John Lewis injects £20m into Glasgow city centre store in wider branch reboot
Summary
John Lewis is spending £20 million to renovate its Glasgow store as part of a larger £50 million plan to update several stores this year. The refurbishment will add new features like an expanded beauty hall, a cafe-restaurant, and upgraded fashion sections, with work expected to finish early next year while the store stays open.Key Facts
- John Lewis is investing £20 million to upgrade its Glasgow store in Buchanan Galleries.
- The total investment for store upgrades this year is £50 million, including stores in Reading, Cambridge, Leicester, and Liverpool.
- Renovations include a bigger beauty and fragrance hall, a gift shop, a new in-house cafe, and more fashion brands.
- The Glasgow store covers 28,000 square meters and the lower ground floor will be finished first.
- The store will remain open during the renovation, which is planned to be done early next year.
- Glasgow city council leader sees this as a positive sign for the city’s retail future.
- The Buchanan Galleries shopping center is also being renovated after plans to demolish it were dropped.
- John Lewis plans to spend £800 million by 2029 to update 36 branches and revive the department store experience.
- John Lewis sales rose by 3% to £4.9 billion in the year ending January, and profits increased by 29%.
- The parent group recently paid staff bonuses for the first time in four years.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.