Games turn into winner for John Lewis
John Lewis's London stores have seen a dramatic turnaround in sales as the Olympic Games progressed through the past week.
The partnership saw a slow start to trading as people stayed at home to watch the opening ceremony and first day. That skewed its overall takings in the capital downwards for the week ending on the first Saturday.
But since then, sales have bounced back hugely, with the Oxford Street shop, currently wrapped in a vast Union Flag, gaining 13% in the week ending last Saturday. Peter Jones in Sloane Square was up by 6% and other London area stores between 5% and 10%.
Nat Wakeley, director of selling operations, said: "It's going exactly | as we expected, having watched the patterns from Sydney and Vancouver."
He added that as Team GB's medal count started to build last week, surging numbers of shoppers came into the store to buy merchandise.
Diving in at the deep end is no excuse for shirking the style stakes
- 2 Why I'm on the brink of burning my Israeli passport
- 4 War is war: Why I stand with Israel
- 5 Blackest is the new black: Scientists have developed a material so dark that you can't see it...
Ian Thorpe gay: Olympic swimmer comes out in Parkinson interview
Stephen Fry ‘criticises Operation Yewtree in dinner party rant’ calling for tougher laws to deter false sex abuse allegations
Israel-Gaza conflict: ‘Sderot cinema’ image shows Israelis with popcorn and chairs 'cheering as missiles strike Palestinian targets'
Israel-Gaza conflict: Israeli air strike destroys home for the disabled killing two women residents
Israel-Gaza conflict: Israeli PM says conflict may 'continue for a long time' as hundreds of Palestinians flee their homes
Sustained immigration has not harmed Britons' employment, say government advisers
War is war: Why I stand with Israel
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’
Emergency data law: David Cameron plots to bring back snoopers’ charter
NUT strike: David Cameron announces crackdown on strike action ahead of mass industrial action
iJobs Money & Business
£70000 per annum: Harrington Starr: Information Security Manager (ISO 27001, A...
£75000 - £85000 per annum + ex bens: Deerfoot IT Resources Limited: Biztalk Te...
£60000 per annum: Harrington Starr: Trade Desk Specialist (FIX, Linux, Windows...
£35000 per annum: Harrington Starr: Service Desk Analyst (Windows, Active Dire...