The John Lewis Partnership is a British retailer which operates the John Lewis department stores and Waitrose supermarkets, as well as its own banking and financial services and online retail sites (johnlewis.com, waitrose.com). As of January 2023, John Lewis Partnership generated approximately 1.2 billion British pounds from its sales of fashion goods.
The statistic displays the annual sales revenue of John Lewis department stores in the United Kingdom (UK) from 2009 to 2024. In the year ending January 2024, the British retailer generated an annual sales revenue of over 3.64 billion British pounds, a slight decrease from the previous year. John Lewis: a minor partner John Lewis department stores are part of the John Lewis Partnership plc, which also owns the upmarket grocery chain Waitrose. Unlike the dwindling revenue of John Lewis, annual sales figures for Waitrose continue to climb, granting the grocery stores a bigger share in the partnership. Online sales at John Lewis John Lewis is one of the most well-known brands on the high street. Across the UK town centers, John Lewis has about 50 department stores, selling products ranging from fashion and home textiles to furniture, homeware and electronicals. The number of John Lewis stores had steadily risen up until 2020, but has now fallen back down to undewr 40 locations.
In the fiscal year ended on January 2023, 59 percent of the sales of the department store retailer John Lewis came from online channels, whereas stores generated 41 percent of the company's total sales. This demonstrates the recovery of footfall to stores and growth in omnichannel consumption amid the trend of consumers moving to online retail.
The statistic displays the annual sales revenue of Waitrose grocery stores in the United Kingdom (UK) from 2009 to 2023. In the financial year ending in 2023, Waitrose generated a total revenue of 6.75 billion British pounds, a decrease on the previous year. The supermarket Waitrose is the eighth largest grocery retailer in the United Kingdom. Although it occupies a much smaller market share than the 'big four' supermarkets, it does, however, appeal primarily to those with a higher disposable income and thus has a reputation as being 'upmarket'. First founded in 1904 in West London, stores traditionally remained concentrated in the South of England until the mid-2000s. With headquarters in Berkshire, Waitrose is the food retail division of the John Lewis Partnership and operates a number of grocery and 'little Waitrose' convenience stores.
In the year ending March 30, 2024, the British retailer Marks & Spencer generated a total global revenue of approximately 13 billion British pounds in the United Kingdom (UK) and internationally. This was an increase of over one billion pounds from the previous year. M&S stores for all needs Marks and Spencer has been established in the UK since 1884. The retailer offers a wide range of products to its customers, from food items to general merchandise, such as clothing, beauty and personal care products and home accessories. There are currently over 1,000 Marks & Spencer stores located in the UK, and more than 400 operating internationally. These stores include the core department stores, which offer a selection of the company's general merchandise and food products, its supermarkets (branded as M&S Foodhalls), home stores, outlet stores, and convenience stores (branded as M&S Simply Food). A mark of quality Marks and Spencer is renowned for its higher quality products, especially the grocery division and its food items. British consumers also value M&S as a department home goods store, as it was voted one of the most popular department and home stores in the United Kingdom in a 2023 survey, four percentage points ahead of one of its main competitors, John Lewis.
As of 2024, the net asset of Selfridges amounted to 123.4 million British pounds. The high-end department store chain was founded in 1908, opening its first flagship store on Oxford Circus in London in the following year 1909. The department store primarily focuses on offerings such as luxury goods, fashion apparel and other general merchandise within the lifestyle segment and is had a net worth of 84.7 million British pounds, as of 2021. Selfridges' net asset development over the years The net assets of Selfridges reached their highest value of 432.7 million British pounds in 2019. This has steadily declined in the following years falling to 161.1 million pounds in 2023. The department store has had a history of being acquired by larger groups and investors in the past such as the department store John Lewis Partnership, Sears Group and latest the late investor Galen Weston in 2003. How has coronavirus and international travel impacted Selfridges? Throughout the years, Selfridges’ development has been interspersed with termination of appointments of past executives. However, revenues have remained strong, and the department store generated a revenue of 852.9 million British pounds in the financial year 2020. However, when the COVID-19 outbreak reached Britain, national lockdowns and lack of international travel impacted the four domestic department stores owned by Selfridges Retail Limited, with revenues falling considerably. 2021 showed signs of recovery, but revenues were still a way of their 2019 peak.
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The John Lewis Partnership is a British retailer which operates the John Lewis department stores and Waitrose supermarkets, as well as its own banking and financial services and online retail sites (johnlewis.com, waitrose.com). As of January 2023, John Lewis Partnership generated approximately 1.2 billion British pounds from its sales of fashion goods.