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Is John Lewis the next Department store to face problems?

180 replies

Ifailed · 13/09/2018 07:56

profits down by 99% for the past 6 months & that includes Waitrose, so presumably the Dept Store side of things made a loss.

Are we seeing the final demise of Department Stores in the UK?

www.bbc.co.uk/news/business-45506322

OP posts:
Lockheart · 16/09/2018 12:39

John Lewis is lovely. But I never buy anything from them!

It's their home ware department which has seen the huge profit falls. Their target market is affluent, middle class and upwards homeowners (those who rent are less likely to spend large amounts of money on expensive curtains, furnishings etc, and also if you're well-off you're more likely to own a home than rent anyway), which is an increasingly small market.

People don't want to buy things they can't afford for houses they don't own.

JL have a good name for quality and perhaps if they diversified their range a bit more with some more "budget" options then they may recover some profit in the future. But they they may lose the "quality" name they've built up. However, in the immediate moment it seems like the exclusive differentiation strategy isn't working very well.

Perhaps less spending stupid money on ridiculous Christmas adverts might help as well!

Chocolala · 16/09/2018 12:53

I went to our local JL to get a particular pram system. Major purchase and couldn’t easily get it elsewhere. But in order to buy it, I had to stand in store at a computer terminal and input all my own details to order it for delivery because they had no stock. Which then made me wonder why I bothered going, since I was the one who did all the work (and struggled with their system) and I walked away empty handed for two weeks...

While in store, my EE was caught by various other baby bits, which I would probably have bought if I’d also been able to get the buggy (or at least if a staff member had ‘served’ me and sorted out the damned computer input themselves), but I found the whole things so frustrating, that I didn’t bother.

they've more or less killed off what used to be a great haberdashery department Same here. Used to love restocking my material stores from there, but I’ve had to take my business elsewhere.

On the plus side, my local shops now get much more of my custom.

7toGo · 16/09/2018 15:50

@AveEldon I have it set up so the vouchers go to the JL app on my phone. Last week I did get some new (irrelevant) vouchers, but they didn’t include my regular cake and coffee!

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AveEldon · 16/09/2018 20:43

@7toGo I was talking about the £5 gift voucher - they are emailing them now instead of posting

7toGo · 16/09/2018 21:26

Oh! I shall keep a look out SmileFlowers

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