John Lewis boss ‘determined’ to bring back bonus

John Lewis profits jump but no staff bonus again
Retailer John Lewis has said its staff will not receive a bonus for the third year in a row, despite reporting a jump in annual profits. The employee-owned retail partnership, which also includes the Waitrose supermarket chain, said profits rose by 73% to £97m last year.
John Lewis boss ‘determined’ to bring back bonus after payout scrapped again
John Lewis boss ‘determined’ to bring back bonus after payout scrapped again - The retailer said it would not pay a staff bonus despite revealing that underlying profits tripled to £126 million from £42 million the previous year.
John Lewis fails to pay bonus for fourth time in five years
Despite profits, mainly from Waitrose, John Lewis chooses to reinvest in stores rather than pay its partners bonuses.
John Lewis to step up investment as profit trebles
UK retailer John Lewis Partnership said it would accelerate investment this year as it reported a trebling in annual profit, driven by an improvement in its food business, and forecast more growth as its turnaround plan gains momentum.
Britain's John Lewis says turnaround has momentum as profits treble
LONDON (Reuters) -British retailer John Lewis Partnership reported a trebling in annual profit, driven by a better performance in its food business, and forecast further growth this year, showing its turnaround plan has momentum.
John Lewis will not pay staff bonus despite rising profits
Employee-owned UK retailer John Lewis has said it will not pay a staff bonus despite a rise in annual sales and profits and will prioritise investing in its turnaround plans instead. The group, which includes the John Lewis department store chain and supermarket business Waitrose,
John Lewis triples profit and prioritises investment and pay over bonuses
The John Lewis Partnership (JLP), parent company of Waitrose and John Lewis, has reported that its profit before tax and exceptional items has increased threefold, rising to £126m ($163.12m) from £42m during the fiscal year 2024/2025.
John Lewis scraps staff bonus for third year in a row despite tripling profit
The John Lewis Partnership said profit before tax increased from £42m to £126m over the 52 weeks to 25 January, but the bonus has been axed for the third consecutive year
T326d
John Lewis gets into vinyl as sales of turntables soar
So now John Lewis won't just sell you the turntable, it'll sell you some records to play on it too. According to the retailer, the range is a "carefully curated selection of old and modern ...
Signs of recovery for John Lewis after strategic reset, but ‘the best is yet to come’
New chair Jason Tarry said that the Partnership “has the right plan focused on retail”, and it certainly feels like the ...
John Lewis and Currys: two UK retail giants boost staff wages and money - apply for jobs and careers online
Two British retailing giants have joined other businesses in raising staff wages ahead of April’s UK minimum wage increase.