Britain's John Lewis won't return pandemic business rates relief
"We're a business owned by our employees - our partners, not external shareholders - and we don't intend to pay a bonus this year. Whenever we make any money, it is invested in our partners, our business and charitable giving."
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- United Kingdom
The John Lewis Partnership, owner of the eponymous department store chain and Waitrose supermarket, said on Thursday it had no plans to repay to government the business rates relief it has received during the COVID-19 pandemic. The employee-owned group said the outlook remained "incredibly uncertain" and government support was crucial to help it navigate the crisis.
"We are incredibly grateful for this vital support because we have lost significant sales while our John Lewis shops have been closed, and have invested heavily to keep our partners and customers safe," the partnership said. "We're a business owned by our employees - our partners, not external shareholders - and we don't intend to pay a bonus this year. Whenever we make any money, it is invested in our partners, our business and charitable giving."
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