John Lewis axes bonus for third year in a row

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 axes bonus for third year in a row despite profits surge
John Lewis axes bonus for third year in a row despite profits surge - Boss says bonus decision had been “difficult” but it would be restored as soon as conditions allow
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
John Lewis staff miss out on bonus for third year running despite profit leap
John Lewis staff miss out on bonus for third year running despite profit leap - The group, which runs the department store chain and Waitrose, saw underlying profits triple to £126 million from £42 million a year ago.
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.
John Lewis Partnership posts huge £97m profit but announces unwelcome news for staff
Outgoing CEO Nish Kankiwala, whose role is being taken over by Mr Tarry, said: "Tripling our profit is a significant ...