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Evening Standard
Evening Standard
Business
Ted Hennessey

It would be ‘a tragedy’ if John Lewis ownership model changes, says former boss

John Lewis

It would be “a tragedy” if John Lewis changed its ownership model, a former boss has said.

Reports last week suggested the company is considering ending its 100% staff-owned structure, with the partnership’s chairwoman, Sharon White, exploring plans to sell a minority stake in the business to raise cash.

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