13-03-2025 08:51 via retailgazette.co.uk

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 for the third consecutive year.
The retail group sales rose 3% to £12.8bn in 52 weeks to 25 January, bolstered by a 4.4% uplift in sales across Waitrose to £8bn.
Volumes at the grocer rose 2.6%, helping to double its adjusted operating profit to £227m.
The Partnership attributed the growth to its £61m investment into lowering prices, improved
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