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John Lewis reports weekly sales drop


Department store retailer John Lewis has reported sales of £120.3 million for the seven days to Saturday December 18th, but trading levels were down on the previous week.

Heavy snowfall in London and the south-east on Saturday prevented many people heading to some of the company’s largest stores, while John Lewis outlets at Brent Cross Shopping Centre and High Wycombe were closed for customer safety reasons.

Many retailers were expecting Saturday to be the busiest shopping day of the year, and it is difficult to put a price on how much money they lost out on due to Saturday’s adverse weather conditions.

Generating revenue of £120.3 million in one week is no mean feat, however, and John Lewis Retail Director Andrew Murphy chose to focus on the positives.

He said: “Under the current weather conditions, to have come so close to the recent record week is a testimony to how much customers value John Lewis.

“Even though some customers may have missed out on their key shopping day, there are still five shopping days left.

“Our branches are buzzing with Christmas excitement, our stock levels are good, our opening hours are extended, and our partners are ready to serve the pent-up demand from customers.”

Sales for the week were up seven per cent year-on-year, while the seven-day period also saw the retailer surpass £120 million for only the second time in its history.

Published on Monday 20 December by Editorial Assistant

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