Chairman Sir Charlie Mayfield to wield axe at John Lewis Partnership and Waitrose

John Lewis

The board of John Lewis is preparing a sweeping restructuring drive that aims to run the retail chain and Waitrose closer together, paving the way for further job losses.

Sources said the partnership’s outgoing chairman, Sir Charlie Mayfield, has drawn up plans to reduce duplication in the businesses, which have long been run independently of each other.

Read the full story on The Sunday Times.