John Lewis managing director Peter Ruis quits job after less than three years

Factual coreconfirmed by several independent voices

• John Lewis managing director Peter Ruis quits job after less than three years.

  reliability moderate2/4 sources

• Peter Ruis will leave the business in order to “pursue new projects”, John Lewis said in a statement on Monday.

  reliability moderate2/4 sources

• Surprise departure comes after department store chain’s chair warned of ‘really tough trading conditions’ Business live – latest updates The managing director of John Lewis has quit the job after less than three years in charge of the British department store chain, as the company faces “really tough” trading conditions.

  reliability moderate2/2 sources

Reported detailssecondary facts, each attributed to its source

• The profit drop emerged largely due to £120million worth of one-off costs which mainly related to write-downs in the value of old tech systems.

  according to Daily Mail +1

• Each worker, including the chair, received a bonus equivalent to 2 per cent of salary.

  according to Daily Mail +1

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• Surprise departure comes after department store chain’s chair warned of ‘really tough trading conditions’ Business live – latest updates…

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• The Guardian - Business