John Lewis scraps bonus for first time since 1953
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John Lewis has confirmed that staff will not receive a bonus for the first time since 1953 after it was hit by lockdown store closures.
The retailer – which also owns Waitrose – posted a huge £635m pre-tax loss for the six months to 25 July after higher costs offset a 1% rise in sales.
Its chairwoman told staff on Thursday the announcement “will come as a blow”.
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