John Lewis has released its highly anticipated Christmas advert featuring Elton John.
John Lewis saw its sales decline by 8.3% year-on-year last week due to unseasonably mild weather and the fact it was price matching a competitor in the corresponding week last year.
Debenhams has announced that it will be closing up to 50 stores over the next three to five years as it looks to adapt to changes on the high street. The move could put around 4,000 jobs at risk.
The John Lewis department store chain has said 2018 was one of the toughest years for retail in the latest edition of its annual John Lewis & Partners Retail Report.
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