John Lewis warns it may not pay staff bonus

John Lewis warns it may not pay staff bonus

Image copyright Greg Funnell Image caption Paula Nickolds was John Lewis’ first female managing director

Retail group John Lewis Partnership has warned its staff bonus may be in doubt as it reported a fall in festive sales at its department store chain.

It warned that annual partnership profits were expected to be “substantially down on last year”.

The board will meet in February to decide if…

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