John Lewis weak Christmas puts staff bonus under threat
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LONDON (Reuters) - Britain's John Lewis Partnership forecast "significantly" lower profits for its 2019 financial year after Christmas sales fell, raising the prospect that it might not pay staff an annual bonus. John Lewis Partnership, which runs the eponymous department stores business and up-market supermarket Waitrose, is an employee owned business which usually rewards staff with an annual payout equivalent to a percentage of their salary.The last time the Partnership did not pay a bonus..