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.

Articles You May Like

Elon Musk Denies Report on Plans for Multi-Billion Dollar Funding From Saudi, UAE for SpaceX
Tornado kills at least 20 as storms tear through southern US states
SEC charges Tron founder Justin Sun, celebrities Lindsay Lohan, Jake Paul with crypto violations
Hear George Conway’s prediction about possible Trump indictments
Revealed: The food products that have ‘more than doubled in price’ over the past year