Read 'Seven simple steps to a greener office' feature

John Lewis reports record post-Christmas sales

1:04pm GMT, Monday, 29 December 2008

John Lewis reports record day’s trading. John Lewis reports record day’s trading.

British retailer John Lewis has experienced an increase in sales in its first post-Christmas weekend – up 7% from last year.

Britain’s largest department store chain has announced a record day’s trade (Saturday 27 December) with the start of its clearance sales, earning a total of £21.3 million in weekend takings.

Particularly strong sales in home technology, womenswear and household items helped John Lewis achieve the record figures.

Andy Street, Managing Director of John Lewis, said: “This is a remarkable result at any time and particularly so in this challenging economic climate.

“John Lewis customers are being judicious in their purchasing and recognise the outstanding quality and value of the products we have to offer, particularly in our home assortments as well as in audio visual and fashions.”

The news gives renewed hope for the retail industry following a month that has seen the downfall of Woolworths, Zavvi, Whittard and Adams.

Categories:
Business, Finance, Retail



Subscribe to ICM News

Add to Google Reader or Homepage

eNewsletter signup

Sign up to our free eNewsletter, and receive the headlines direct to your inbox.

Opinion poll

Should broadband be a legal right for every citizen?

View Results

Loading ... Loading ...
    • No results available
    • No results available
Latest news
National Briefing | WEST: California: Rocket Launches With Secret Payload
The largest rocket ever launched from the West Coast blasted off Thursday with a classified defense ...
Read More
German Ifo survey hits 20-year high
Business sentiment of 7,000 companies confounds forecasts of a flat reading to hit highest level sin ...
Read More
NASA’s Stardust Probe Readies for Date with Comet Tempel 1 (Time.com)
Time.com - Stardust’s Valentine’s Day meeting with comet Tempel 1 will be not only a sci ...
Read More
© 2012 The Institute of Commercial Management (ICM), ICM House, Castleman Way, Ringwood, Hampshire, BH24 3BA, UK