Partly Cloudy

Partly Cloudy

max temp: 18°C

min temp: 12°C

ESTD 1874 Search

WIN A NEW HYUNDAI i10 - See the EADT on June 8 for full details

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

Retail sales are

Retail sales are “bounding ahead” as falling prices and a boost to consumer spending power is giving retailers the most upbeat outlook for 27 years, according to new figures.

A Ryanair passenger plane after take off from Stansted Airport.

Budget airline Ryanair saw profits growth take off last year as a revamp designed to improve its image and attract business customers sent earnings soaring by 66%.

The New Anglia Growth Hub team, including its business growth advisers who offer free support to businesses in Suffolk and Norfolk.

New Anglia Growth Hub has beaten its target of providing support for 3,000 businesses in its first year.

Andrew Rowe, managing director of Concertus.

Andrew Rowe, managing director at Ipswich based Concertus Design & Property Consultants, has been appointed as finance director for SPACES, the new society that has been formed from a merger between SCALA (Society for Construction and Architecture in Local Authorities) and SCEME (Society of Electrical and Mechanical Engineers serving Local Government).

Greene King apprentice Tamara-Leigh Kirkham.

Greene King has been named VQ Large Employer of the Year for 2015, in recognition of its support for members of its workforce undertaking vocational qualifications (VQs).

Sizewell A and B

Staff at the redundant Sizewell A nuclear power station will have to wait to find out if their jobs are safe from planned redundancies.

The opening of Precision Marketing's new headquarters in Bury St Edmunds.

An expanding marketing services firm celebrated the official opening of its new head office in Bury St Edmunds yesterday.

Abby Curtis who is opening Pump and Grind coffee shop in Great Colman Street with Tom Kerridge

The business team behind a new cafe have said they are disappointed they will not able to serve alcohol when opening for the first time on Saturday.

Arlingtons new art exhibition, Liz and Ken Ambler at the launch

Music, art, wine and a great deal more

Steven and Debbie Morgan pictured when they took over The Royal Oak earlier this year

Firefighters were called to a pub last night following a water leak which caused flooding.

Most read

Most commented

Topic pages