John Lewis Partnership

John Lewis Partnership plc
Company typePublic limited company[1][2]
IndustryRetail
FoundedOxford Street, London (1929 (1929))[3]
FounderJohn Spedan Lewis
HeadquartersWestminster, London
Key people
Dame Sharon White
(Chairman) (Until September 2024) Jason Tarry (From September 2024)
Products
  • Clothing
  • Watches
  • Jewellery
  • Giftwares
  • Cosmetics
  • Housewares
  • Furniture
  • Beds
  • Audio-visual
  • Computing
  • Photography
  • Food
  • Direct services
  • Financial services
RevenueIncrease £10.84 billion (FY2022)[4]
Increase £118.3 million (FY2022)[4]
Increase £−67.8 million (FY2022)[4]
Total assetsIncrease £7.785 billion (FY2022)[4]
Total equityIncrease £2.748 billion (FY2022)[4]
Number of employees
80,000 (2022)[5]
Subsidiaries
Websitejohnlewispartnership.co.uk

The John Lewis Partnership plc[1] (JLP) is a British company that operates John Lewis & Partners department stores, Waitrose supermarkets, its banking and financial services, and other retail-related activities. The public limited company[1][2] is owned by a trust[2] on behalf of all its employees – known as partners – and a bonus, akin to a share of the profit, is paid to employees. John Lewis has around 80,800 partners/employees as of 2020. JLP Group was the third-largest UK non-traded company by sales in The Sunday Times Top Track 100 for 2016.[6] The chain's image is upmarket, and its customers are likely to be more affluent consumers. It was a member of the International Association of Department Stores from 2004 to 2010.[7][8]

The Partnership also supplied the Ocado web supermarket with Waitrose own-brand foods and John Lewis own-brand non-food items such as furniture. This arrangement expired in September 2020, when Marks & Spencer began a new £750 million contract with Ocado.

  1. ^ a b c "JOHN LEWIS PARTNERSHIP PLC". Companies House. Retrieved 17 October 2019.
  2. ^ a b c Williams, Joe (25 November 2010). "Employee share ownership: John Lewis Partnership 'not what it purports to be'". hrmagazine.co.uk. Retrieved 27 July 2020.
  3. ^ "John Lewis Partnership — Our founder — the John Spedan Lewis story". John Lewis Partnership. Archived from the original on 14 February 2015. Retrieved 11 November 2012.
  4. ^ a b c d e "Annual Report 2022" (PDF). John Lewis Partnership. Retrieved 13 November 2022.
  5. ^ "John Lewis Partnership". www.johnlewispartnership.co.uk. Retrieved 26 April 2022.
  6. ^ "The Sunday Times HSBC Top Track 100 league". FAST TRACK in association with The Sunday Times. Retrieved 19 October 2016.
  7. ^ "News releases - www.stockmanngroup.com". www.stockmanngroup.com. Retrieved 20 June 2021.
  8. ^ "List of members". www.iads.org. Retrieved 20 June 2021.

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