Speaking to News, Nish Kankiwala said that the political and economic unrest in recent years had undermined consumer confidence. This came as the John Lewis Partnership announced its first full-year profit since before the epidemic.
“There is no denying that people have had a difficult few years due to inflation, rising mortgage rates, and having to pay their electrical bills. Now, despite that climate, we have seen an increase in our clientele.
From a wider angle, I would like to request that we have stability. That has a significant impact on consumers purchasing expensive goods or even daily necessities.