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Business News

John Lewis sees bumper sales

Bargain hunters have boosted John Lewis department store sales by more than 26 per cent during the first three full days of the retailer's post-Christmas clearance event.

The stores notched up £27.8m in sales on Monday, up 54 per cent on the same day last year and some 30 per cent higher than the previous record for a single day's sales in December 2008.

"We have had a fantastic start to clearance with both 27 and 28 December beating our previous record for a single day's sales," Nat Wakely, the John Lewis director for selling operations, said.

The figures will be a boost to the retail sector, which was hit hard by the pre-Christmas snow amid hopes for a strong performance ahead of the VAT rise scheduled for next week.