“With the festival of sport and with the most glorious heatwave weather it was not surprising to see a heavy deficit on trade from last year at -8.7 per cent,” Maggie Porteous, John Lewis’ director of selling, north and new format, said on Friday. But it seems with the absence of rain and the prevailing sunshine there was nothing to dampen John Lewis’ spirits, despite reporting a hefty drop in weekly sales.
Weekly sales rose by just 0.2 per cent for John Lewis, as good weather helped sales of seasonal fashion lines, but also correlated with a decline in footfall over the weekend. The department store on Friday announced sales came in at £71.7 million in the seven days to 6 July.
It was the weekend the entire nation had been waiting for: a first Wimbeldon win for Britain in 77 years, and the first true signs of summer for the 2013. And it seems retailers up and down the country will have plenty to celebrate today after reports emerge that a leap in BBQ meat and vegetarian food, fruit, alcohol and sun cream will bring a boom for summertime sales.
The UK’s leading department store reported a 6.7 per cent rise in sales in the week to 29 June, after a strong performance in summer clearance helped to boost the retailer’s home department sales. John Lewis on Friday revealed sales broke through £80 million in the seven days to 29 June, and were up 6.7 per cent on the previous year.
New customers and an increased average spend across the board helped Ocado post a 28.7 per cent rise in underlying first half earnings on Tuesday. Ocado announced a £3.8 million pre-tax loss for the half year, despite a 15.6 per cent increase in revenue to £55.9 million. The future of the online-only grocer has come under much speculation in recent quarters after a new 25-year joint venture with Morrisons was unveiled in May, representing a deal worth more than £200 million with the UK’s fourth largest supermarket.
Waitrose has announced that its new state-of-the-art frozen beef facility will be handled entirely by one supplier- a first for the industry which is still recovering from the horse meat scandal. The horse meat scandal erupted back in January when horse DNA was found in some frozen beef products on supermarket shelves.
Waitrose Limited put front its proposal for a £14 million major development plan at Bagshot village consisting of 21,000 square feet of retail space.
John Lewis go from strength to strength this week following a 7.5 per cent growth in sales ahead of last year. Meanwhile, sister company Waitrose, boosted by a 25 per cent off wine and champagne promotion, recorded sales growth of 14.1 per cent. The John Lewis weekly sales report claims that sales across Home, Fashion and EHT all saw healthy growth boosted by Father’s Day sales.
The post of head of marketing at Waitrose has been aptly filled by Rupert Ellwood following a promotion as head of retail operations. Mr Ellwood will be filling the shoes of former head of marketing Sarah Fuller, who left her post last month to join The Garden Centre Group. His new roles will include taking charge of ad campaigns, customer publications and events.
A new traffic light labelling system designed to advise consumers on making healthier choices on food products is being introduced to major supermarkets and food manufacturers. 60 per cent of the food sold in the UK has already adopted the new scheme, with the Government hopeful that others will follow suit.
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