Ex-Waitrose loyalty boss claims John Lewis Partnership is losing ‘core ethos’

Former myWaitrose customer loyalty manager Neil Stead has claimed the upmarket retailer’s parent company, the John Lewis Partnership, is losing sight of its “core ethos” amid a lack of confidence from partners.

According to The Times, Stead said that the John Lewis Partnership should focus its efforts back onto customers to re-gain its “former glory”.

The retailer has come under pressure of late following annual losses of £234 million along with its plans to sell a minority stake in the business to raise funds.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


Last week, White also suffered a blow after the Partnership council said it did not have confidence in the businesses performence under her leadership.

Stead explained to The Times that throughout his time with Waitrose, he “always worked with a customer-first mentality,” and that its “partners came a very close second,” adding that by the end of his time at the retailer he felt “the focus had turned to profit and specifically short-term sales”.

He said that while he expects the business will “one day return to its former glory,” it needs to “adapt to the ever-changing retail horizon. It must regain sight of its customers, not just the low-hanging fruit, and its partners”.

NewsSupermarkets

RELATED POSTS

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

Menu

SUBSCRIBE TO OUR NEWSLETTER

Sign up to our daily newsletter to get all the latest grocery news and insights direct to your inbox.

  • This field is for validation purposes and should be left unchanged.