business Account Card has been relaunched in partnership with digital services and payments provider Worldline UK and will offer account holders an enhanced service offering including: Increased online account accessibility; Detailed VAT reporting; Ability to set up subaccounts and multiple cardholders; Selfservice account management; and Quarterly rebates based on accrued spend.

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