Jan 10, 2019

John Lewis staff bonus in doubt

John Lewis says sales in the seven-week Christmas period were 1.4% higher than for the same period last year. That may not be enough to secure a bonus for its staff this year, the firm said. Gross like-for-like sales, which strip out the impact of store opening and closures, at its Waitrose supermarkets, were £1.05bn, up 0.3% on last year. The John Lewis department stores themselves saw sales of £1.1bn, up 1% on last year. If the partnership decides not to, it would mark the first year since 1953 that staff had not had a profit share.

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