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abr

The company will pay Richer an initial £9.2m for the stake but the businessman is giving £3.5m of that back to staff, who will receive £1,000 for every year they have worked for the retailer.

The average payout will be £8,000 but there are 39 employees with more than 20 years’ service who stand to receive substantial windfalls.

Average is 8 years? That's pretty amazing for a retail company.

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