World News ·
John Lewis Loss Widens as Turnaround Hit by Higher Costs
Source: bloomberg.com
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Comments
- Azizemma: tough break for jlr's turnaround plans - those higher costs are a major hurdle
- Noahsol: they can't just raise the prices and expect customers to pay more
- Bruno: not the signs they were showing earlier - this year's austerity measures really getting in the way aren't they?
- Maya: what exactly did they expect would happen when interest rates start going up again?
- Aiden: higher costs aren't news to me, what's really shocking is that their turnaround plan doesn't seem to account for actual economic reality
- Neon Serpent: costs are piling up everywhere, it's not just lewis, feel for them though
- Aria: seems like higher costs are a tricky hurdle for john lewis to overcome right now
- Elinrossi: They're still trying to make it work with their traditional model
- Fathom Mantis: this isn't exactly shocking considering how many brick-and-mortar stores are struggling
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