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In 2023, John Lewis asked board member Nish Kankiwala to become its first CEO; after 3 years of losses, the retailer returned to profit in 2024 under his leadership

23 Sep 2026, 17:31 GMT By Piyush Shukla
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Article In 2023, John Lewis asked board member Nish Kankiwala to become its first CEO; after 3 years of losses, the retailer returned to profit in 2024 under his leadership
Credit: Piyush Shukla

When Nish Kankiwala arrived at John Lewis in 2023, the retailer was facing a problem that went beyond a weak set of accounts. The business had recorded three consecutive years of losses. Kankiwala's job was to help change that position while also changing how the retailer worked.