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John Lewis Partnership

The John Lewis Partnership is a department store and supermarket business trading in the United Kingdom. It is structured as a partnership of the employees. The supermarket business trades under the name Waitrose. The department stores trade under various names including John Lewis, Peter Jones, George Henry Lee and Bainbridge.

The business was founded in 1864 when John Lewis set up a draper's shop in Oxford Street, London, which developed into a department store. In 1920 his son, Spedan Lewis, expanded earlier power-sharing policies by sharing the profits the business made among the employees. The democratic nature and profit-sharing basis of the business were developed into a formal partnership structure. By May 2003, 59,485 employee-partners worked for the John Lewis Partnership.

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