// John Lewis Partnership’s overall weekly sales steady at 0%
// Waitrose weekly sales up 1.9%
// John Lewis weekly sales down 3.2%
John Lewis Partnership weekly sales growth has plateaued, as its eponymous department store chain once again dragged the overall results.
For the week ending February 9, sales at the parent company of Waitrose and John Lewis remained steady, with sales growing marginally from from £200.82 million to £200.89 million year-on-year.
Between the partnership’s two retail chains, John Lewis was once again the weakest link with a weekly sales decline of 3.2 per cent year-on-year – although this was an improvement on the 4.4 per cent weekly sales decline it booked last week.
Meanwhile at Waitrose, weekly sales grew 1.9 per cent year-on-year, but this was slower growth compared to last week when sales grew 4.1 per cent year-on-year.
John Lewis said sales in its fashion department were up three per cent, boosted by demand for new season collections in women’s accessories and menswear where sales increased by 11.4 per cent and 8.9 per cent respectively.
Price matching a competitor promotion on beauty products also helped increase sales in beauty, wellbeing and leisure by 1.7 per cent on last year.
Home sales were down four per cent, but sales of storage products were up 27 per cent, which the department store attributed to the “Marie Kondo effect”.
Meanwhile, overall sales of gift products were up 10.8 per cent with gift food sales up 21 per cent as customers prepared for Valentine’s Day.
Electrical and home technology sales were down 7.8 per cent, but John Lewis said this was due to a tough comparison to a strong week last year.
Over at stablemate Waitrose, weekly sales growth boosted by the Chinese New Year as Chinese ingredients, sauces and stir fry were in strong demand as shoppers celebrated the Year of the Pig.
Baked goods were also popular, with sales of hot cross buns and bagels up 87 per cent and 34 per cent respectively.