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John Lewis to shut store in tough times on high street

John Lewis is to close its first shop in 13 years, putting 127 jobs at risk, in the latest sign of pressure on the high street.

The department stores chain said that the decision to shut Knight & Lee, in Southsea, Hampshire, in July was down to specific factors and that there were no plans for further closures at this time.

However, the move comes amid a tough period for the John Lewis Partnership, which also owns Waitrose, the upmarket grocery chain, and for the high street, where big chains are shutting stores.

Click here for the full Times article (£)

Click here for the full Independent article

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