John Lewis chair Dame Sharon White has maintained that any external investment that may be brought in will not signal the end of the partnership, but will be a testament to the appeal of its co-owned model.
News that the Partnership, which owns the John Lewis department store business and grocer Waitrose, may seek external financing to drive forward its transformation sparked intense debate and fears that the business would dilute its purpose.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.