John Lewis: can kinder capitalism compete in ruthless retail? | FT Film
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The UK's much-loved 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?
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#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?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► Check out our Community tab for more stories: https://www.youtube.com/@FinancialTimes/community
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: https://www.instagram.com/financialtimes'
