John Lewis considers historic change to staff ownership structure

John Lewis considers plan to change staff-owned structure

The chain's famous staff-ownership structure could be watered down to raise new funds.
Mar. 19, 2023 - BBC News - Home - Top stories

John Lewis considering end to 100% employee ownership – reports

Plans to raise money in new investment said to be behind reported move, after the company said it would have to cut staffThe John Lewis retail group, which is 100% owned by its staff, is considering diluting its partnership structure, according to ...
Mar. 18, 2023 - The Guardian - World

John Lewis: Ex-boss says changing ownership model would be a tragedy

Andy Street says the department store chain should not change its staff ownership structure.
Mar. 26, 2023 - BBC News - Home - Top stories

New John Lewis boss tells employees business must change ‘at pace’

Struggling UK retailer launches probe into leaks relating to partial demutualisation
8 hours ago - UK homepage - Business

‘You’d come out feeling better’: shoppers on changes at John Lewis

Store closures and loss of bonuses are blow to customers and workers who feel part of John Lewis familyWhen John Lewis announced it would not reopen its Sheffield store after the pandemic, Margaret Dakin was devastated. “The shock was literally ...
Mar. 25, 2023 - The Guardian - World

Employee ownership is the heart and soul of John Lewis – losing that would destroy it | Gemma Goldfingle

Yes, its customers could buy cheaper beans or bras elsewhere. But there’s an inherent trust tied up in its ownership structure which is now under threatThe John Lewis Partnership (JLP) has long been held up as an example of how business should be ...
Mar. 20, 2023 - The Guardian - World

John Lewis: Mary Portas warns retailer it has 'let go' of its soul

In an open letter the retail consultant says the store is "part of our collective cultural identity".
Mar. 24, 2023 - BBC News - Home - Top stories

John Lewis partnership model will ‘survive for decades to come’

Retailer’s unusual structure not under threat, despite reports of plan to sell a minority stake, says chair Sharon White
Mar. 22, 2023 - UK homepage - Business

John Lewis may find that cuddly co-investors don’t exist | Nils Pratley

Sharon White, chair of the partnership, is fishing in an extremely small pool if investors must be like-mindedWould the world fall apart if the John Lewis Partnership were not 100% owned by its staff? Would the shoppers revolt if an outside ...
Mar. 22, 2023 - The Guardian - World

U.S. Treasury to Change Proposed Corporate-Ownership Reporting Form

The U.S. Treasury Department said it would change its plans for rolling out a corporate-ownership database, after its release of a draft reporting form appeared to give companies a way to opt out of providing certain information and prompted ...
Mar. 28, 2023 - WSJ.com: World News - World

Financial News: Anger and tears from shocked Credit Suisse staff after historic UBS takeover

For Credit Suisse's 50,000 employees, many questions remain.
Mar. 20, 2023 - MarketWatch.com - Top Stories - Business

MLB Commissioner Rob Manfred on historic rule changes, diversity in baseball and Opening Day 2023

The MLB baseball season starts Thursday, and fans will notice a few big changes to the way the game is played. MLB Commissioner Rob Manfred joins "CBS Mornings" to discuss the changes, including a new pitch clock, and why he thinks it will help ...
Mar. 29, 2023 - Home - CBSNews.com - Top stories - MLB

Rob Page hails ‘fresh energy’ in Wales setup after squad and staff changes

Gareth Bale will attend first Wales game since retirementAaron Ramsey says Croatia draw was important markerWales will give Gareth Bale a warm send-off before hosting Latvia on Tuesday with the manager, Rob Page, hailing the “fresh energy” that ...
Mar. 27, 2023 - The Guardian - World

'John Wick' Changed Movies Forever

A movie about a hitman avenging his dog has transformed the blockbuster franchise. How? World-building.
Mar. 24, 2023 - Wired - Tech

New Lyft CEO’s ‘unusual’ pay structure is a ‘sign of the times’

Lyft Inc. is shaking up its leadership, and it's also shaking up the way it pays its top executive.
12 hours ago - MarketWatch.com - Top Stories - Business

Premier League tightens ownership rules to stop human rights abusers running a club

The Premier League tightens its ownership rules to ensure anyone found to have committed human rights abuses cannot run a club.
Mar. 30, 2023 - BBC News - Home - Top stories

Michael Jordan’s big score: why his NBA ownership tenure is far from a failure

The Charlotte Hornets have struggled to achieve on-court success under the Hall of Famer. But in business terms, his achievements are nothing but netIt used to be that only the truly exceptional were called “the Michael Jordan of” their particular ...
Mar. 29, 2023 - The Guardian - World - NBA

Newcastle: Premier League chief Richard Masters 'can't' say if Saudi ownership being re-examined

Premier League chief executive Richard Masters tells MPs he cannot comment on whether his organisation is investigating who has control of Newcastle.
Mar. 28, 2023 - BBC News - Home - Top stories

Aces stars tweet excitement after Tom Brady joins team ownership

The reigning WNBA champions added the seven-time Super Bowl-winning quarterback to their ownership group. Las Vegas players Plum and Wilson were thrilled about the news.
Mar. 24, 2023 - www.espn.com - TOP - Sports - NFL

Empower Employees Through a Culture of Ownership: A Guide for Leaders

You can improve productivity, decrease absenteeism, and align personal and company success with this leadership change.
Mar. 23, 2023 - Inc.com - Business

Antonio Conte criticises Tottenham Hotspur ownership and 'selfish' players

A furious Antonio Conte says his Tottenham players are "selfish" and the club "can change the manager but the situation cannot change".
Mar. 18, 2023 - BBC News - Home - Top stories

Lewis Hamilton admits Mercedes need ‘rest of the year’ to catch Red Bull

Driver offers another blunt critique of performanceFormer F1 champion placed fifth in first two races of 2023Lewis Hamilton has conceded it may take Mercedes the entirety of the 2023 Formula One season to close the gap to frontrunners Red Bull, ...
Mar. 30, 2023 - The Guardian - World

Lewis Hamilton says it 'could take a long time' for Mercedes to compete with Red Bull

Lewis Hamilton says "it could take a long time" before Mercedes can compete again with Red Bull.
Mar. 30, 2023 - BBC News - Home - Top stories

Rent rise: Sara Lewis's daily Aberllefenni bench protest

Sara Lewis, 55, who has to use an oxygen bottle, spends six hours a day on the bench in her village.
Mar. 25, 2023 - BBC News - Home - Top stories

Nelson Piquet fined £780k for racist and homophobic comments about Lewis Hamilton

Brazilian fined for language used in two interviewsJudge awards damages so ‘society can be free’ from prejudiceThe three-times Formula One champion Nelson Piquet must pay 5m reals (£780k) in moral damages for racist and homophobic comments about ...
Mar. 25, 2023 - The Guardian - World

Date:	Mar. 19, 2023 12:30 PM ET
Link:	More at "Financial Times"
Source:	UK homepage - ft.com
Category:	Business