Bracknell based John Lewis has announced its full year results today. With stores right across the country, including in Southampton and Newbury, it's unique employee-owned partnership means its staff share the profits rather than shareholders.
The Partnership has announced a bonus to all Partners (employees) of 15% of their salary - equivalent to nearly 8 weeks’ pay.
There is no doubt that 2013 was challenging in parts but we are very pleased to have achieved growth in both branch and online sales at John Lewis Southampton this year. The recent announcement of over £7m investment in the branch, including a new ‘little Waitrose’ confirms our commitment to our customers as we enter 2014. As ever, our Partners (staff) have worked hard to give our customers great service and the success we have achieved is very much down to their efforts."
I love this time of year at John Lewis – everyone is awaiting their bonuses and busy planning things that they may not have been able to otherwise. This year I am taking my niece on a surprise trip to Paris. She is an art student, and so we’re going to soak up all the wonderful Parisian art culture. Being able to use the bonus to do something special for someone I care about means a lot, which is why I look forward to it each year.”
The bonus at John Lewis is something we all look forward to, and it’s a great reward for our hard work throughout the year. Penny and I are both really excited to be able to put some extra money towards the big day to make it even more special. We’ll also be able to splash out a little bit more for our honeymoon, and if there’s anything left I might be able to steal a little for my stag weekend.”
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Staying cloudy with patchy rain tonight. Rain and stronger winds arriving from the west tomorrow evening.
Cloudy and breezy with rain arriving from the west later.