Investing
UK’s John Lewis eyes end of 100% staff ownership – The Times
© Reuters. FILE PHOTO: Shoppers walk past the John Lewis department store on Oxford Street in London, Britain December 17, 2018. REUTERS/Simon Dawson
(Reuters) – 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 investment, the report added.
John Lewis did not reply to a request from Reuters for comment.
($1 = 0.8214 pounds)
Read the full article here
A Macy’s Employee Made Accounting Errors Worth $132 Million
Elon Musk Taught Himself to Code. Now It’s Your Turn.
5 Ways to Hire and Retain Top Talent in 2025
3 Simple Tips for Increasing Your Annual Recurring Revenue
Palantir assigned Street-high targets by Wedbush and BofA By Investing.com
How to Create a Unique Value Proposition (With Tips & Examples)
Are You Missing These Hidden Warning Signs When Hiring?
7 Common Things You Should Never Buy New
The DOJ Reportedly Wants Google to Sell Its Chrome Browser
This All-Access Pass to Learning Is Now $20 for Black Friday
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Side Hustles6 days agoHow to Create a Unique Value Proposition (With Tips & Examples)
-
Investing5 days agoAre You Missing These Hidden Warning Signs When Hiring?
-
Make Money5 days ago7 Common Things You Should Never Buy New
-
Side Hustles6 days agoThe DOJ Reportedly Wants Google to Sell Its Chrome Browser
-
Investing2 days agoThis All-Access Pass to Learning Is Now $20 for Black Friday
-
Passive Income2 days agoHow to Create a Routine That Balances Rest and Business Success
-
Side Hustles3 days agoApple Prepares a New AI-Powered Siri to Compete With ChatGPT
-
Investing5 days agoGoogle faces call from DuckDuckGo for new EU probes into tech rule compliance By Reuters