John Lewis warns of more store closures as pandemic drives £517m annual loss

Business

The John Lewis Partnership has revealed it does not expect to reopen all its department stores as coronavirus lockdowns are eased.

The company, which also includes the Waitrose supermarket chain in its stable, announced last year that it would not pay a bonus to its staff – known as partners – for the first time since 1953 and cut 1,300 jobs amid coronavirus restrictions on stores.

Products You May Like

Articles You May Like

SoftBank-backed TravelPerk doubles valuation to $2.7 billion, plans fintech push
Scientists Discover Hidden Clues to the Dark Universe in 3D Galaxy Maps
Strictly star apologises for ‘inappropriate’ language during tour launch
NASCAR to consider playoff format changes for ’26
Noel Clarke loses bid to throw out Guardian publisher’s defence in libel claim

Leave a Reply

Your email address will not be published. Required fields are marked *