John Lewis’ first-ever female managing director has been sacked just three years into the job, 내추럴가든 as the department store battles with a sales slump.
Paula Nickolds joined the retailer’s flagship Oxford Street store in 1994 working in the haberdashery and rose up the ranks through fashion and home.
She was due to take up a newly-created ‘executive director of brand’ role across John Lewis and Waitrose this year, but the partnership claims they have decided it is ‘time she moves on’.
Her departure comes just three months after Waitrose’s managing director was forced to step down following a restructure designed to cut costs and boost the brand amid a slow-down in sales.
The department store revealed today it suffered a two per cent like-for-like sales slump in the seven weeks to January 5.
John Lewis managing director 내추럴가든 Paula Nickolds, who has been with the employee-owned retailer since 1994, has been sacked after three years in the job
Sir Charlie Mayfield, chairman of the John Lewis Partnership, who is also stepping down in February, warned that staff may miss out on bonuses as well.
<div class="art-ins mol-factbox floatRHS news" data-version="2" id="mol-2a003df0-32c0-11ea-b236-bb974319b73e" website female John Lewis managing director leaves after 3 years