10 699
Fashion Jobs
BOOTS
Optical Consultant
Permanent · LONDON
BOOHOO GROUP
Head of Sustainability
Permanent · MANCHESTER
NEW LOOK
Buyer (915/Multiproduct)
Permanent · LONDON
FARFETCH
Senior BI Analyst
Permanent · LONDON
PUIG
Penhaligon's Campaign & Content Executive
Permanent · LONDON
PUIG
Penhaligon's Fragrance Consultant, Westfield White City (30 Hours/4 Days Per Week)
Permanent · LONDON
HARRODS
Enterprise Services Administrator
Permanent · LONDON
TAGGED RESOURCES
Sales Account Manager (Tgm1758) - £50k
Permanent · LEICESTER
TAGGED RESOURCES
Sales Account Manager (Tgm1757) - £40k-£45k
Permanent · LEICESTER
TAGGED RESOURCES
Merchandiser/Account Manager (Tgm1756) - Walsall
Permanent · WALSALL
MAC COSMETICS
Maternity Cover - MAC Cosmetics - Keyholder - 37.5 Hours
Permanent · LONDON
MAC
MAC Cosmetics - Keyholder - House of Fraser - 37.5 Hours
Permanent · GLASGOW
PEOPLE MARKETING
Junior Account Manager
Permanent · LONDON
N BROWN
Digital Product Manager
Permanent · MANCHESTER
PENTLAND
Senior Global Retail Marketing Manager
Permanent · NOTTINGHAM
THG
People Operations Business Partner - Ftc
Permanent · MANCHESTER
MAC
MAC Cosmetics - Keyholder - House of Fraser - 37.5 Hours
Permanent · GLASGOW
NADINE MERABI
Product Director
Permanent · MANCHESTER
TK MAXX
Loss Prevention Officer
Permanent · CAMBERLEY
HENKEL
Indola Business Development Executive - North UK, m62 Corridor
Permanent · HEMEL HEMPSTEAD
STOCKX
Marketing Manager
Permanent · LONDON
360 TALENT LONDON
Quality And Service Assurance Manager 
Permanent · HOUNSLOW
By
Reuters
Published
Aug 15, 2008
Reading time
2 minutes
Download
Download the article
Print
Text size

John Lewis sales boosted by poor weather

By
Reuters
Published
Aug 15, 2008

LONDON (Reuters) - John Lewis, the employee-owned retailer seen as a barometer of high street trading, said latest weekly sales at its department stores rose 9.3 percent, reflecting helpfully poor weather and weak comparative numbers.

Although sales increased for the second week in a row the outcome was only the fourth week out of 14 that sales have risen as UK shoppers have cut back on spending due to higher fuel, food and mortgage costs.

Analysts estimated the increase on a like-for-like basis, which strips out the impact of new space, to be just over 6 percent. John Lewis said sales at its 26 department stores rose to 50 million pounds.

The performance was driven by a 14.7 percent increase in sales in the electrical goods and home technology category and a 13.7 percent increase in fashion sales. However, the home category continued to struggle with sales down 0.5 percent.

"While the comparisons against us were softer than of late, that in no way detracted from the strength of the performance given the extremely challenging trading conditions we are in," said Barry Matheson, head of selling development.

"Many branches commented on the effect of unsettled weather last week, which clearly drove footfall into our shops compared to a year ago," he said.

Many retailers are struggling as consumers curb spending. Big ticket retailers are suffering more than most, with fewer people moving home and house prices falling.

In the week to August 9, sales at John Lewis's chain of 189 Waitrose supermarkets increased 0.8 percent to 72.7 million pounds. Here the poor weather was unhelpful to sales, contrasting with a hot and dry week during 2007. On a like-for-like basis, Waitrose's sales growth was negative despite food price inflation.

Total John Lewis Partnership sales were up 4.0 percent to 120.7 million pounds over the week.

(Reporting by James Davey; Editing by Paul Bolding)

© Thomson Reuters 2024 All rights reserved.