Recovering John Lewis may open in 2024
John Lewis, the iconic British department store, may reopen its doors in 2024 after a major transformation.
According to reports, the store's new owners, M&G Real Estate, are working to revamp the site and restore its former glory.
“The new owners are committed to restoring John Lewis to its former status as a leading department store in the UK,” said a spokesperson.
- The new owners plan to invest £100 million in the store's redevelopment.
- The revamped store will feature a mix of retail and leisure spaces, including restaurants and cafes.
- The store's iconic facade will be preserved, but the interior will be completely renovated.
John Lewis has a rich history dating back to 1864, and its flagship store in London's Oxford Street was once a beloved destination for shoppers.
However, the store struggled in recent years and was forced to close in 2020.
Rescue plan:
- M&G Real Estate acquired the store's lease in 2020.
- The company has been working with architects and designers to create a new vision for the store.
Author's summary:
John Lewis, a beloved British department store, may reopen in 2024 after a major transformation, with its new owners investing £100 million in the store's redevelopment.
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