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UK department store struggles to build houses | Daily Express Online

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UK department store struggles to build houses

Posted on: Wednesday July 07, 2021

By: AFP

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The partnership announced this weekend that around 10,000 new apartments and houses will be built primarily on sites housing John Lewis department stores, Waitrose supermarkets and distribution centers, starting in the south-east of England. .

LONDON: John Lewis Partnership, whose UK department stores have been hit hard by the pandemic, will rent thousands of new homes to build on its plots. The partnership announced this weekend that around 10,000 new apartments and houses will be built primarily on sites housing John Lewis department stores, Waitrose supermarkets and distribution centers, starting in the south-east of England. . Nina Bhatia, executive director, strategy and business development, John Lewis Partnership, said the plan “will provide stable, long-term income for the partnership.”

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She added that the group wanted to address a nationwide housing shortage in the UK. John Lewis, who had struggled before the coronavirus outbreak, saw his fortunes worsen as the pandemic pushed consumers to shop more and more online.

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This led John Lewis to permanently shut down some of his department stores which had temporarily closed during UK closures. It was not immediately clear whether the new homes would be built next to or within existing properties stocked with clothing, household items and food. Despite its recent problems, the John Lewis Partnership has managed to outlive its British counterpart Debenhams which collapsed late last year, costing thousands of jobs.


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