Ex-John Lewis boss Street: Staff ownership changes would be ‘a tragedy’

Andy Street, former managing director, John Lewis

Ex-John Lewis boss Andy Street has urged the retailer not to change its staff ownership model, saying any move to take outside investment would be “a tragedy”.

Street, mayor of the West Midlands and the retailer’s managing director from 2007 to 2016, told BBC One’s Sunday with Laura Kuenssberg show: “I think John Lewis goes a bit beyond a shop. You can buy the same television from other places is the truth.

 

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