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John Lewis Plans to Close Currency Desks and Gift Wrapping, Cutting 200 Jobs

Elena MarquezPublished 4w ago4 min readBased on 2 sources
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John Lewis Plans to Close Currency Desks and Gift Wrapping, Cutting 200 Jobs

John Lewis plans to close its in-store bureau de change (currency exchange) and specialist gift-wrapping services, putting roughly 200 jobs at risk, The Guardian reported on July 7, 2026. The company has launched a formal consultation with staff before any final decision, with closures expected to take effect in autumn 2026 if approved.

The scope of these services is significant. John Lewis operates 36 department stores across the UK. Currency desks are in 30 of those locations, and gift wrapping is offered in 25. These are not fringe services piloted at a few flagship sites — they are standard features across the estate. After the closures, customers will still be able to order currency online for home delivery or collect it in store. The physical desk space will be repurposed.

The company's stated reasoning frames this as efficiency rather than service withdrawal. Most customer queries about currency and gift wrapping, John Lewis argues, are already handled by shop floor assistants rather than by the dedicated staff at these service desks. From that perspective, the move consolidates overlapping functions rather than removing customer support entirely.

Context: Cost-cutting as strategy

This announcement fits into a broader cost-reduction effort at the John Lewis Partnership. The group cut 3,300 jobs in 2025, reducing headcount to 65,700, with roughly 1,500 of those losses in department stores. In March 2026, the Partnership outlined plans for further efficiency through electronic shelf labels and AI systems. The bureau de change and gift-wrap closures represent the next phase of that strategy — extending automation and self-service principles from retail floors into support services that were once treated as part of what set John Lewis apart.

The shift in currency exchange is worth noting. The Partnership's 2018 annual report highlighted a 61% year-on-year increase in foreign currency sales through its Bureau de Change desks, flagging it as a growth area at the time. Whether that trend has continued, stalled, or reversed is not addressed in the current reporting, but the gap between a service once marketed for strong growth and one now slated for closure warrants attention.

Staffing claims and satisfaction metrics at odds

The proposal has prompted immediate resistance from within the workforce. A John Lewis employee told The Guardian that shop floor staff are already stretched thin, overloaded with responsibilities, and understaffed — a claim that, if true, undermines the company's argument that floor staff can readily absorb the queries currently handled at dedicated desks.

Management's public defense relies on customer satisfaction data. A John Lewis spokesperson said the company's customer satisfaction and loyalty scores have improved year on year, and that John Lewis remains the top retailer in the UK. The UK Customer Satisfaction Index from the Institute of Customer Service supports part of this claim, ranking John Lewis second overall, behind Nationwide. This gives the company a credible benchmark to reference while defending the closures, though it does not directly address whether removing dedicated service points will affect the experience being measured.

This tension reflects a familiar pattern in UK retail: companies citing strong customer satisfaction numbers while simultaneously reducing the staff and infrastructure those scores supposedly depend on. The contradiction is not necessarily real — satisfaction indices measure the past, and services like bureau de change may genuinely have low take-up relative to their staffing cost — but the two claims demand scrutiny. The consultation period will show how the Partnership resolves this in practice, and whether the final number of affected jobs aligns with the roughly 200 currently at risk.