John Lewis plans to buy back Waitrose supermarkets after property u-turn

Exterior of Waitrose store at night

Source: Waitrose

John Lewis Partnership is planning to buy back some of its Waitrose supermarkets under a renewed retail focus led by chair Jason Tarry.

Bosses of the upmarket supermarket are understood to be considering buying out landlords of its Waitrose shops after accumulating a £1.5bn cash pile, The Telegraph reported.

 

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