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John Lewis Partnership
The John Lewis Partnership plc (JLP) is a British company which operates John Lewis & Partners department stores, Waitrose & Partners supermarkets, its banking and financial services, and other retail-related activities. The privately-held public limited company is owned by a trust on behalf of all its employees — known as ''Partners'' – and a bonus, akin to a share of the profit, is paid to employees. John Lewis has around 80,800 Partners/employees as of 2020. JLP group is the third-largest UK non-traded company by sales in ''The Sunday Times'' Top Track 100 for 2016. The chain's image is upmarket, and its customers are likely to be more affluent consumers. It was a member of the International Association of Department Stores from 2004 to 2010. The Partnership also supplied the Ocado web supermarket with Waitrose own-brand foods and John Lewis own-brand non-food items such as home items e.g. furniture. This deal expired in September 2020, when Marks & Spencer began a new ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Stock Trade
In finance, a trade is an exchange of a security ( stocks, bonds, commodities, currencies, derivatives or any valuable financial instrument) for "cash", typically a short-dated promise to pay in the currency of the country where the 'exchange' is located. The price at which a financial instrument is traded, is determined by the supply and demand for that financial instrument. ;Securities trade life cycle # Order initiation and execution. (Front office function) # Risk management and order routing. (Middle office function) # Order matching and conversion into trade. (Front office function) # Affirmation and confirmation. (back office function) # Clearing and Settlement. (back office function) See also * Electronic trading platform In finance, an electronic trading platform also known as an online trading platform, is a computer software program that can be used to place orders for financial products over a network with a financial intermediary. Various financial products ...
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Hand Barrow
The handbarrow, also spelled hand-barrow and hand barrow, is a type of human-powered transport. It was originally a flat, rectangular frame used to carry loads such as salt cod, cheese and guano. It has handles on both ends, so two people are needed to use it. In Dutch cheese markets, official porters (''kaasdragers'') still use traditional barrows, albeit with straps, to transport cheese. A special handbarrow was built to move the Stone of Destiny around Westminster Abbey. Modern usage has expanded the definition to include the wheelbarrow or any wheeled cart or box propelled by hand. Scholars such as Lynn Townsend White Jr., Albert Leighton and Andrea Matthies suggest it may have inspired the invention of the wheelbarrow. The addition of a wheel meant it only required one person. (Leonardo da Vinci is sometimes credited as the inventor, but a crude form of the wheelbarrow was in use in England in the early 14th century, predating da Vinci by a century.) The Middle English word ...
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City Of London
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London from its settlement by the Romans in the 1st century AD to the Middle Ages, but the modern area named London has since grown far beyond the City of London boundary. The City is now only a small part of the metropolis of Greater London, though it remains a notable part of central London. Administratively, the City of London is not one of the London boroughs, a status reserved for the other 32 districts (including Greater London's only other city, the City of Westminster). It is also a separate ceremonial county, being an enclave surrounded by Greater London, and is the smallest ceremonial county in the United Kingdom. The City of London is widely referred to simply as the City (differentiated from the phrase "the city of London" by ca ...
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Procurement
Procurement is the method of discovering and agreeing to terms and purchasing goods, Service (economics), services, or other works from an external source, often with the use of a tendering or competitive bidding process. When a government agency buys goods or services through this practice, it is referred to as Government procurement, public procurement. Procurement as an organization, organizational process is intended to ensure that the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and fluctuations in the prices of goods. Organisations which have adopted a corporate social responsibility perspective are also ...
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Haberdasher
In British English, a haberdasher is a business or person who sells small articles for sewing, dressmaking and knitting, such as buttons, ribbons, and zippers; in the United States, the term refers instead to a retailer who sells men's clothing, including suits, shirts, and neckties. The sewing articles are called "haberdashery" in British English. The corresponding term is " notions" in American English where haberdashery is the name for the shop itself, though it's largely an archaicism now. In Britain, haberdashery shops, or "haberdashers", were a mainstay of high street retail until recent decades, but are now uncommon, due to the decline in home dressmaking, knitting and other textile skills and hobbies, and the rise of internet shopping. They were very often drapers as well, the term for sellers of cloth. __NOTOC__ Origin and use The word ''haberdasher'' appears in Chaucer's ''Canterbury Tales''. It is derived from the Anglo-French word ''hapertas'' meaning "small w ...
