From Yahoo Finance.: 2025-05-03 08:00:00

John Lewis is ending lifetime perks for long-serving staff amid a surge in early retirement. Benefits will now be tied to length of service, with no more “lifetime” discounts. Changes won’t save costs but aim to simplify perks for retirees. Early retirement rates have risen post-pandemic, prompting the move.

Read more: John Lewis to scrap lifetime perks amid wave of early retirement