Tag: John Lewis

Visa reports fall in Christmas spending

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 UKa��s biggest Christmas shopping weeks, spending on cards fell both on the High Street and online, […]

December 2, 2011 More
Debenhams exceeds profits forecasts

Debenhams exceeds profits forecasts

Debenhams, which is Britaina��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 […]

September 20, 2011 More
John Lewis reports challenging trading environment

John Lewis reports challenging trading environment

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 a�?extremely challenginga�?. 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 […]

September 14, 2011 More
John Lewis reports weaker sales

John Lewis reports weaker sales

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 A?55 million. The company has bucked the trend when it comes to retail sales over the last few […]

June 3, 2011 More
John Lewis reports pick up in weekly sales

John Lewis reports pick up in weekly sales

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 A?54 million. Selling director David […]

March 4, 2011 More
John Lewis reports further slowdown in weekly sales

John Lewis reports further slowdown in weekly sales

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 A?51.24 million in the week to 19 February a�� it represented the fifth consecutive week of slow sales following the VAT hike on […]

February 25, 2011 More
John Lewis reports further slowdown in weekly sales

John Lewis reports further slowdown in weekly sales

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 A?49.8 million in the week to 12 February – it represented the fourth consecutive week of slow sales following the VAT hike on […]

February 18, 2011 More
John Lewis reports further slowdown in weekly sales

John Lewis reports further slowdown in weekly sales

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 A?49.5 million in the week to 29 January. In the week to 22 January, […]

February 4, 2011 More
John Lewis sees further slowdown in weekly sales

John Lewis sees further slowdown in weekly sales

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 A?50.1 million in the week to 22 January. In the week […]

January 28, 2011 More
ONS: UK retail sales hit by big freeze in December

ONS: UK retail sales hit by big freeze in December

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 […]

January 21, 2011 More
John Lewis sees slowdown in weekly sales

John Lewis sees slowdown in weekly sales

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 […]

John Lewis sees sales surge prior to VAT hike

John Lewis sees sales surge prior to VAT hike

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 […]

January 14, 2011 More
Waitrose to open more stores in 2011

Waitrose to open more stores in 2011

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 UKa��s fastest growing supermarkets. Twenty seven of the new outlets will be in the new convenience store format, […]

January 5, 2011 More
John Lewis weekly sales hit by snowfall

John Lewis weekly sales hit by snowfall

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 a�?the snow has impacted both footfall and sales in shops where the weather has been particularly poor.” However, the […]

December 6, 2010 More
John Lewis weekly sales rise

John Lewis weekly sales rise

The John Lewis Partnership, which is regarded as a barometer of British retailing, today announced that sales growth surged last week a�� 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 A?88 million in the week to 20 November, compared […]

November 21, 2010 More
John Lewis sees boost as Christmas shoppers hit the High Street

John Lewis sees boost as Christmas shoppers hit the High Street

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 A?77 million in the week to 13 November, compared with the same period […]

November 14, 2010 More
John Lewisa�� Waitrose boosted by students

John Lewisa�� Waitrose boosted by students

The John Lewis Partnership, which is regarded as a barometer of British retailing, today announced that sales grew 11.7% to A?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 […]

September 24, 2010 More
John Lewis reports 28% rise in H1 profits

John Lewis reports 28% rise in H1 profits

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 A?111.2 million, compared with the A?24.2 million in the same period a year ago. Meanwhile, sales grew 12.4% to A?3.81 billion […]

September 16, 2010 More
John Lewis posts another double digit rise in weekly sales

John Lewis posts another double digit rise in weekly sales

The John Lewis Partnership, which is regarded as a barometer of British retailing, today announced that sales grew 13% to A?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 Fathera��s Day. Fashion sales […]

June 25, 2010 More
John Lewis weekly sales boosted by World Cup build-up

John Lewis weekly sales boosted by World Cup build-up

The John Lewis Partnership, which is regarded as a barometer of British retailing, today announced that sales grew 20.6% to A?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 […]

June 11, 2010 More