Resale and rental have become hot initiatives among retailers. The intention is to cater to consumers’ changing preferences and values, while also mitigating the effects of inflation. But are these initiatives panning out? We’ll find out at the next earnings call for some of the...
The John Lewis Partnership, as well as the Lloyds Banking Group, have unveiled intentions to eliminate hundreds of positions, according to the BBC. John Lewis indicates that it will cut as many as 1,500 positions at its head office as it takes additional measures to...
Lawmakers will have to wait to question the CEOs from Amazon, Apple, Facebook and Google. The much-anticipated hearing scheduled before the House Judiciary Committee and the Antitrust Subcommittee on Monday (July 27) is expected to be postponed. A memorial service for the late Rep. John...
After realizing that shoppers would not likely go back to their old habits following a pandemic that has reshaped retail, two large United Kingdom retailers said they would eliminate over 5,000 positions, Reuters reported. Department store John Lewis could lose 1,300 positions and shutter eight...
August 09, 2023
British department store company John Lewis Partnership is the latest retailer investing in artificial intelligence (AI). The company has undertaken a 100 million pound (about $127 million) partnership with Google Cloud as it moves to push its brands John Lewis and Waitrose further into the digital space, according to a Wednesday (Aug. 9) press release. The agreement will see more of the company move onto […]
November 04, 2020
The John Lewis Partnership, as well as the Lloyds Banking Group, have unveiled intentions to eliminate hundreds of positions, according to the BBC. John Lewis indicates that it will cut...
July 24, 2020
Lawmakers will have to wait to question the CEOs from Amazon, Apple, Facebook and Google. The much-anticipated hearing scheduled before the House Judiciary Committee and the Antitrust Subcommittee on Monday...
July 09, 2020
After realizing that shoppers would not likely go back to their old habits following a pandemic that has reshaped retail, two large United Kingdom retailers said they would eliminate over...
