The John Lewis Partnership is an employee-owned UK partnership which operates John Lewis department stores, Waitrose supermarkets and some other services. The company is owned by a trust on behalf of all its employees — known as partners - who have a say in the running of the business and receive a share of annual profits, which is usually a significant addition to their salary. The group is the third largest UK private company in the Sunday Times Top Track 100 for 2010. Additionally, John Lewis also has the distinction of being UK's best high-street website after beating M&S in October 2010. The chain's image is upmarket, and it appeals strongly to middle- and upper-class shoppers. Recently, however, John Lewis has broadened its marketing strategy towards all types of buyers, with the introduction of the 'Value' range to John Lewis and the 'Essential' range to Waitrose, and the expansion of the business.
The partnership also supplies the Ocado web supermarket with Waitrose own-brand foods and John Lewis own-brand non-food items.
Read more about John Lewis Partnership: History, Organisation of The Partnership, Financial Performance, Department Stores, Supermarkets, Direct Services, Credit Cards and Account (store) Cards, Manufacturing
Famous quotes containing the words lewis and/or partnership:
“As a result of the feminist revolution, “feminine” becomes an abusive epithet.”
—Percy Wyndham Lewis (1882–1957)
“Nevertheless, no school can work well for children if parents and teachers do not act in partnership on behalf of the children’s best interests. Parents have every right to understand what is happening to their children at school, and teachers have the responsibility to share that information without prejudicial judgment.... Such communication, which can only be in a child’s interest, is not possible without mutual trust between parent and teacher.”
—Dorothy H. Cohen (20th century)