With profits at John Lewis’ department stores on the up and partners in line for a bonus again, just how bright is the future for JLP?
There was an upbeat mood within the John Lewis Partnership today when its famous bonus was restored and tentative green shoots of recovery sprouted.
Partners at the retail group, owner of upmarket grocer Waitrose and the eponymous John Lewis department store chain, were awarded a 3% bonus – amounting to a week and a half’s pay. The award was restored having been scrapped last year for the first time since the 1950s.
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