Dame Sharon White, chairman of the John Lewis Partnership, has said no decisions have yet been made on specific stores but that ‘financial modelling’ is taking place.
Shoppers have since appealed to bosses to keep Sheffield's branch off any potential list of closures. Here are 14 photos that demonstrate the shop’s importance and long history.
5. A new era
The new Cole Brothers building is seen under construction in 1963. Photo: JPIMedia
6. A place that's endured
The relocated Cole Brothers store in the 1960s - seen in the days when people could park right outside the front doors. Photo: Picture Sheffield
7. A first look
Opening day crowds on the first day of trading at Barker's Pool in 1963. Photo: JPIMedia
8. The lunchtime rush
The Cole Brothers cafeteria in 2000. Photo: Barry Richardson