John Lewis opened as the anchor store at Westgate Oxford in 2017 following a £440m revamp at the shopping centre. READ MORE: John Lewis makes major change to UK storesIn an interview for the company’s magazine, Mr Tarry said John Lewis needed to “adjust for an immediate future that we weren’t expecting even six months ago, let alone a couple of years ago”. Mr Tarry joined John Lewis as chairman two years ago after more than three decades at Tesco, replacing Dame Sharon White, the former boss. In financial results published earlier this year, John Lewis fell to a £21m pre-tax loss in 2025 compared with a pre-tax profit of £97m the year before. A John Lewis spokesman said: “It’s no secret that trading conditions are challenging right now as people think carefully about their spending.