John Lewis reports 'outstanding' Christmas
Wednesday 04 January 2012
Latest in Business News
On Facebook
Strong sales of clothes and electrical items helped department store John Lewis take more than half a billion pounds in an “outstanding” Christmas.
The retail bellwether, which operates 35 stores, said sales were up 9.3% to £596 million in the five weeks to December 31.
Online revenues rose 28%, boosted by a near doubling in the number of shoppers using its click and collect service, while like-for-like sales, which exclude new store openings, were up 6%.
However, the figures are not expected to reflect the performance of the broader retail sector, as the chain claimed it gained market share in all categories with the help of its price matching pledge.
Its strongest sellers included iPads and Kindles, cashmere sweaters and bedding and linen.
The period saw it smash its previous weekly sales record, when it took £133.1 million in the seven days to December 17.
However, it has seen a fall in sales in the week after Christmas as it came up against strong comparisons with the year before when people rushed to buy big ticket items ahead of the hike in VAT to 20%.
Managing director Andy Street said: “Sales during the four weeks to Christmas Eve were outstanding.”
John Lewis's pre-Christmas sales were also flattered by softer figures from last year when the Arctic weather kept shoppers at home.
Perfumes proved a popular gift ahead of Christmas and accounted for half of all beauty sales in one week. The group said it sold enough Chanel No 5 and Coco Mademoiselle to fill 3,600 champagne glasses.
Other popular gifts included lingerie, speciality chocolate and Champagne.
Sales of toys were strong, with a storage unit shaped like a giant Lego man's head and Hexbug mini-robotic creatures among the favourites.
Baking gadgets and brightly coloured kitchen utensils such as cookie cutters, measures and cupcake cases and pudding bowls were also snapped up.
And sales of boys' and girls' hats, gloves and scarves and snowboots benefited from the recent cold snap.
Its post Christmas sale has seen strong demand for laptops, TVs, Apple MacBooks, Dyson vacuum cleaners, iPod speakers and homewares such as mattresses and duvets.
PA
- 1 Brazil rocked by abortion for 9-year-old rape victim
- 2 Osborne gets fingers burnt as pasty tax crumbles
- 3 News in pictures
- 4 Four Britons face death by firing squad after 'smuggling cocaine into Bali'
- 5 The 'suburban smuggler' facing death penalty in Indonesia
- 6 Vatileaks: Hunt is on to find Vatican moles
- 7 In pictures: The bewildering face of China
- 8 Help me decide future of press, Leveson asks Blair
- 9 Fire at one of world's most luxurious malls leaves 13 children dead
- 10 Hague sent packing by Russia as Annan peace plan crumbles
- 1 Robert Fisk: Clinton's $33m raid on Pakistan shows that, in the end, hypocrisy will win
- 2 Brazil rocked by abortion for 9-year-old rape victim
- 3 Robert Fisk: The West is horrified by children's slaughter now. Soon we'll forget
- 4 Sex in dressing rooms and Play School presenters 'stoned out of their minds' - inside BBC Television Centre
- 5 Fat? Really? Olympic hope laughs off official’s jibe – but others aren’t amused
- 6 Postgraduate students are being used as 'slave labour'
- 7 'Hello mum, this is going to be hard for you to read ...'
- 8 Coke reveals its secret: It may need to carry a cancer warning
- 9 French in uproar over oral sex anti-smoking posters
Experience the Heineken Hub
Get free wi-fi and exclusive i content while you enjoy a tasty pint of Heineken at participating pubs.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Enter the latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Business videos from commercial thought leaders
Watch the best in the business world give their insights into the world of business.
Career Services
Day In a Page
'I may be deaf, but you can still talk to me'



Comments