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Gemma Goldfingle

Gemma Goldfingle is editor of Retail Gazette

March 2023

  • John Lewis considers plan to change its staff-owned structure, High Wycombe, Buckinghamshire, UK - 20 Mar 2023<br>Mandatory Credit: Photo by Geoffrey Swaine/REX/Shutterstock (13834961q) The John Lewis flagship store in High Wycombe. John Lewis is considering a potential change to its employee-owned business structure thus changing more than 70 years of tradition. The John Lewis group, which also owns Waitrose, is currently fully owned by its staff, who receive a share in the profits.But in the face of tough trading times the firm is said to be considering the idea of selling a minority stake. John Lewis considers plan to change its staff-owned structure, High Wycombe, Buckinghamshire, UK - 20 Mar 2023

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

    Gemma Goldfingle
    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
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