Notices

Serious Debates & News Debate and discussion about political, moral, philosophical, celebrity and news topics.

Reply
 
Thread Tools Display Modes
Old 30-07-2020, 01:02 PM   #1
Ammi
Quand il pleut, il pleut
 
Ammi's Avatar
 
Join Date: Aug 2009
Location: on Blueberry Hill
Posts: 51,486


Default John Lewis to turn unwanted department stores into affordable housing...

John Lewis could turn vacant department stores into mixed-use affordable housing under radical plans to help turn the business around.

Dame Sharon White, chairman of the John Lewis Partnership, announced the initial results of her strategic review of the mutual in a letter to partners.

"As we re-purpose and potentially reduce our shop estate, we want to put excess space to good social use," Dame Sharon said.

The mutual is exploring plans for new mixed-use affordable housing with third parties.

The update follows a sweeping review of the department store chain and its sister business Waitrose by its new management team, which was launched in March.

The company also said it would expand its presence in financial services, aiming to grow it "significantly over the next five years"; horticulture; and rental products.

The partnership, once seen as one of the strongest performers on the high street, was already facing a serious threat from the rise of online shopping before coronavirus struck.

Dame Sharon indicated that more store closures are likely across both of its brands. Its John Lewis "shops will always be crucial to the brand but they will be in support of online", she wrote, adding that the company will be "more experimental with store formats". There will also be more "catch-up" investments in the John Lewis website to make the retailer "digital first".

It may open new Waitrose shops but will also "potentially [close] others where demand wanes".

Earlier this month John Lewis stunned the retail sector with plans to close eight stores, including two large department stores Ė one of which, in Birmingham, has only been open for five years.

This week it appointed a new HR boss ahead of what is feared to be a wave of job cuts. Dame Sharon said the mutual was "still targeting at least £100m of savings in head office costs".

Its fanous "Never Knowingly Undersold" price promise remains under review "to ensure we offer fair value for how our customers shop today", the chairman added.

Earlier this year Dame Sharon warned it was unlikely staff would be paid a bonus next year, for the first time since 1953.


https://uk.yahoo.com/finance/news/jo...092114351.html
__________________



Paris is always a good idea...
Ammi is offline   Reply With Quote
Old 30-07-2020, 01:05 PM   #2
The Slim Reaper
Pain to my sham friends
 
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 5,773
Default

Good on them, although aren't their stores generally in big shopping centres, or on high streets? That could be a potential stumbling block.
__________________


Spoiler:



Quote:
Originally Posted by Livia View Post
I think he was one of the best members we ever had here. Funny, intelligent and frustrating and really very kind. I hope he comes back.
The Slim Reaper is offline   Reply With Quote
Old 30-07-2020, 01:06 PM   #3
Ammi
Quand il pleut, il pleut
 
Ammi's Avatar
 
Join Date: Aug 2009
Location: on Blueberry Hill
Posts: 51,486


Default

Quote:
Originally Posted by The Slim Reaper View Post
Good on them, although aren't their stores generally in big shopping centres, or on high streets? That could be a potential stumbling block.
...the one in Norwich is in the town itself and would be a great location for housing...
__________________



Paris is always a good idea...
Ammi is offline   Reply With Quote
Old 30-07-2020, 01:07 PM   #4
The Slim Reaper
Pain to my sham friends
 
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 5,773
Default

Quote:
Originally Posted by Ammi View Post
...the one in Norwich is in the town itself and would be a great location for housing...
Apart from it being in Norwich, of course.
__________________


Spoiler:



Quote:
Originally Posted by Livia View Post
I think he was one of the best members we ever had here. Funny, intelligent and frustrating and really very kind. I hope he comes back.
The Slim Reaper is offline   Reply With Quote
Old 30-07-2020, 01:07 PM   #5
Ammi
Quand il pleut, il pleut
 
Ammi's Avatar
 
Join Date: Aug 2009
Location: on Blueberry Hill
Posts: 51,486


Default

...but yeah, even in shopping centres...as more and more shops close then itíll surely make way for affordable housing developments ...
__________________



Paris is always a good idea...
Ammi is offline   Reply With Quote
Old 30-07-2020, 01:08 PM   #6
Ammi
Quand il pleut, il pleut
 
Ammi's Avatar
 
Join Date: Aug 2009
Location: on Blueberry Hill
Posts: 51,486


Default

Quote:
Originally Posted by The Slim Reaper View Post
Apart from it being in Norwich, of course.
...Norwich is one of the best cities on the planet...but what would you know, youíre forgiven for your ignorance...
__________________



