Department store John Lewis has unveiled plans to become a landlord and build homes-to-rent over the shop.
It has earmarked three sites in Reading, Berkshire, Bromley, Kent and Ealing in west London in an ambitious scheme to create 10,000 rental properties over the next 10 years.
The chain - which has just ditched its “never knowingly undersold” - slogan said the Bromley and Ealing pads would be built above Waitrose stores while an empty John Lewis warehouse in Reading would be converted into flats.
