John Lewis boss needs more than just a positive outlook
Sharon White’s optimism is not entirely misplaced, but getting the department store s mojo back will be her biggest challenge
Sharon White is chairman of the John Lewis Partnership
Credit: Paul Grover for the Telegraph
Two billion. That’s how many reasons John Lewis boss Sharon White has to do things that her predecessors thought unimaginable.
Well, £2.1bn to be precise. With the 157-year-old high street darling drowning in debt, Dame Sharon has had to be unflinching in her overhaul.
The pandemic has helped too. John Lewis was already struggling but a Covid-induced collapse in profits has left it embroiled in a scrap for survival, providing the cover needed to swing the axe at an institution that prides itself on being cuddly.
John Lewis must adapt or die, says Sharon White telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.
×
Thank you for Reading.
Please log in, or sign up for a new account and purchase a subscription to continue reading.
Please purchase a subscription to continue reading.
Your current subscription does not provide access to this content.
World War II veteran from Welch becomes oldest organ donor timeswv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timeswv.com Daily Mail and Mail on Sunday newspapers.