Department Stores
John Lewis staff could miss out on bonus amid missed profit target
In 2020, John Lewis axed its staff bonus for the first time since 1953, after reporting a half-year loss of £635m amid the pandemic
John Lewis employees could reportedly miss out on their staff bonus for the fourth time in the group’s history, amid news it could miss its full-year profit targets of £131m following weak festive sales.According to internal documents seen by The Telegraph, John Lewis said “lower consumer confidence and weaker than expected market confidence” led to missed sales target in the month to 21 December.
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