BVTV: John Lewis breakup | Reuters Video

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BVTV: John Lewis breakup | Reuters Video
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📺 UK employee-owned retailer John Lewis is looking for an investor to pump $2.5 billion into the business. aimeedonnellan argues that such a sale would dilute its mutual credentials, adding to its problems. Watch 👉

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John Lewis needs a breakup more than a rescueJohn Lewis needs a breakup more than a rescueThe UK employee-owned retailer wants to raise $2.5 bln to improve its ailing stores. But that could leave a new investor owning nearly half the company, undermining its mutual status. Merging its grocer Waitrose with rival M&S would bring in cash and forge a more viable player.
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