Profits are set to double at the owner of John Lewis and Waitrose, but it is likely to be a third barren year for the staff bonus as the retail group targets hourly pay and revamping its stores instead.
The staff-owned John Lewis Partnership, which runs 36 department stores and the Waitrose supermarket chain, has not paid a bonus to workers in three of the past four years, after diving to a loss during the pandemic when it was forced to close stores during government lockdowns.
