UK's John Lewis eyes end of 100% staff ownership, the Times reports

reuters.com/business/retail-consumer/uks-john-lewis-eyes-end-100-staff-ownership-times-2023-03-18

British retailer John Lewis, which has been 100% owned by its staff, is considering diluting its partnership structure, The Times reported on Saturday.
The chairperson, Dame Sharon White, is in 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 ($1.22 billion-$2.44 billion) of new…

This story appeared on reuters.com, 2023-03-18.
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