John Lewis axes bonus for third year in a row

Britain's John Lewis to step up investment as profit trebles
By James Davey LONDON (Reuters) -British 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,
John Lewis axes bonus for third year in a row despite profits surge
John Lewis has axed its staff bonus for the third year in succession despite making its biggest profits since 2022. Bosses at Britain’s highest profile partnership, which runs John Lewis department stores and the Waitrose supermarket chain, said it had decided to prioritise an increases in regular pay and £600 million of investment over a bonus.
No bonus for 73,000 John Lewis staff for third year in a row
John Lewis staff will not receive a bonus for the third consecutive year, despite the retailer reporting a substantial rebound in annual profits.
Britain's John Lewis says turnaround has momentum as profits treble
British retailer the John Lewis Partnership reported a trebling in annual profit, driven by a better performance in its food business, and said it was well placed for further growth this year, showing its turnaround plan has momentum.
No John Lewis staff bonuses for third year, despite profits
John Lewis has announced that its staff will not receive a bonus, despite a 73% jump in profits.
John Lewis staff miss out on bonus for third year running despite profit surge
John Lewis Partnership has said it will not pay a staff bonus for the third year in a row despite seeing a sizeable upturn in profit. The employee-owned business, which runs the department store chain and Waitrose supermarket arm, posted a 73 per cent jump in pre-tax profits to £97million for the year to 25 January.
John Lewis staff denied bonus despite profits surge
John Lewis Partnership has decided not to pay staff an annual bonus despite profits rising threefold on the back of investment in the business.
John Lewis Partnership denies staff bonus despite tripled profits
John Lewis Partnership has tripled its profits to £126m but staff at the employee-owned group have missed out on a bonus once again.
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.
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 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 ...
John Lewis and Currys latest UK retailers to give inflation-busting pay rises
The John Lewis Partnership and Currys on Thursday became the latest major British retailers to give their staff ...
Waitrose leads John Lewis revival as upmarket grocer battles Marks & Spencer for customers
Posting his first set of results since taking over as chairman in September, Jason Tarry (pictured) said shoppers are ...