Department store group records £517m loss and does not expect to reopen all stores in April when retail lockdown ends
John Lewis Partnership does not expect to reopen some of its department stores when lockdown ends, after slumping to a £517m loss for 2020.
The staff-owned retailer, which runs 42 department stores and the Waitrose supermarket chain, confirmed it would not be paying a bonus to staff for the first time in 67 years, as chairman, Sharon White, said it was “not out of the crisis” caused by the Covid-19 pandemic.
