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News Tag: John Lewis

December 2, 2011

Visa reports fall in Christmas spending

by Jan Harris
Visa reports fall in Christmas spending
Payments business Visa has reported a 2.3 per cent fall in spending on credit and debit cards over the four weeks to 27 November, compared with the same period in 2010. Last week, which is traditionally one of the UK’s biggest Christmas shopping weeks, spending on cards fell both on the High Street and online, with sales 6.2 per cent lower ...




September 20, 2011

Debenhams exceeds profits forecasts

by Kay Mitchell
”Debenhams
Debenhams, which is Britain’s second largest department store after John Lewis, has today exceeded market expectations after reporting growth of 0.4% in the nine week period to the end of August on a like-for-like basis. The retailing giant said aggressive summer discounting and promotions had helped increase its market share. The company said growth came from its Danish subsidiary, Magasin du Nord, acquired two ...




September 14, 2011

John Lewis reports challenging trading environment

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, has reported a marginal increase in sales and said trading conditions are “extremely challenging”. The renowned employee-owned chain, which owns the Waitrose supermarket chain, said sales rose 1% on a like-for-like basis in the six month period to 30 July. However, across the group, first-half pre-tax profits slumped by ...




June 3, 2011

John Lewis reports weaker sales

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, today reported weaker sales, fuelling fears about consumer spending. The renowned employee-owned chain said sales in the week to 28 May fell 0.8% to £55 million. The company has bucked the trend when it comes to retail sales over the last few months but today’s figures will no doubt raise concerns ...




March 4, 2011

John Lewis reports pick up in weekly sales

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, today reported an improvement in weekly sales - boosted by the half-term school holidays. The renowned employee-owned chain has reported five consecutive weeks of lacklustre sales but in the week to 26 February, sales rose 7.2% to £54 million. Selling director David Barford comments: "While week 3 (week ...




February 25, 2011

John Lewis reports further slowdown in weekly sales

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, today reported a further fall in weekly sales. The renowned employee-owned chain said department store sales fell 0.4% to £51.24 million in the week to 19 February – it represented the fifth consecutive week of slow sales following the VAT hike on 4 January. "Turning to this week ...




February 18, 2011

John Lewis reports further slowdown in weekly sales

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, today reported a further fall in weekly sales. The renowned employee-owned chain said department store sales grew 1.4% to £49.8 million in the week to 12 February - it represented the fourth consecutive week of slow sales following the VAT hike on 4 January. It follows a 1.2% ...




February 4, 2011

John Lewis reports further slowdown in weekly sales

by Kay Mitchell
”John
The slowdown in consumer spending looks set to continue after the John Lewis Partnership, which is regarded as a barometer of British retailing, reported a further fall in weekly sales. The renowned employee-owned chain said department store sales fell 0.9% o £49.5 million in the week to 29 January. In the week to 22 January, the department store chain also reported ...




January 28, 2011

John Lewis sees further slowdown in weekly sales

by Kay Mitchell
”John
There is further evidence today of a slowdown in consumer spending after the John Lewis Partnership, which is regarded as a barometer of British retailing, reported a further fall in weekly sales. The renowned employee-owned department store said department store sales fell 2.2% to £50.1 million in the week to 22 January. In the week to 15 January, the department store ...




January 21, 2011

ONS: UK retail sales hit by big freeze in December

by Kay Mitchell
”ONS:
The Office for National Statistics (ONS) has today reported UK retail sales were hit by the severe wintry weather in December and rising prices. According to the ONS, retail sales during December were down by 0.8% from the previous month - much worse than expected. It was the worst annual performance for any December since records began in ...




John Lewis sees slowdown in weekly sales

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, has revealed sales slowed in the week to 15 January - attributed to the VAT hike from 17.5% to 20%. In the previous week, the renowned employee-owned department store said the bank holiday, on Monday 3 January, saw shoppers buy furniture and electrical goods as they looked to ...




January 14, 2011

John Lewis sees sales surge prior to VAT hike

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, has revealed sales surged ahead of the VAT rise as shoppers rushed to buy big-ticket items. The renowned employee-owned department store said the bank holiday, on Monday 3 January, saw shoppers buy furniture and electrical goods as they looked to beat the VAT hike from 17.5% ...




January 5, 2011

Waitrose to open more stores in 2011

by Kay Mitchell
”Waitrose
Luxury supermarket chain, Waitrose, will open 39 new stores this year in the UK, creating 3,000 new jobs. The chain, which is part of the renowned employee-owned department store, John Lewis, is quickly becoming one of the UK’s fastest growing supermarkets. Twenty seven of the new outlets will be in the new convenience store format, while the remaining 12 will include full-sized ...




December 6, 2010

John Lewis weekly sales hit by snowfall

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, has announced that sales growth struggled last week as the cold snap meant shoppers stayed at home. The renowned employee-owned department store said “the snow has impacted both footfall and sales in shops where the weather has been particularly poor." However, the heavy snowfall meant John Lewis online ...




November 21, 2010

John Lewis weekly sales rise

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, today announced that sales growth surged last week – as shoppers looked to buy warmer clothing as a result of the colder weather. The renowned employee-owned department store said sales grew 12% to £88 million in the week to 20 November, compared with the same period a year ago. Furthermore, it ...




November 14, 2010

John Lewis sees boost as Christmas shoppers hit the High Street

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, said sales rose sharply last week as Christmas shoppers took to the High Street. The renowned employee-owned department store said sales at its 28 department stores grew 11.5% to £77 million in the week to 13 November, compared with the same period a year ...




September 24, 2010

John Lewis’ Waitrose boosted by students

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, today announced that sales grew 11.7% to £56.5 million in the week to 18 September, compared with the same period a year ago. The renowned employee-owned department store said trade had been boosted by a strong increase in fashion sales. However, sales at its Waitrose supermarket chain surged ahead, ...




September 16, 2010

John Lewis reports 28% rise in H1 profits

by Kay Mitchell
”John
The John Lewis Partnership, which is regarded as a barometer of British retailing, has today posted a 28% rise in first half profits. The renowned employee-owned department store said pre-tax profit came in at £111.2 million, compared with the £24.2 million in the same period a year ago. Meanwhile, sales grew 12.4% to £3.81 billion in the six months ending 31 ...




June 25, 2010

John Lewis posts another double digit rise in weekly sales

by Kay Mitchell
’John
The John Lewis Partnership, which is regarded as a barometer of British retailing, today announced that sales grew 13% to £52.5 million in the week to 19 June, compared with the same period a year ago. The renowned employee-owned department store said trade had been boosted by consumers buying gifts for Father’s Day. Fashion sales grew 15.3%, with ...




June 11, 2010

John Lewis weekly sales boosted by World Cup build-up

by Kay Mitchell
’John
The John Lewis Partnership, which is regarded as a barometer of British retailing, today announced that sales grew 20.6% to £54 million in the week to 5 June, compared with the same period a year ago. The renowned employee-owned department store said the build-up to the World Cup tournament (which starts today) boosted sales. The company said consumers “splashed ...