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Published 1 month ago

John Lewis back in profit but no bonus for staff

  • The John Lewis Partnership reported a profit of £56m, after a loss of £234m in the previous financial year.
  • More customers shopped at Waitrose, leading to a 19% increase in profits, while John Lewis saw only a 2% increase.
  • By cutting costs and increasing investment, the group aims to save £900 million by 2027-28.
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