Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK brand china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail property retailer sale sales supermarket waitrose
Jubilee gives John Lewis a 15% sales boost Friday, 8th June 2012
Photo credit: My Retail Media
Sales rose 15 per cent year-on-year for the country’s biggest department store group, largely attributed to a four-day nation-wide celebration of the Queen’s Diamond Jubilee.
Sales for the week to 2 June rose to £62.9 million, continuing John Lewis’ recent run of strong trading.
Electricals and home technology, which have remained strong contenders in the run up to the Olympics and the digital switchover in the south of England rose 18.8 per cent for the week. Homewares followed with 9.3 per cent whilst fashion categories saw an impressive 20.1 per cent growth.
"A subdued start to the week, as the good weather continued, gave way to a final three days of 27 per cent plus growth in the run-up to the Jubilee weekend, delivering a 15 per cent overall increase on last year," John Lewis said of the department store outcome.