Rain

Rain

max temp: 16°C

min temp: 7°C

ESTD 1874 Search

UK: John Lewis posts 13% like-for-like growth in sales over festive period

12:47 02 January 2013

The new John Lewis at home store in Ipswich, the opening of which in November contributed to record sales for the chain in the run-up to Christmas

The new John Lewis at home store in Ipswich, the opening of which in November contributed to record sales for the chain in the run-up to Christmas

Archant

THE reporting season for retail sales over the festive period got off to a stunning start today as department stores chain John Lewis reported like-for-like growth of 13% for the five weeks to December 29.

shares

Total sales for the period were 14.8% up on 2011 at £684.8million, representing 25.5% growth compared with two years ago, or 20.1% on a like-for-like basis.

Electricals and Home Technology sales led the way with 30.9% growth compared with 2011, with Fashion, including Beauty, 10.4% up and Home 6.2% ahead.

Online sales for the five weeks were 44.3% up on the previous year, with Johnlewis.com now accounting for a quarter of the total John Lewis business.

The fourth week of the period, to Saturday, December 22, saw record weekly sales of £157.8m, up 26.5% on the equivalent weeks in 2011 and breaking through the £150m barrier for the first time.

The fifth week of the period, to December 29, saw sales of £112.9m, up 11.5% the equivalent week a year earlier, including a record of £31.7m for the first day of clearance on December 27.

Andy Street, managing director of John Lewis, said: ‘I am delighted that John Lewis has delivered record breaking sales figures over the Christmas period and the first five days of clearance.

“In an economic climate which continues to be volatile, to have achieved these results is testimony to the strength of the John Lewis brand and the commitment of all our partners to give outstanding service.

“The success of our online operation and our pre-eminence as an omni-channel retailer cannot be underestimated. Sales at johnlewis.com broke through the £800m milestone during December supported by an excellent performance from our Click and Collect facility which allows customers the flexibility to buy online and collect from John Lewis and Waitrose outlets.

“Above all, our success can be attributed to the inspiring and innovative products we offer our customers coupled with their trust that we will always provide the best quality and value and will always fulfil our ‘Never Knowingly Undersold’ promise,” he added.

Related articles

shares

0 comments

Angela Rushforth, managing director of Ridgeons, with the firm's Investors in People gold accreditation.

Regional timber and builders’ merchant chain Ridgeons has been awarded a “gold” rating under ther Investors in People (IiP) programme.

Alex Till of Menta.

Suffolk-based Enterprise agency Menta and the county branch of the Institute of Directors (IoD) are working together to help Suffolk business owners as they strive for growth.

The water unit from the Prince's Street fire station with Ipswich with officials from the Port of Ipswich and students from Suffolk New College at the water safety demostration hosted by the port.

The Port of Ipswich teamed up with Suffolk Fire and Rescue Service to stage a rescue simulation off Orwell Quay.

From left, Chris Chamberlain from HTK, Vicki Cole from Crafted and Helen Dodman from Ipswich Central, the three organisations behind the Destination Digital conference.

The company behind the delivery of the Ipswich town centre Business Improvement District project has teamed up with two local digital specialist to stage a conference on online marketing for the tourism and hospitality sectors.

French Connection has warned that it faces a substantial loss when it posts its annual results.

Fashion chain French Connection today warned that it now expects to make a big annual loss after seeing its recovery hopes dashed by a difficult spring trading period.

Andrew Harrison, managing director of Stansted Airport.

Manchester Airports Group, parent company of Stansted Airport, scored a four-star rating in Business in the Community’s 2015 CR Index.

Dominic Casserley, group chief executive of Willis.

Global risk advice and insurance broking firm Willis has launched a 550million euro (£393m) offer to take full control of the French broker Gras Savoye.

Sainsbury's is to cut 800 jobs as part of a restructuring of its store operations.

Sainsbury’s is to cut 800 jobs as it becomes the latest supermarket to restructure its operations in the face of tough trading conditions.

The CWind Sword offshore support vessel.

Colchester-based offshore service vessel manufacturer CTruk has won an order to supply two more of its MPC22 boats to sister company CWind.

Kay Allen, founder of Trading for Good, and Paul Winter, chief executive of Ipswich Building Society.

Ipswich Building Society has been presented with a Responsible Business Award at a Trading for Good East of England event held in its home town.

Most read

Most commented

Topic pages