Paris is always a good idea...
Ammi is offline   Reply With Quote
Old 30-07-2020, 01:09 PM   #7
The Slim Reaper
Pain to my sham friends
 
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 5,773
Default

Quote:
Originally Posted by Ammi View Post
...Norwich is one of the best cities on the planet...but what would you know, youíre forgiven for your ignorance...
I dated a girl from east dereham once.
__________________


Spoiler:



Quote:
Originally Posted by Livia View Post
I think he was one of the best members we ever had here. Funny, intelligent and frustrating and really very kind. I hope he comes back.
The Slim Reaper is offline   Reply With Quote
Old 30-07-2020, 01:11 PM   #8
arista
Senior Member
 
arista's Avatar
 
Join Date: May 2006
Posts: 105,543
Default

Good move from John Lewis group
arista is offline   Reply With Quote
Old 30-07-2020, 01:13 PM   #9
Ammi
Quand il pleut, il pleut
 
Ammi's Avatar
 
Join Date: Aug 2009
Location: on Blueberry Hill
Posts: 51,486


Default

Quote:
Originally Posted by The Slim Reaper View Post
I dated a girl from east dereham once.
...is this like a limerick, is there a punchline..?..

I once dated a girl from East Dereham...
she sold us all coke by the kilogram...

...etc..
__________________



Paris is always a good idea...

Last edited by Ammi; 30-07-2020 at 01:13 PM.
Ammi is offline   Reply With Quote
Old 30-07-2020, 01:13 PM   #10
Liam-
Senior Member
 
Liam-'s Avatar
 
Join Date: Jul 2014
Location: Cardiff.
Posts: 19,750

Favourites (more):
BB19: Lewis F
CBB21: Shane Jenek
CBB20: Sarah Harding
BB18: Deborah


Default

Good, it’s about time these massive corporations stood up and did something
__________________
Liam- is offline   Reply With Quote
Old 30-07-2020, 01:17 PM   #11
The Slim Reaper
Pain to my sham friends
 
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 5,773
Default

Quote:
Originally Posted by Ammi View Post
...is this like a limerick, is there a punchline..?..

I once dated a girl from East Dereham...
she sold us all coke by the kilogram...

...etc..
After a gram of nosebag, she looked like a hag, so I left and was never to be seen again
__________________


Spoiler:



Quote:
Originally Posted by Livia View Post
I think he was one of the best members we ever had here. Funny, intelligent and frustrating and really very kind. I hope he comes back.
The Slim Reaper is offline   Reply With Quote
Old 30-07-2020, 01:23 PM   #12
Oliver_W
#BaconLettuceMayo
 
Oliver_W's Avatar
 
Join Date: Feb 2015
Location: Bill's Secret Garden
Posts: 9,350

Favourites (more):
BBCanada 8: Chris
Apprentice 2019: Lottie
BB19: Cameron
CBB22: Kirstie Alley


Default

Nice! Better to make use of existing buildings than to needlessly ruin countryside.
__________________


Some of my favourite comicbook pages! Click on it to see them bigger!! The theme is "inspiration" ... sort of
Oliver_W is online now   Reply With Quote
Old 30-07-2020, 01:23 PM   #13
Ammi
Quand il pleut, il pleut
 
Ammi's Avatar
 
Join Date: Aug 2009
Location: on Blueberry Hill
Posts: 51,486


Default

Quote:
Originally Posted by The Slim Reaper View Post
After a gram of nosebag, she looked like a hag, so I left and was never to be seen again



...(..I think I might know her tbh...)...
__________________



Paris is always a good idea...
Ammi is offline   Reply With Quote
Old 30-07-2020, 01:41 PM   #14
UserSince2005
UserSince2005
 
UserSince2005's Avatar
 
Join Date: Dec 2015
Posts: 3,798

Favourites:
CBB17: Tiffany Pollard
CBB14: Frenchy
BB10: Noirin
Default

Can someone do the maths to find out if we are still in a housing shortage given 50k people just died.
__________________
-Working towards a friendlier TIBB
UserSince2005 is offline   Reply With Quote
Reply

Bookmark/share this topic

Tags
affordable, department, housing, john, lewis, stores, turn, unwanted

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT +1. The time now is 09:10 AM.




Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
no new posts