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John Lewis Profits, Partners Bonus Miss, Job Cuts - Creative Media News
Waitrose was primarily responsible for the company's strong financial performance in the previous year. John Lewis has returned to profitability after a three-year absence; however, its employees continue to be subjected to job cuts and an additional year without a bonus. Profit of £56 million was reported by the corporation that operates the John Lewis department stores and Waitrose grocery stores, following a loss of £234 million in the preceding fiscal year.