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....
- Synergies Worldwide CEO unravels sourcing shifts
- Bangladesh still needs reforms to fix factories
- First figures show Bangladesh exports climb
- Why have US FTA imports fallen to a record low?
- Rana Plaza three years on – Timeline of change
- Hanesbrands to buy Pacific Brands for $800m
- BHS lacks relevance as it files for administration
- Improving traceability a key industry challenge
- US Q1 in brief: Carter's, Columbia Sportswear, Ske
- Aeropostale delisted from New York Stock Exchange