Despite consistent sales growth and its reputation as a beacon of hope for the beleaguered British high street, the John Lewis Partnership is to cut 325 managerial jobs.
The move is part of the retailer's long-term growth plans, according to reports, which include an increased focus on online retail. The redundancies are a reflection of this and not trading conditions, according to insiders at the company, which also owns Waitrose.

The group has said that managers at all of its department stores will be affected by the changes. It's a further blow to the high street this week, following on from the news of fashion retailer Republic falling into administration, with the reported loss of up to 2,500 jobs.

John Lewis posted record sales over Christmas 2012, and is due to announce increased bonuses to staff along with its annual results in March.