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John Lewis scraps rental home project amid shifting economic climate

British department store John Lewis has scrapped its build-to-rent property plans, citing a “fundamental shift in the economic conditions” since the venture was initially launched. The company is putting a stop to a project that would have built 1,000 homes across the sites, and is further pulling out of the property management business, which...

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Retail

John Lewis: British shoppers turn to joy, colour and comfort in 2025

British consumers shopped for joy in 2025, according to John Lewis’ twelfth annual ‘How we Shop, Live and Look’ report, as they swapped pared-back minimalism for expressive colour, comfort and ‘Nowstalgia’, while embracing repair culture. John Lewis’ annual report, which surveys more than 1,000 John Lewis shoppers, reveals consumer behaviours,...

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