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Click to watch the video below and then answer the questions:

John Lewis warns of 2-year delay to turnaround plan

  • Assess two economic factors that have affected John Lewis’ turnaround strategy 

  • “Total group sales were £5.8bn in the six-month period, up 2 per cent year on year”. Calculate the value of sales for the previous year

  • Explain the likely price elasticity of demand for clothing and beauty lines at John Lewis 

  • Assess the importance of transformational leadership in returning John Lewis to ‘sustainable profits’

Peter McGinn, Harton Academy

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