The current discourse surrounding John Lewis
Recent reports have brought into question the future of John Lewis’ partnership structure, as the retailer grapples with a £234m loss and weakening consumer spending in stores - but would diluting the partnership even be the answer?
Recent news of John Lewis’ plan to shake up its partnership model, which sees that staff are treated as shareholders, has received a number of very passionate responses. Andy Street, who was the John Lewis managing director from 2007 to 2016, went on record to say that, should the employee-owned business structure be diluted, “it would be a tragedy”.