‘Tragedy’ if John Lewis ownership changes, says ex-boss

‘Tragedy’ if John Lewis ownership changes, says ex-boss

City A.M.

Published

John Lewis changing its ownership model would be “a tragedy”, a former top boss has said. Reports last week suggested the retailer is considering ending its fully staff-owned structure, with the partnership’s chairwoman, Sharon White, exploring plans to sell a minority stake. West Midlands mayor Andy Street, John Lewis managing director until 2016, acknowledged the [...]

Full Article