John Lewis drops Never Knowingly Undersold

Store backs new Quality & Value tagline with £500m investment to continue treating customers fairly


John Lewis’ renowned Never Knowingly Undersold pledge is to be retired this summer as the popular retailer promises its £500million investment will give customers Quality & Value every day.

“Customers are tightening their belts,” explains the company’s executive director Pippa Wicks, “and we’re responding so John Lewis is more affordable for every customer, every day whether shopping in-store or online.

“Never Knowingly Undersold has been a cherished sign of trust for John Lewis for a century but it doesn’t fit with how customers shop today as more purchases are made online. Our new £500m investment means all our customers can trust they’re getting the quality, style and service they expect from John Lewis at great value prices.”

Above: The department store chain has 35 outlets across UK
Above: The department store chain has 35 outlets across UK

The change to the new Quality & Value tagline builds on the department store chain’s more affordable Anyday own brand – including homeware, nursery, fashion and technology – which was introduced in spring 2021 and has been confirmed as John Lewis’ most successful brand launch yet, with £125m in sales to date as 800 Anyday products are sold every hour.

First opened as a drapery store in 1864, the chain now has 35 stores across the UK, each with a large greetings and stationery section, and it has traded on the Never Knowingly Undersold promise since 1925.

The company statement issued on Friday, February 25, says: “The £500m investment in value is 25% higher than the amount we spent on keeping prices affordable last year. Our founding philosophy of treating customers fairly remains.

“Never Knowingly Undersold is no longer enough to assure trust because it applies to fewer and fewer sales as shopping moves increasingly online, and isn’t applicable to online-only retailers. So, we’re replacing it with a new approach, which all of our customers can trust because it applies to however and wherever you shop – in store or online.”

Top: John Lewis’ executive director Pippa Wicks

FF Today Feature image
UK Greetings gets in spirit with social media, mince pies, and helping local causes...
DSD GCA Feature image
GCA Speed Dating 2023 event announced for 2 March – with early bird booking discount...
Paper Tiger TV Feature image
Edinburgh store gets up close and personal with This Morning’s Holly and Phil...
Danilo sun Feature image
Publisher set for solar efficiency thanks to renewable energy scheme...
Paul tribs Feature image
Industry pals remember greetings business entrepreneur...
GOTY date Feature image
Closing date for Gift Of The Year comp now 15 December – with live judging at Spring Fair...
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.