5/22/2023 0 Comments The Charge by Sharon Bayliss![]() ![]() Unhappy employees took to internal chat boards, and a number of retail figures joined the chorus of disapproval. ![]() The news that partners would be going without an annual bonus for the second time in three years added to a growing sense of disquiet among the rank and file, but the bombshell that White was considering selling a stake to outside investors has prompted disbelief bordering on outright panic in some circles. Now, this challenge to her leadership risks throwing everything up in the air.ĭiscontent has been building since March, when the partnership unveiled a shrinking cash pile and a £234m annual loss across its John Lewis department stores and Waitrose supermarkets. It was already becoming difficult for John Lewis to hide from the remorseless logic of its finances, which show White has so far failed to halt the decline of the venerable retailer despite four years of toil. ![]() ![]() Somewhat aptly, her comments turned out to be the prelude for a rare rebellion against a John Lewis boss by the company's 58-person staff council.Ī vote of no confidence in last year’s performance is a serious dent to her leadership, and while staff backed her to remain in charge, there’s no escaping that it is an embarrassing blow. ![]()
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