John Lewis | How do employee-ownership models work?

How do employee-ownership models work?

John Lewis announced last week that it was considering bringing an end to its 100% employee ownership. The move comes at a time of increased economic strain due to the cost-of-living crisis and marked shifts in the retail sector.

Sharon White, the chair at John Lewis, says this move would allow the retail giant to raise between £1bn and £2bn of new investment. The retail giant says plans are to sell a minority stake to an investor who embodies similar values, while employees will maintain having a majority of the company’s ownership.

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