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The Latest Breaking News from Sharon White

It was reported last month that the John Lewis Partnership (JLP) is looking into selling a minority stake of up to £2bn in the firm, which has been entirely owned by its staff, known as “partners”, since 1950.

The Week

Retail consultant Mary Portas warns John Lewis it has ‘let go of the soul’

The company is considering ending its employee-owned business structure in order to attract investment.

The Independent UK

Ex-boss urges John Lewis not to change staff-ownership model

West Midlands mayor Andy Street says it would be a tragedy, as the business ‘goes a bit beyond a shop’

The Guardian - UK

From analysis to the latest developments in health,
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Mary Portas warns John Lewis it has ‘let go of its soul’

The company is considering ending its employee-owned business structure in order to attract investment.

Evening Standard

John Lewis must regain its ‘soul’ to survive, says Mary Portas

Retail expert urges troubled UK company not to lose sight of its values amid proposal to welcome outside investment

The Guardian - UK

The woman who holds the second-worst job in Britain

City Voices: Dame Sharon White should stick to her guns at John Lewis

Evening Standard

John Lewis may find that cuddly co-investors don’t exist

Sharon White, chair of the partnership, is fishing in an extremely small pool if investors must be like-minded

The Guardian - UK

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John Lewis: would ending staff ownership help the retailer, and is its boss’s strategy failing?

The chain’s mutual model was once hailed as a template, but now it needs cash amid hefty losses

The Guardian - UK

Employee ownership is the heart and soul of John Lewis – losing that would destroy it

Yes, its customers could buy cheaper beans or bras elsewhere. But there’s a trust tied up in its ownership structure which is now under threat, says Gemma Goldfingle, editor of Retail Gazette

The Guardian - UK

John Lewis faces criticism over plans to dilute mutual model

Shadow minister describes proposal as ‘very worrying’ while ex-PwC economist calls it ‘terribly short-sighted’

The Guardian - UK

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 Guardian - AU

John Lewis scraps staff bonus and warns of job cuts after £234m loss

Warning follows group’s second ever full-year loss, and 3% fall in sales at Waitrose

The Guardian - UK

No staff bonus at John Lewis as partnership plunges to hefty losses

Inflation hits John Lewis “like a hurricane”

Evening Standard

John Lewis and Waitrose owner appoints first group chief executive

Nish Kankiwala to lead staff-owned partnership as it struggles to turn around business amid rising costs

The Guardian - UK

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Evening Standard

John Lewis and Waitrose owner names new chief executive

Nish Kankiwala will join the John Lewis Partnership as chief executive

The Guardian - UK

John Lewis boss Pippa Wicks leaves after less than three years in job

‘Never knowingly undersold’ pledge was ditched under Wicks’ leadership of department store chain business

The Guardian - UK

Brexit is just one of the three Tory errors that have brought Britain to its knees

Years of austerity, and then the Truss-Kwarteng fiasco, have compounded the self-inflicted isolation of leaving the EU

The Independent UK

John Lewis boss says shoppers budgeting and deferring big purchases

Dame Sharon White said there were signs of shoppers changing their habits as a result of cost-of-living pressures.

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Wales Online

Most influential black Britons list includes Sir Lenny Henry, Stormzy and Michaela Coel

Sir Lenny Henry and chair of the John Lewis Partnership Dame Sharon White also appear on the annual list

The Guardian - UK

John Lewis chair Sharon White tops list of influential black Britons

Pioneering leader receives Powerlist award, with other names listed including Michaela Coel and Stormzy

The Independent UK

Sir Lenny Henry, Stormzy and Michaela Coel among most influential black Britons

John Lewis chair Dame Sharon White has topped The Powerlist 2023.

Daily Mirror

The Powerlist 2023: John Lewis boss is top Black role model in UK - see Top 100

The annual chart of the UK’s influential people of African, African Caribbean and African American heritage was created in 2007 to honour role models

Insider UK

John Lewis hands £500 support payout to workers as losses widen

Cost crisis weighs heavy on half-year results for retail group

The Guardian - UK

Why Kwarteng’s focus on bankers’ bonuses is a strange fight to pick

Some of the chancellor’s other proposals may represent a step back to the light-touch era that led to 2008-09 crash

Evening Standard

John Lewis plunges to £99m loss as inflation bites

JOHN Lewis plunged to a £99 million loss in the first half of the year and pledged a £500 payment to full-time staff to help ease the cost-of-living crisis.

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