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John Lewis partners await bonus decision after tripling profits, despite pay rise and major investments.
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.
Despite tripling underlying profits to £126 million, no bonus was paid last year, though a £200 million profit target could trigger one.
Staff, referred to as partners, have expressed frustration, with some signing an open letter urging its return.
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.
Los socios de John Lewis esperan la decisión de la bonificación después de triplicar las ganancias, a pesar del aumento salarial y las grandes inversiones.