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Booked Into John Lewis Model

Posted at 6:40PM Friday 27 Jan 2012

Prescient indeed was Toby Blackwell. Faced with a continuing loss at the book-selling business founded by his grandfather and determined to keep the "family name over the door", he moved the goalposts.

He announced he would follow the John Lewis model and give the business away to the staff.

But giving Blackwell's away is not proving easy because both Mr Blackwell, 83, chairman of the company, and the employees want to get the business back into profit before completing the deal — a situation they hope to bring about by 2013.

heraldseries.co.uk


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