UK's John Lewis eyes end of 100% staff ownership - The Sunday Times

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UK's John Lewis eyes end of 100% staff ownership - The Sunday Times
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British retailer John Lewis, which has been 100% owned by its staff, is considering diluting its partnership structure, The Sunday Times reported on Saturday.

Shoppers walk past the John Lewis department store on Oxford Street in London, Britain December 17, 2018. REUTERS/Simon Dawson

Chairperson 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 1 billion and 2 billion pounds of new investment, the report said.

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