John Lewis Partnership Plc Chairman Sharon White has moved to reassure customers and staff after it was reported the employee-owned retailer was considering selling a minority stake.
More than three days after the Sunday Times reported that the mutual, which also owns grocery chain Waitrose, may look to raise at least £1 billion ($1.2 billion), White said the company had “always been open to new partnerships with investors or like-minded companies” to support its growth.