© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

John Lewis considering end to 100% employee ownership – reports

Plans to raise money in new investment said to be behind reported move, after the company said it would have to cut staff

The John Lewis retail group, which is 100% owned by its staff, is considering diluting its partnership structure, according to reports.

Its chair, Sharon White, is in the early stages of exploring a plan to change the retailer’s mutual structure so it can try to raise between £1bn and £2bn of new investment, the Sunday Times reported.

Continue reading…

Related posts

Israel imposing apartheid on Palestinians, says former Mossad chief

AEA3

Water industry promises £22bn of environmental investment, funded by rising bills

AEA3

Presidential debate live: Trump tries to steamroll Biden in chaotic clash

AEA3

Pin It on Pinterest

Share This