John Lewis Partnership profits triple but skips staff bonus
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 year in a row.
The retail group reported sales had nudged up 3% to £12.8bn in 52 weeks to 25 January as its profits rocketed from the £42m before exceptional items it reported the year before.
Waitrose sales grew 4.4% to £8bn and volumes rose 2.6%, helping to double its adjusted operating profit to £227m.
The Partnership attributed t
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