John Lewis to pull ‘Never knowingly undersold’ pledge

John Lewis to pull ‘Never knowingly undersold’ pledge

Image copyright John Lewis Image caption Sharon White became chief executive of John Lewis in February

John Lewis is planning to replace its famous promise to match rivals’ prices as its new boss plans radical changes to the business.

“Never knowingly undersold” has become harder to defend as competition from online retailers has become ever tougher.

The new chief executive Sharon White to…

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