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  1. news.sky.com › story › john-lewis-results-234m-lossJohn Lewis results: £234m loss means no staff bonus and ...

    Mar 16, 2023 · Job losses are on the horizon at the John Lewis Partnership, which includes Waitrose and John Lewis shops, as the company posted an annual loss of £234m. No detail was given on the location or ...

  2. www.bbc.co.uk › news › business-68118092John Lewis planning major job cuts over five years - BBC News

    Jan 27, 2024 · John Lewis has been under financial pressure in recent years - announcing its second ever full-year loss, totalling £234m, in March 2023. It scrapped its staff bonus for the year and closed 16 ...

  3. www.bbc.co.uk › news › business-64945767John Lewis axes staff bonus and plans to cut jobs - BBC News

    Mar 16, 2023 · BBC News. John Lewis has axed its staff bonus for a second time and signalled job cuts are in the pipeline, after what it described as a "very tough year". The department store firm, which also ...

  4. www.ft.com › content › 95226173-721b-49b3-8e4e-37dJohn Lewis scraps staff bonus and warns of job cuts after ...

    Mar 16, 2023 · John Lewis’s full-year loss has widened after sales fell and the UK retailer failed to slash costs, pushing the group to waive its staff bonus and warn of further job cuts. The UK retailer ...

    • Arjun Neil Alim

  5. www.johnlewispartnership.co.uk › media › pressJohn Lewis Partnership unaudited results for year ended 29 ...

    • Key Results
    • Bonus
    • Outlook

    You may recall that we report our profit using two measures - before and after exceptional items and Bonus. Measuring our profit without these items gives a better indication of our underlying performance. Profit before Bonus, tax and exceptional items - or ‘PBTBE’ - was £181m. This was £50m (38%) higher than 2020/21 and £111m (159%) better than tw...

    See full list on johnlewispartnership.co.uk

    In 2020, the Board set the minimum thresholds for paying a Bonus again: a combination of PBTBE of £150m and debt ratio of less than 4x. We achieved both of these targets. Given the positive performance, and the extraordinary contribution of Partners, the Board decided to share a 3% Bonus with Partners; while the Executive team and I are donating ou...

    See full list on johnlewispartnership.co.uk

    We have made a good start to our Partnership Plan but are only one year through our five year transformation. Looking ahead, we see continued uncertainty from global events, affecting the economic environment, our customers, Partners and society. As inflation and energy prices rise, our customers face higher living costs. While this creates uncerta...

    See full list on johnlewispartnership.co.uk

  6. news.sky.com › story › john-lewis-returns-to-profitJohn Lewis returns to profit but partners miss out on bonus ...

    Mar 14, 2024 · The company behind Waitrose grocery shops and the John Lewis department stores recorded a profit of £56m, after a loss of £234m in the previous financial year. Money blog: Bank transfers could ...

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  8. www.bbc.co.uk › news › articlesJohn Lewis losses halve as Waitrose sales rise - BBC News

    Sep 12, 2024 · Getty Images. Rising sales at its Waitrose supermarkets have helped the John Lewis Partnership to nearly halve its losses over the first half of the year. The partnership - which includes the John ...