Retail news
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John Lewis celebrates "outstanding" Christmas
- Posted:
- 05 January 2012 10:00
John Lewis has celebrated an "outstanding" Christmas, as strong sales of clothes and electrical goods helped the department store take sales of over half a billion pounds.The company, a division of the John Lewis Partnership and which operates 35 stores in the UK, said sales were up 9.3% to £596 ...read more
Christmas rush boosts retail figures
- Posted:
- 12 December 2011 09:56
Millions of shoppers hit the stores this weekend, helping to boost under pressure retail figures, traders said today.Retailers across the UK slashed their prices to entice Christmas shoppers into stores, over what is traditionally one of the busiest shopping weekends of the year.More than 1.5 million shoppers flooded to London's ...read more
Retail sales fall in November
- Posted:
- 05 December 2011 09:46
Retail sales continued to fall in November despite "panic" levels of discounting on the high street, a monthly survey said today, spelling more gloom for the sector.Mid-tier retailers saw like-for-like sales fall 1.7% last month, BDO's High Street Sales Tracker said, as unseasonably warm weather hit fashion sales, which dropped ...read more
Black Leisure in profits warning
- Posted:
- 25 November 2011 10:05
Blacks Leisure today warned full-year profits would be lower than expected as the gloom on the high street continued to heap pressure on the outdoor clothing group.Blacks Leisure, which owns the Blacks and Millets brands, said sales had been lower than expected in the last few weeks, prompting the group ...read more
John Lewis boosted by e-book sales
- Posted:
- 14 November 2011 09:55
Department store chain John Lewis today said strong sales of e-book readers helped its Christmas trading season get off to a "resilient" start.The chain said it was "clearly going to be a very techy" Christmas after seeing a strong rise in demand for electronics, including e-book readers such as Apple's ...read more
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