John Lewis’s New Chief Plans Digital Revival for U.K. Retailer
Pedestrians pass a John Lewis Partnership Plc department store on Oxford Street in London.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
John Lewis Partnership Plc’s new chairwoman plans to expand digital and delivery services as part of a wide-ranging strategy to revive the U.K. retailer.
Sharon White, a former telecommunications regulator who took over the top job earlier this year, said the plan will help generate 400 million pounds ($516 million) of profit by 2025 and at least half of that target within the next two years.