Bank Holiday hits John Lewis growth
Department store chain John Lewis saw growth slip back last week as consumes preferred sunshine to shopping.
Although the chain saw sales rise by 3.3%, this was below its recent performances.
'In Home the trade was tougher, down 3.8%, although against some one-off sales from a year ago. That said, good sales in furniture and the launch of "Any Shape, Any Fabric" all bode well for the rest of the year,' says Tim Harrison, John Lewis head of retail implementation and format development.
'The weather was generally hot and sunny and with the Bank Holiday on Monday, customers wanted to make the most of their last opportunity of the summer outside. Total sales finished up 3.3% on last year. This is behind our current run rate, but was the biggest sterling week [£72.81m] of the half so far. Online sales were a vital component in the result with 19.9% growth and an especially good Click & collect performance.
'From the trading branches it is worth highlighting the ongoing strong performances of both Swindon, up 12.6%, and Milton Keynes, up 7.9%. Also the strength of both Glasgow, up 4.9% and Edinburgh, up 3.5% helped lift the shop results.'