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Wells, Somerset
Wells () is a cathedral city and civil parish in the Mendip district of Somerset, located on the southern edge of the Mendip Hills, south-east of Weston-super-Mare, south-west of Bath and south of Bristol. Although the population recorded in the 2011 census was only 10,536, (increased to 12,000 by 2018) and with a built-up area of just , Wells has had city status since medieval times, because of the presence of Wells Cathedral. Often described as England's smallest city, it is actually second smallest to the City of London in area and population, but unlike London it is not part of a larger urban agglomeration. Wells takes its name from three wells dedicated to Saint Andrew, one in the market place and two within the grounds of the Bishop's Palace and cathedral. A small Roman settlement surrounded them, which grew in importance and size under the Anglo-Saxons when King Ine of Wessex founded a minster church there in 704. The community became a trading centre based on ...
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Somerset
( en, All The People of Somerset) , locator_map = , coordinates = , region = South West England , established_date = Ancient , established_by = , preceded_by = , origin = , lord_lieutenant_office =Lord Lieutenant of Somerset , lord_lieutenant_name = Mohammed Saddiq , high_sheriff_office =High Sheriff of Somerset , high_sheriff_name = Mrs Mary-Clare Rodwell (2020–21) , area_total_km2 = 4171 , area_total_rank = 7th , ethnicity = 98.5% White , county_council = , unitary_council = , government = , joint_committees = , admin_hq = Taunton , area_council_km2 = 3451 , area_council_rank = 10th , iso_code = GB-SOM , ons_code = 40 , gss_code = , nuts_code = UKK23 , districts_map = , districts_list = County council area: , MPs = * Rebecca Pow (C) * Wera Hobhouse ( LD) * Liam Fox (C) * David Warburton (C) * Marcus Fysh (C) * Ian Liddell-Grainger (C) * James Heappey (C) * Jacob Rees-Mogg (C) * John Penrose (C) , police = Avon and Somerset Police ...
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Shepton Mallet
Shepton Mallet is a market town and civil parish in the Mendip District of Somerset, England, some south-west of Bath, south of Bristol and east of Wells. It had an estimated population of 10,810 in 2019. Mendip District Council is based there. The Mendip Hills lie to the north and the River Sheppey runs through the town, as does the route of the Fosse Way, the main Roman road between north-east and south-west England. There is evidence of Roman settlement. Its listed buildings include a medieval parish church. Shepton Mallet Prison was England's oldest, but closed in March 2013. The medieval wool trade gave way to trades such as brewing in the 18th century. It remains noted for cider production. It is the closest town to the Glastonbury Festival and nearby the Royal Bath and West of England Society showground. History Etymology The name Shepton derives from the Old English ''scoep'' and ''tun'', meaning "sheep farm"; the ''Domesday Book'' of 1086 records a settlement kn ...
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John Lewis (department Store Founder)
John Robert Lewis (February 21, 1940 – July 17, 2020) was an American politician and civil rights activist who served in the United States House of Representatives for from 1987 until his death in 2020. He participated in the 1960 Nashville sit-ins, the Freedom Rides, was the chairman of the Student Nonviolent Coordinating Committee (SNCC) from 1963 to 1966, and was one of the " Big Six" leaders of groups who organized the 1963 March on Washington. Fulfilling many key roles in the civil rights movement and its actions to end legalized racial segregation in the United States, in 1965 Lewis led the first of three Selma to Montgomery marches across the Edmund Pettus Bridge where, in an incident which became known as Bloody Sunday, state troopers and police attacked Lewis and the other marchers. A member of the Democratic Party, Lewis was first elected to the U.S. House of Representatives in 1986 and served 17 terms. The district he represented included most of Atlanta. Due to ...
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Marks & Spencer
Marks and Spencer Group plc (commonly abbreviated to M&S and colloquially known as Marks's or Marks & Sparks) is a major British multinational retailer with headquarters in Paddington, London that specialises in selling clothing, beauty, home products and food products. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index; it had previously been in the FTSE 100 Index from its creation until 2019. M&S was founded in 1884 by Michael Marks and Thomas Spencer (businessman), Thomas Spencer in Leeds. M&S currently has 959 stores across the UK, including 615 that only sell food products and through its television advertising, asserts the exclusive nature and luxury of its food and beverages. It also offers an online food delivery service through a joint venture with Ocado. In 1998, the company became the first British retailer to make a pre-tax profit of over £1 billion, although it then went into a sudden slump taking the company and its stakeho ...
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Onlineshop
Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which displays the same product's availability and pricing at different e-retailers. As of 2020, customers can shop online using a range of different computers and devices, including desktop computers, laptops, tablet computers and smartphones. An online shop evokes the physical analogy of buying products or services at a regular "bricks-and-mortar" retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another businesses, the process is called business-to-business (B2B) online shopping. A typical online store enables the customer to browse ...
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