1 814
Fashion Jobs
SAINT LAURENT
Saint Laurent Client Engagement Executive
Permanent · SYDNEY
MYER
Visual Merchandise Manager
Permanent · MELBOURNE
MYER
Online Fulfilment Team Member
Permanent ·
L'OREAL GROUP
National Account Manager - Grocery
Permanent · MELBOURNE
L'OREAL GROUP
Assistant Brand Manager
Permanent · MELBOURNE
TRP RECRUITMENT
Senior Buyer - Womenswear
Permanent · CANBERRA
MYER
Retail Property Manager
Permanent · DOCKLANDS
MYER
Uniformed Loss Prevention Officer | North Lakes
Permanent · NORTH LAKES
MYER
Uniformed Loss Prevention Officer | Adelaide City & Tea Tree Plaza
Permanent · ADELAIDE
MYER
Uniformed Loss Prevention Officer | Sydney City, Bondi, Eastgardens & Chatswood
Permanent · BONDI
MYER
Uniformed Loss Prevention Officer | Miranda
Permanent · MIRANDA
UNILEVER
Site Training Coordinator
Permanent · MINTO
UNILEVER
Health & Wellbeing Regulatory Affairs Assistant Manager
Permanent · NORTH ROCKS
BULGARI
Sales Administrator
Permanent · SYDNEY
H&M
Facilities Manager
Permanent · SYDNEY
NIKE
Technical Operations Specialist - Pacific
Permanent · MELBOURNE
BOARDRIDERS
Anz Business Intelligence Manager
Permanent · BYRON BAY
SAINT LAURENT
Saint Laurent Finance Manager Anz
Permanent · SYDNEY
COTY
Influencer Marketing Manager (Rimmel & Maxfactor)
Permanent · SYDNEY
UNIVERSAL STORE
Area Sales Manager - Newcastle Region - Newcastle Region
Permanent · NEWCASTLE
LOUIS VUITTON MALLETIER
HR Business Partner
Permanent · SYDNEY
PORTMANS
Planner - Portmans
Permanent · MELBOURNE
By
Reuters
Published
Nov 1, 2009
Reading time
2 minutes
Download
Download the article
Print
Text size

John Lewis weekly sales rise

By
Reuters
Published
Nov 1, 2009

LONDON (Reuters) - John Lewis, the employee-owned group seen as a barometer of British retailing, posted a sixth consecutive week of rising department store sales, but said it was still too early to talk of a sustained consumer recovery.


A John Lewis worker and customer - Photo: www.johnlewispartnership.co.uk

The firm said on Friday 30 October sales at its department stores rose 9.1 percent year-on-year to 56.8 million pounds in the week ended October 24, helped by early Christmas shoppers and a stronger-than-expected launch of its first smaller format store focussed on furnishings and electrical products.

It also said, however, the rise was flattered by weak sales in the same period last year and noted sales were down 1.5 percent compared with the same week two years ago.

"We continue to keep a watchful eye on our two-year comparisons, which remind us we are not yet trading at a level that could allow us to relax or believe that sustained growth will come easy at any point in the near future," it said.

Retail stocks have risen sharply over recent months on hopes of a consumer recovery. But data have been mixed and many company executives warn trading is likely to stay tough into 2010, with unemployment and taxes expected to increase.

A monthly survey by GfK NOP showed on Friday 30 October that British consumer confidence rose in October to its highest level since January 2008.

But official retail sales data for September were flat for a second month running and below forecasts.

John Lewis, Britain's biggest department store group by revenues, said weekly sales of homewares rose 11.5 percent, just ahead of fashion on 11 percent and electricals and home technology goods on 6.1 percent.

Sales of the new "John Lewis at home" store in Poole, south England, beat its expectations by over 30 percent, it added.

Weekly sales at Waitrose, the group's upmarket grocery chain, rose 15.1 percent to 84.5 million pounds, underscoring its current position as Britain's fastest-growing food retailer.

(Reporting by Mark Potter; editing by Simon Jessop)

© Thomson Reuters 2024 All rights reserved.