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Consumer spending down 1.9% in wettest April on record Tuesday, 8th May 2012
Consumer spending in the UK dropped 1.9 per cent in April, the wettest on record, as shoppers held back spending on summer goods.
John Lewis chairman picked up £954,000 salary for 2011 Thursday, 3rd May 2012
John Lewis chairman Charlie Mayfield took home a total salary of £954,000 last year.
Temperley announces new John Lewis collection Tuesday, 1st May 2012
After ten years of the quintessentially British brand, Temperley will now launch its first collection for the UK high street at John Lewis. Named Somerset after designer Alice Temperley’s home county, the 60-piece collection will launch in John Lewis stores and online on 4 September, along with a campaign staring Lily Donaldson.
John Lewis sees electricals go down a storm Friday, 27th April 2012
John Lewis sales rose for the week to 21 April thanks to strong trading in the retailer’s household goods department. “Indifferent” weather and demand for televisions in time for the digital switchover in London helped John Lewis report a 16.5 per cent year on year increase in sales to £62 million the week.
A third of surveyed British shoppers shoplift when using self-service tills Thursday, 26th April 2012
A third of British consumers have admitted stealing from supermarket self-service tills.
John Lewis breaks into home broadband market Friday, 20th April 2012
The department store has announced a new venture into the broadband market as it looks to compete in new markets. According to the Telegraph, John Lewis will provide three levels of home broadband to customers, with packages at £11 to £25 a month, on a 12-month contract.
“Stunning” Easter for John Lewis Friday, 13th April 2012
Save it for a rainy day: with sales up 27.5 per cent year-on-year, John Lewis hails “stunning” weeks trade in the seven days running up to Easter Sunday. The dreary weather may have put a dampener on school holiday activities, but it was good news for the department store chain, which saw sales rise 27.5 per cent year-on-year to £66.7 million in the week to 7 April.
John Lewis to roll out Olympic stores Wednesday, 11th April 2012
As the official retailer of the London 2012, John Lewis will open 29 dedicated Olympic shops in its department stores, as well as dedicated selling space for merchandise in its smaller shops. John Lewis opened its first London 2012 store overlooking the Olympic site at Stratford, East London, six months ago.