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The Guardian - AU
The Guardian - AU
Business
Guardian staff and agencies

John Lewis considering end to 100% employee ownership – reports

John Lewis signage outside its store in Oxford Street, London
John Lewis is considering diluting its staff ownership stake, according to media reports. Photograph: Sean Dempsey/PA

The John Lewis retail group, which is 100% owned by its staff, is considering diluting its partnership structure, according to reports.

Its chair, Sharon White, is in the early stages of exploring a plan to change the retailer’s mutual structure so it can try to raise between £1bn and £2bn of new investment, the Sunday Times reported.

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