John Lewis Partnership to close Windsor Department Store
23 Jan '06
3 min read
Gordon Stenton, Managing Director of Caleys, continued, “Following careful and thorough consideration, we have accepted that whatever we do, we cannot make a sufficient recovery in sales and profitability to secure a viable future for Caleys. The location, size and layout of the building will always stand in the way of any prospect of a return to profitable trading.
“This is an especially difficult time for Partners. We will do all we can to help affected Partners secure jobs elsewhere in the business, including at John Lewis Reading where a number of opportunities already exist. Where vacancies are not available, we will help and support Partners to look for work outside the business.”
UK's leading retailer The Partnership is Britain's biggest and longest surviving example of worker co-ownership. All 60,000 permanent staff are Partners in the business and share in its profits - that's why they care about the customers - and the suppliers - and the future.
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