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The flagship store on Oxford Street began as a drapery shop, opened by John Lewis in 1864. In 1905 Lewis acquired a second store, Peter Jones in Sloane Square, London.His eldest son, John Spedan Lewis, began the John Lewis Partnership in 1920 after thinking up the idea during his days in charge of Peter Jones.
It is a store of JLP and is located on Sloane Square, at the junction of King's Road and Sloane Street, in the Chelsea district, close to the Belgravia and Knightsbridge districts. Peter Jones was founded as an independent store but was bought by John Lewis, owner of the eponymous store in Oxford Street, in 1905.
John Lewis & Partners: Oxford Street, London: 1864 The largest of the traditional department store groups in the UK in terms of sales and profit. John Lewis owns 30 full-line department stores. Nine long-established stores, each trading under their original name, have been re-branded as 'John Lewis' since 2000.
The new chairman of British retailer John Lewis warned on Thursday it could take up to five years to revive the employee-owned group hit by sliding profits, and that she would have to shut more shops.
The business further grew in 1961, when John Lewis purchased the department store next door, Bon Marche, from its owners the Liverpool Co-operative Society and merged it into George Henry Lee. Bon Marche had previously been formed in the late 19th century by David Lewis, of Lewis's, but had been sold as a failing business to the Co-op in the 1950s.
John Lewis was born in Shepton Mallet, Somerset, England, and became an orphan at the age of seven.He was brought up by an aunt, Miss Ann Speed. [1] Having served as an apprentice to a local draper from the age of fourteen, he moved to London to become a silk buyer in the capital, working in Peter Robinson's Department Store at Oxford Circus by the time he was 20.