JOHN LEWIS Partnership staff, including hundreds in Liverpool, are to get a bonus equivalent to more than seven weeks' pay, the retail group said yesterday.
The 63,000 partners, who co-own the department store and supermarket business, will share a pot of £106m, an increase of 21% on a year earlier following a 24% rise in pre-tax profits to £216m in the year to January 29. The improved performance reflected growth at supermarket chain Wait-rose, which lifted sales 10% to £3bn and profits
by 10% to £193m. John Lewis department stores had a sales rise of 1% despite tough conditions in the non-food sector. Operating level profits were up 8% at £212m.
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