British retailer John Lewis to cut net 387 jobs in restructuring
25 February, 2017, 00:41 | Author: Elaine Woods
John Lewis is to cut 387 jobs as part of its efforts to limit costs as the retail sector prepares for a more hard year.
British retailer John Lewis (LON:BD32) has announced plans to cut nearly 800 jobs from the store's cafes and administration. The move could lead to almost 400 fewer jobs for staff in the company's carpet, curtain and blinds fittings service, as well as home estimating and fitting administration support and catering.
Some of the staff who enter the consultation could be re-deployed to the new positions.
In its home estimation and fitting services, it is proposing to move to a regional model for our curtains, blinds and floor covering which it said would allow the group to broaden its services and increase flexibility.
The company is also proposing to create a central "Customer Administration Hub" to deal with all customer orders, replacing individual branch management teams. At the end of the process about 387 roles will go. "We understand that for some this will mean a period of change, and we are working with affected partners over the consultation period to give opportunities for redeployment in new roles wherever possible", he added.
The changes come amid falling profits at the store.
Guess who's joining 'Dancing With the Stars'
The last cast member born in the area was singer Chaka Khan, who came in last place on Season 21 in 2015. T will be competing alongside Olympic darling, Simone Biles on season 24 of the ABC hit.
It's not the only major cutback announced by John Lewis in recent times - in March 2016, the department store giant shut several staff canteens and imposed longer shifts on delivery drivers.
No jobs will be cut among the estimators and fitters.
Within catering, the retailer aims to extend the catering model to use a centrally created menu which requires less "on-site" preparation.
'This new model will enable us to change our menu more regularly to keep up with trends, more easily meet the dietary requirements of customers, and give a more consistent offering across all of our shops, ' the retailer said.
Dino Rocos, John Lewis operations director, said the move would adapt the business to the changing needs of customers amid "a backdrop of structural changes in the retail industry".
More than 40% of sales at John Lewis over Christmas were online.
Lucerne wasn't far behind with 19.9 degrees, Zurich reached 19.5 and Bern set a new city record for February with 18.5 degrees. Bill Simpson, a meteorologist with the National Weather Service in Taunton, Massachusetts, said that's not exactly true.
In the past 6 months, 0 Insider purchases and 1 Insider Sales were made in which 150000 shares were exchanged as Insider Sales. The company reported ($0.17) earnings per share for the quarter, beating analysts' consensus estimates of ($0.19) by $0.02.
There have been some unfortunate and controversial incidents in the past which are hard to overlook ahead of the series. Even in Mumbai it was a similar case, where we lost the toss and they put 400 runs and we won by an innings.
The bank's return on tangible equity (RoTE) for the year was negative 17.9%, worsened from a negative 4.7% return in 2015. The solution, according to McEwan, is "going further on cost reduction and faster on digital transformation".
In fact, the actress will be taking on different projects in the subsequent years amidst a very hard divorce from Brad Pitt. The kids beamed with delight as they joined their mother at the grand unveiling of her latest project.
The case of the missing Super Bowl jersey is all about one item that has a high value, according to Houston police. Brady's jersey was already destined to draw a pricey valuation due to the circumstances of the Patriots' victory.
Since then, the company has been striking deals with local operators to open additional locations around the world. Restaurant Brands said on Tuesday it would finance the deal with cash on hand and a financing commitment from J.P.
He later knocked Browne down with a right hand and finished him on the ground with a series of unanswered punches. Lewis delivered some serious upper body blows to Browne before he fell on his back onto the mat.
The port of Binding of Isaac: Afterbirth + for the upcoming Nintendo Switch, will not be a launch title as originally intended. Rodriguez says that the little details of the game pays homage to the 8-bit era and has some never-before-seen art inside.
Rick Pitino gets angry with North Carolina fan
Most have been blowouts by double digits, and the Cardinals do not have the offensive firepower to keep up in a fast-paced game. But when everything is taken into account, the final week or so of the ACC regular season is somewhat akin to the first week.
Supreme Court hears Mexican citizen's case
Border Patrol agent shot and killed an unarmed 15-year-old near the border that separates El Paso, Texas from Juarez, Mexico. Justice Clarence Thomas, in keeping with his standard practice, did not speak or ask questions during the argument.
10000 steps a day is a meaningless fitness goal, says science
My health app states that I walk on average 10, 689 steps a day - so if we're going by the advised step average I'm doing good. These days 10,000 steps has become something of a mantra as a route to fitness, or at least the appearance thereof.
Plane crashes into mall in Australia, killing 5
The airport, which is about 15 kilometres from Melbourne's CBD, has been operating since 1919. "ATSB will be investigating". Carol Holst, a cousin of Munsch, posted a picture of him, saying: "Russ was killed in a plane crash in Australia today".
Toxic metal at higher concentrations in gluten-free food?
Researchers' analysis found that both mercury and arsenic levels were elevated in participants who kept a gluten-free diet. In order to compensate, gluten-free products oftentimes contain rice flour as a substitute for barley, rye, and wheat.