John Lewis: 2,500 Scottish staff lose annual bonus amid £55 million loss

John Lewis “partners” have received an annual bonus from the company since 1953.

Thursday, 17th September 2020, 11:38 am
Updated Thursday, 17th September 2020, 11:39 am

The John Lewis Partnership confirmed that staff members will not receive a bonus for the first time since 1953 after the group was hit by lockdown store closures.

Dame Sharon White, chairwoman of the retail group, told partners on Thursday that the announcement “will come as a blow”.

Sign up to our daily newsletter

The i newsletter cut through the noise

The group, which employs 2,500 people in Scotland, said it posted a £55 million loss for the six months to July 25 after higher costs offset an increase in revenues.

The John Lewis Partnership confirmed that staff members will not receive a bonus for the first time since 1953 after the group was hit by lockdown store closures.
The John Lewis Partnership confirmed that staff members will not receive a bonus for the first time since 1953 after the group was hit by lockdown store closures.

Dame Sharon said: “The pandemic has brought forward changes in consumer shopping habits which might have taken five years into five months.

“Both brands entered the crisis with strong and established online businesses and in the case of Waitrose, plans for expansion well under way in preparation for the end of the relationship with Ocado.

“Our digital businesses have been key to underpinning our first half performance.”

A message from the Editor

Thank you for reading this story on our website. While I have your attention, I also have an important request to make of you.

The dramatic events of 2020 are having a major impact on many of our advertisers - and consequently the revenue we receive. We are now more reliant than ever on you taking out a digital subscription to support our journalism.

Subscribe to scotsman.com and enjoy unlimited access to Scottish news and information online and on our app. Visit https://www.u2swisshome.com/subscriptions now to sign up.

By supporting us, we are able to support you in providing trusted, fact-checked content for this website.

Joy Yates

Editorial Director

 0 comments

Want to join the conversation? Please or to comment on this article.