John Lewis: can kinder capitalism compete in ruthless retail? | FT Film
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Video Description
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? 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'
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