The John Lewis Partnership has reported a significant narrowing of its half-year losses to £30 million, down from £59 million the previous year, while projecting significantly higher full-year profits. Total revenue rose by 2% to £5.2 billion, driven by a 5% increase in Waitrose supermarket sales, although John Lewis department store sales declined by 3%. CEO Nish Kankiwala emphasized that the company's transformation plan is yielding positive results, with expectations of profits surpassing £42 million from the previous year. The partnership is also experiencing growth in customer numbers, reaching 13.6 million, while its strategy includes leveraging AI for price matching and enhancing its flagship store. Despite a challenging retail environment, the company reported record product availability and a 10th consecutive quarter of customer growth. Decisions regarding potential staff bonuses, which have been absent for two years, will be determined in March 2024.