John Lewis furloughs 14,000 staff amid fears store sales will fall by a third

Investment spending also slashed as group plans for worst-case-scenario in coronavirus crisisJohn Lewis is furloughing 14,000 staff and slashing hundreds of millions of pounds from its spending plans as it fears department store sales could fall by a third.In a trading update the employee-owned group, which also owns Waitrose, said it was planning for a “worst-case scenario” whereby John Lewis would seeexperience steep sales declines until June, followed by a period of weak demand.Wh