'Another difficult week' for John Lewis
John Lewis suffered its fourth consecutive weekly sales fall last week, as it ended August down 3%.
John Lewis saw sales drop for the fourth week last week (to 29 August) as it endured ‘another difficult week’. Sales in the week were down by 3.4% and by 3% for the four week period.
Paula Nickolds, John Lewis buying and brand director accentuated the positives. ‘A tough trading period closed with another difficult week, but with definite signs in the run up to the Bank Holiday weekend that there is plenty of pent-up demand for us to target in September. While warm weather and the late Bank Holiday has kept customers' minds focused on summer, we are now well set to capitalise on the transition into a new season shopping mindset.
‘Despite overall sales being 3.4% down on the year, johnlewis.com performed strongly and saw a 6.9% year-on-year uplift. While overall shop sales were down on last year, south coast shops were the best performing with Exeter [5.6%], Poole [3.5%] and Southampton 2.4] leading the way.
‘Home sales were just down on the year at -0.4%, but there were lots of bright spots with Gift Assortments continuing their fine run. Customer reaction to the new Home catalogue has been very positive, and the team was all looking forward to the launch of Oxford Street's new floor this week. With so much to look forward to in the coming weeks, we're well set for an encouraging September.’