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John Lewis rules out staff bonus after profits rise

Summary by Business Plus
Employee-owned John Lewis Partnership reported a jump in profit but said it will not pay its prized staff bonus this year - the fourth time in five years the payout has been dropped, writes David Connett. The partnership, which runs the John Lewis department stores and the Waitrose supermarket chain, said its annual profit tripled year-on-year to £126m from £42m. Sales grew 3 per cent to £12.8bn, with Waitrose up 4.4 per cent. The John Lewis dep…
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greenretail.world broke the news in on Monday, March 17, 2025.
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