More cost-cutting at John Lewis as company eyes £300m annual savings

The video discusses how John Lewis and Waitrose adapted to customer needs during the pandemic by expanding online services and shifting focus to home-related products. It outlines future investments in core retail brands and new growth areas, emphasizing fair value and a unique employee-owned business model. The company plans to invest in both in-store and online experiences, aiming for significant growth in non-retail sectors by 2030. The video also highlights the importance of financial sustainability and the decision to withhold bonuses until profit targets are met.

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