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 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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
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, [...]
The John Lewis Partnership, which is regarded as a barometer of British retailing, today revealed sales rose in the week to 18 December. The renowned employee-owned department store said sales grew 7% to £120.3 million, compared with the same period a year ago. However, this was down on the previous week’s record of £121 million. [...]
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 [...]
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 [...]
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 [...]
The John Lewis Partnership, which is regarded as a barometer of British retailing, today announced that sales growth slowed last week – hit by warmer weather and a strike on the London Underground. The renowned employee-owned department store said sales at its 28 department stores and two “at home” stores grew 7.2% to £59.5 million [...]
Luxury supermarket chain, Waitrose, has today said despite the tough economic conditions, it expects annual sales to rise by a double-digit percentage for some years to come, fuelled by its ambitious expansion plan. The chain, which is part of the renowned employee-owned department store John Lewis, is quickly becoming one of the UK’s fastest growing [...]
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 [...]
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 [...]
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 [...]
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 [...]
The John Lewis Partnership, which is regarded as a barometer of British retailing, today announced that sales grew 17.7% to £55.1 million in the week to 8 May, compared with the same period a year ago. The renowned employee-owned department store said colder weather has not deterred shoppers and the firm will continue to outperform [...]
M&S Money launches 3% cash ISA
M&S Money has launched an Advantage Cash ISA paying 3 per cent, and which allows transfers in from other ISAs. It can be opened with a minimum deposit of £100 lump sum followed by minimum monthly deposits of £25. The 3% rate is variable, but there is no short-term bonus so the return won’t plummet [...]
Google suspends UK Compare Mortgages site
Google has closed its UK mortgage comparison site which it launched in July last year, after it proved to be less popular than expected. Mortgage comparison sites are designed to allow visitors to compare mortgages quickly and easily without having to visit each lender’s individual site. Google was competing with several well-established comparison sites, including [...]
AA launches ‘black-box’ policy for young drivers
The AA is launching an innovative car insurance policy called Drivesafe which could help younger drivers save up to £850 a year. Younger drivers already pay substantially higher premiums than other motorists and these costs are increasing. A new study by Confused.com suggests insurance costs for younger driver have gone up by 5.7 per cent [...]
ATOL scheme updated to protect online bookers
ATOL, a financial protection scheme managed by the Civil Aviation Authority, is being extended to protect up to six million more holidays a year. The scheme ensures that holiday makers do not lose out financially if a travel company collapses, and that they are not stranded abroad. An increase in the number of holidays booked [...]
Home repossessions lowest for four years
The number of UK homes repossessed fell to 36,200 in 2011, significantly below the Council of Mortgage Lenders’ forecast of 40,000, and lower than 2010 when 37,100 homes were repossessed. With interest rates remaining low and lenders adopting a sympathetic attitude to customers in financial difficulty, repossessions fell to their lowest level since 2007. However, [...]
Monthly pay lasting just 17 days
Workers are running out of money just 17 days after receiving their monthly pay, according to new research by the Halifax bank. This means that the average UK worker spends half the month worrying about money. The study, based on the responses of more than 2,000 adults, found that 10 per cent of workers start [...]
Women disadvantaged by auto-enrolment changes
Government proposals to increase the auto-enrolment threshold to £10,000 could put 1.8 million women at risk of missing out on a pension, the TUC has warned. Under the auto-enrolment scheme, which will be phased in from October, private sector employers will automatically enrol workers between the age of 22 years and the state pension age, [...]
Emergency household repairs company Homeserve is taking longer than expected to get back on track after its operations were suspended last October. The company expected customer numbers to fall by 5% this year but it has increased this estimate to 8% and announced the loss of 200 jobs. It estimates that renewal revenue in 2013 [...]
Sale rumoured for Yorkshire and Clydesdale banks
There is growing speculation that National Australia Bank (NAB) may sell Yorkshire Bank and Clydesdale Bank after the Australian parent company announced a strategic review of the two banks’ operations. The Australian economy is performing well and NAB reported strong profits for the final quarter of 2011 but with the UK economy at a virtual [...]
More women experiencing debt difficulties
Women in Debt, which offers female-focused debt advice, has warned that the number of UK women facing serious debt has grown significantly over recent years. The organisation believes that more women will need advice on solving debt problems in the future because they are building up an unsustainable level of indebtedness. Women in Debt’s director, [...]
About | Privacy | Disclaimer | Resources | XML Feeds | Press Releases | Directory | Contact us
