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They're usually a lot of nothing. Your manager reads some notes, tells you you're doing fine, maybe gives you a tiny raise, maybe doesn't. Don't expect much. The reviews themselves rarely change anything in retail.
That is a question for whoever is in charge. Although I’d wait a bit until they get the details together. Reviews generally outline what's going well, what could use some work, and any goals you might have. I’d be hesitant to expect annual raises, just not a lot of room in most stores for it.
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For us, yes. The year end review results in bonus and how much raise we will be getting next year. But for some companies, it is just a mirror of your performance without getting any bonuses.