The UK's muchloved John Lewis department store is a bellwether for Middle England. Its partnership model means the store is owned by its staff. But can this kind of 'caring capitalism' survive in a world of ruthless online retail?
#johnlewis #retailindustry #capitalism #capitalinvestment #retail #retailstrategy
01:43 Challenges for John Lewis
03:38 A radical model of partnership
06:56 Stores boom
10:38 Profits warning
13:12 Stores closed
16:42 'Never knowingly undersold'
18:41 Funding crisis
22:50 Battle with Marks & Spencer
28:20 Can the Partnership survive?
See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmen....
► Check out our Community tab for more stories: / @financialtimes
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: / financialtimes'