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Evening Standard

Business

Simon English

John Lewis rules out Waitrose spin-off as it returns to profit

John Lewis Waitrose Nish Kankiwala Sharon White Amazon JLP

THE JOHN Lewis Partnership today ruled out any plan to spin off successful supermarket arm Waitrose as it bounced back to profit after a rough period.

But the board doesn’t feel results are strong enough to merit paying partners a bonus, for just the third time in its history.

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Texas woman sues anti-abortion activists for allegedly ordering abortion pills, calls them out for ‘breaking a law that you advocated for’

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We Got This Covered

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As demonstrations sweep India demanding Gyanesh Kumar’s ouster for allegedly manipulating voter rolls, analysts tell Namita Singh the confrontation is about far more than one official

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One subscription that gives you access to news from hundreds of sites

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