John Lewis may suspend staff bonus as retail slump bites

Weak consumer demand prompts department store chain to consider scrapping bonus for first time since 1953

John Lewis may suspend its staff bonus this year in the wake of the worst Christmas for retailers since the depths of the financial crisis.

The employee-owned John Lewis Partnership which also owns Waitrose said its board would “need to consider carefully … whether payment of a bonus is prudent in the light of business and economic prospects at that time”.

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