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John Lewis boss Dame Sharon White is to step down after five years, making her the shortest-serving chair in the partnership's near 100-year history.
Dame Sharon's five-year term ends in February 2025. She has told the board she will not seek a second term.
The partnership reported a loss of £234m last year, forcing it to scrap the annual staff bonus.
BBC NewsJohn Lewis boss Dame Sharon White to step down after five yearsDame Sharon White will leave at the end of her term, making her the shortest-serving chair in the retailer's history.