Story perspectives

John Lewis Closes 30 FX Bureaux, Cuts Gift-Wrapping, 200 Jobs

7/8/2026

Summary

Story summary

John Lewis Partnership will close foreign-exchange bureaux in 30 stores and gift-wrapping areas in 25 stores, risking 200 jobs.
The closures are driven by falling demand and a shift to currency orders, moving gift-wrapping to tills.
John Lewis will support affected staff through consultation and seek redeployment.
The firm posted a £21 million pre-tax loss after £120 million write-downs, while profit rose 6 % to £134 million and sales grew 5 % to £13.4 billion.

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Story summary

John Lewis Partnership will close foreign-exchange bureaux in 30 stores and gift-wrapping areas in 25 stores, risking 200 jobs.
The closures are driven by falling demand and a shift to currency orders, moving gift-wrapping to tills.
John Lewis will support affected staff through consultation and seek redeployment.
The firm posted a £21 million pre-tax loss after £120 million write-downs, while profit rose 6 % to £134 million and sales grew 5 % to £13.4 billion.