John Lewis Partnership news and archive

John Lewis Partnership’s chairman to step down in 2020

The John Lewis Partnership has announced that the company has begun the search for a successor to Sir Charlie Mayfield, who will step down as the Partnership’s fifth Chairman in its nearly 100 year history during 2020. The company added that the new Chairman will be announced in the second half of 2019. Commenting on his decision, Sir Charlie...

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John Lewis adds ‘& Partners’ as part of rebrand

London - John Lewis and Waitrose, part of the John Lewis Partnership, have both added ‘& Partners’ in their brand names as the business look to “focus on what differentiates them from competitors”. The rebrand, which aims to highlight the businesses 83,000 partners who work for the two retailers, was unveiled this morning on the facades of the...

Management

Andy Martin to join John Lewis Partnership's board of directors

The John Lewis Partnership has said that Andy Martin would be joining as a non-executive director of the board and as chair of the audit and risk committee. The company added that Martin succeeds Baroness Sarah Hogg who joined the Partnership board in 2011 and whose term of office ended on June 30, 2018. Commenting on Martin’s appointment to...

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John Lewis appoints Michael Herlihy as Partnership Secretary

The John Lewis Partnership has announced the appointment of Michael Herlihy as Partnership Secretary who the company said, joins the business on April 16, 2018. This, the company added, follows the departure of Keith Hubber, who left in January after three years at the Partnership. Commenting on Herlihy’s appointment, Sir Charlie Mayfield,...

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Roger Davies to join John Lewis as Group Procurement Director

The John Lewis Partnership has announced the appointment of Roger Davies as the Group Procurement Director. The company said, he will be taking up the new position this summer. Commenting on the new appointment, Patrick Lewis, Group Finance Director of the John Lewis Partnership, said in a media statement: “Roger joins us with a wealth of...

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Andrew Murphy named CIO at John Lewis Partnership

The John Lewis Partnership has announced Andrew Murphy as its next Chief Information Officer (CIO). Murphy, the company said, is currently group productivity director for the Partnership and will take up the CIO role on February 1, 2018. He will replace Paul Coby who will leave at the end of April 2018 after serving the company for last seven...

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Tom Athron to leave the John Lewis Partnership next year

John Lewis Partnership Chairman, Sir Charlie Mayfield, has announced that the company’s group development director, Tom Athron, will leave the business in spring 2018. Commenting on the announcement, he said in a media release: 'Tom has enjoyed a successful 12 years in the Partnership and has decided that he now wishes to explore new...

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Laura Wade-Gery appointed to John Lewis Partnership board

The John Lewis Partnership today announced the appointment of Laura Wade-Gery as a non-executive director of the board. Commenting on Wade-Gery’s appointment to the board, Sir Charlie Mayfield, Chairman of the John Lewis Partnership, said in a statement: 'I am pleased to announce the appointment of Laura Wade-Gery who brings a wealth of...

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John Lewis allocates 36 million pounds to comply with NMWR

The John Lewis Partnership, the employee-owned group which oversees department store group John Lewis and Waitrose supermarket, announced today that it has set aside 36 million pounds after finding out it may not have complied with the government National Minimum Wage Regulations. In a statement released on Tuesday, alongside its annual report,...

Management

FY16 sales up 3.2 percent but John Lewis cuts staff bonus by 6 percent

In 2016/17 the John Lewis Partnership said that the group delivered sales growth with both Waitrose and John Lewis increasing their market shares and customer numbers. Partnership gross sales were 11.37billion pounds (13.81 billion dollars), an increase of 355.4 million pounds (431 million dollars) or 3.2 percent, on last year. Revenue was 10.03...

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John Lewis slashes employee bonus to 6 percent

London - The John Lewis has cut its annual employee bonus to 6 percent for this year, down from 10 percent last year as the company's board of directors chose to hold onto more of its annual profits to help strengthen its balance sheet. "The Board has awarded a Bonus of 6 percent, which is equivalent to more than 3 weeks’ pay," said Sir Charlie...

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John Lewis appoints Keith Williams as Deputy Chairman

The John Lewis Partnership has announced the appointment of Keith Williams as non-executive Deputy Chairman, succeeding Mark Price who leaves the Partnership on April 4, 2016. Williams will be taking up his new role from the same day. ”I'm delighted Keith has agreed to take up the role of Deputy Chairman. In the two years since his appointment...