© Reuters. FILE PHOTO: Customers stroll previous the John Lewis division retailer on Oxford Road in London, Britain December 17, 2018. REUTERS/Simon Dawson

(Reuters) – British retailer John Lewis, which has been 100% owned by its workers, is contemplating diluting its partnership construction, The Occasions reported on Saturday.

The chairperson, Dame Sharon White, is in early phases of exploring a plan to vary the retailer’s mutual construction so it could possibly attempt to increase between 1 billion and a pair of billion kilos ($1.22 billion-$2.44 billion) of latest funding, the report added.

John Lewis didn’t reply to a request from Reuters for remark.

($1 = 0.8214 kilos)

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