Retail big John Lewis has mentioned its plans to revive the enterprise are working, as its losses within the first half of the yr nearly halved.
The partnership – which incorporates John Lewis shops in addition to Waitrose supermarkets – has reported a lack of £30 million, down from a £59 million loss the earlier yr.
It mentioned annual good points ought to be considerably increased than final yr, although it warned the outlook for client spending stays unsure.
Sales at its shops fell in what it referred to as a “challenging market”, however Waitrose's income grew.
The retailer is attempting to win again prospects after a troublesome previous few years wherein it needed to lower jobs and shut various shops.
In March, it reported a return to revenue for 2023, but in addition mentioned it could not pay bonuses to workers for a second yr in a row.
With inputs from BBC
