Business

John Lewis warns of more store closures as pandemic drives £517m annual loss

The John Lewis Partnership has revealed it does not expect to reopen all its department stores as coronavirus lockdowns are eased.

The company, which also includes the Waitrose supermarket chain in its stable, announced last year that it would not pay a bonus to its staff – known as partners – for the first time since 1953 and cut 1,300 jobs amid coronavirus restrictions on stores.

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