UK: John Lewis reports weekly sales dip
UK department store John Lewis has reported a slight sales decline over the past week amid warmer weather.
"Our trade levels were just a whisker short of last year at -0.8 per cent which was a credible result given we had a very good week of weather against us last year and this year there was rain and even hail in parts of the UK," said Lesley Ballantyne, director operational development at the chain.
John Lewis was reporting on its 17th week to 28 May 2010-11, which last year saw sales soar 23.6%.
Department store retailer John Lewis is to show its support of British manufacturing by putting a 'Made in UK' logo on more than 4,000 products from next year....
John Lewis reported a decline in first-half profit amid "continuing challenging trading conditions," but has accelerated investments in its future growth....
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