John Lewis suffers double-digit home sales drop
John Lewis has blamed changes to the calendar for a large drop in sales.
Sales for the week to 9 March dropped by 8.8%, ‘impacted by the later fall of Mother’s Day and Easter this year,’ said Maggie Porteous, John Lewis shop trade director.
‘Home sales were down 10.7%. Outdoor living sales up 8% due to the warmer weather.
‘Fashion sales were down 10.1%. However, warm weather clothing was up 9% and menswear sales grew 3.3% due to new brand launches in this category.
‘Electrical and home technology sales were down 6.3%.'
Sister chain Waitrose saw sales drop by 8.9%. ‘'Sales were distorted by challenging comparisons against the same week last year when sales were higher due to Britain recovering from the Beast from the East and the run up to Mother’s Day, said Rupert Thomas, Waitrose commercial director.
Home sales at John Lewis were down 5.7% for the six week period.