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flag John Lewis partners await bonus decision after tripling profits, despite pay rise and major investments.

flag Workers at John Lewis and Waitrose are awaiting a board decision on whether to reinstate their annual bonus, the first in four years, as the company releases results for the year ending January 2026. flag Despite tripling underlying profits to £126 million, no bonus was paid last year, though a £200 million profit target could trigger one. flag Staff, referred to as partners, have expressed frustration, with some signing an open letter urging its return. flag The company recently approved a 6.9% pay rise and is investing £800 million in store renovations, launching Topshop in all 32 department stores, and abandoning its build-to-rent housing plans due to rising costs and market uncertainty.

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