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Employee-owned John Lewis Partnership has two divisions: John Lewis, led by managing director Paula Nickolds, 45; and Waitrose, run by managing director Rob Collins, 48. Tough trading conditions meant that the annual bonus for each of the 84,500 employees at the firm’s 50 John Lewis shops and 353 Waitrose branches was cut to 5% of salary — the lowest level since 1954. And, in June, the firm said that next year’s profits would fall further. The London-headquartered retailer is led by Sir Charlie Mayfield, 51.

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Company details
CompanyJohn Lewis Partnership
ActivityFood and general retailer
LocationCentral London
Sales £m10,204
Profit £m798
Year endJan 18
Principal shareholdersEmployees (100%)

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* Supplied by company † Annualised figure