Update: John Lewis losses widen to £124m as shopper confidence dips

A report from The Guardian — World focuses on “Update: John Lewis losses widen to £124m as shopper confidence dips” and sets out the main development contained in the supplied source material.

Retailer states higher costs also hit first-half figures as group pursues its turnaround plan, though Waitrose grew sales Losses at the owner of John Lewis and Waitrose widened by more than 40% in the first half of the year as it struggled with higher costs and with shoppers feeling less confident about their money. The report also notes that The John Lewis Partnership, which operates 36 department stores and more than 300 Waitrose supermarkets, stated its pre-tax loss for the six months to 1 August climbed to £124m, compared with £88m in the same period in 2025.

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