Harborough’s Waitrose ‘Safe’
Written by HFM News on 7th March 2019
Market Harborough’s Waitrose supermarket is ‘safe’ after the firm announced one of its Leicestershire stores is to close.
The branch in Blaby is one of five shutting across the UK.
Market Harborough’s Waitrose store on Springfield Street
The announcement today comes as staff bonuses at John Lewis and Waitrose have been slashed to the lowest level in 66 years after a “challenging” year in which underlying profits fell 45%.
John Lewis Partnership, which owns both brands, said the payout to more than 83,000 employees was being cut in order to keep paying off debt and maintain investment levels amid continued economic uncertainty.
The annual bonus of 3% of salary is the lowest since 1953, when there was no pay-out, and down from 5% last year – the sixth consecutive year it has been cut.
It was 17% in 2013.
But it may still come as a relief to many workers after a warning earlier this year that the payout may have to be scrapped altogether as the company faced tough trading conditions.
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