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John Lewis sales suffer in heatwave Friday, 1st June 2012
Photo credit: My Retail Media
The country’s largest department store group saw sales slow for the week as a mini-heatwave kept shoppers away from the high street.
Despite continuing its winning streak of recent weeks, sales growth dipped slightly to a 9.3 per cent year-on-year increase in the week to 26 May, bringing in £60.06 million. In comparison, sales a week before were up 11.6 per cent.
"We should be pleased with the healthy 9.3 percent increase we achieved on the previous year despite the heat. Understandably, as customers enjoyed the weather in the later part of the week, our success came from our online business with a 46 percent increase, but shops held their own with an above-the-line 0.7 percent," John Lewis said in light of the results.
Electricals and home technology remained strong performers for John Lewis, with sales increasing 17.3 per cent for the week, whilst fashion sales also rose 10.7 per cent.
Sales at John Lewis’ supermarket business Waitrose were up 7.8 per cent for the week to £122.49 million.
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Posted in Department Stores, Food Tagged john lewis, department, store, chain, group, business, waitrose, sales, week, high street, results, heatwave
