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John Lewis Partnership warns on profit margin despite sales rise over Christmas

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Sales at the parent company of John Lewis and Waitrose grew over Christmas, but it warned profits will take a hit as it tries to remain competitive. The John Lewis Partnership said sales were up 2.5 per cent year-on-year to £1.96 billion in the six week period ending December 30, which included both Christmas and Black Friday trading periods.

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John Lewis Partnership warns on profit margin despite sales rise over Christmas

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