Popular now
Debenhams sublets US warehouse to cut costs

Debenhams sublets US warehouse to cut costs

Virgin Wines downgrades profit forecast as inflation hits margins

Virgin Wines downgrades profit forecast as inflation hits margins

Whole Foods Market opens new grocery store in St James

Whole Foods Market opens new grocery store in St James

John Lewis council to vote on chair’s strategy
Chairman

John Lewis council to vote on chair’s strategy

On this episode of Talking Shop we are joined by Phil James, founder and Creative Director of the contemporary heritage clothing brand &SONS. Phil began his career behind the lens as a commercial advertising photographer, working with global brands to hone a distinct visual language. But in 2016, he decided to step out from behind the camera to build a brand of his own.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

John Lewis Partnership employees will reportedly be given the opportunity to vote on chair Sharon White’s leadership this week, The Times has reported. 

The news comes as the 9-10 May will see 60 employee representatives decide on the chairwoman’s current strategy during a council meeting, which will include two votes on her leadership, according to The Times. 

While the current chairman cannot be dismissed from her role through this vote, the council would be able to remove her at any time if it deems she is failing to meet responsibilities. 

The council vote comes after recent news that White is considering selling a stake in the partnership, which would undermine the retailer’s 70-year-old partnership model where some 74,000 employees own a stake in the company.

As a result, news of the plan provoked backlash, as the retailer’s ex-boss Andy Street also said that the end to this model would be a “tragedy”. 

In addition, employees across Waitrose and John Lewis had to forgo their yearly bonus due to the group posting a £230m full-year loss. 

Chris Earnshaw, president of the partnership council, told The Times: “Since 1919, the chairman has held sessions with our council to reflect on the performance. This is a routine part of our democratic process.”

John Lewis was contacted for a comment. 

Previous Post
Farmison & Co gets green light to restart operations

Farmison & Co gets green light to restart operations

Next Post
Retail sales rise 5.1% in April

Retail sales rise 5.1% in April