Weather Tonight: 4°c Partly Cloudy Night Morning: 8°c Cloudy

Business

John Lewis
Gloomy: John Lewis' sales for the year are down 6.1%, with the big London stores amongst the worst performers

John Lewis fillip from 'stay at homes'

Robert Lea
17 Apr 2009


Britons are preparing for a long summer at home by snapping up garden furniture and picnic paraphernalia.

And the fashion for Fifties-style austerity is extending to the dinner table with news of a massive leap in sales of rabbit.

These are the highlights from High-Street bellwether John Lewis Partnership, which reported an as-expected Easter week food-buying boom at Waitrose but was also forced to concede that trading at the John Lewis department stores remains deeply depressed.

The stores, where sales for the year so far are down 6.1%, are continuing to have difficulties with the big London branches among the worst performers.

Total sales of £48 million in the week — normally one of the busiest in the year — fell 1.5%.

At Peter Jones, its Sloane Square fixture, sales were off 9.2%. The outlets in the giant shopping centres saw Bluewater down 5.6% and Brent Cross off 4.5%. The Watford branch saw sales slip 12.8% and Kingston falling 6.2%. Even the flagship Oxford Street failed to make it into positive territory, with sales in the week down 0.9% on last year.

In a statement, John Lewis sales director Dan Knowles tried to be positive. “We have been fortunate to enjoy a more clement spring for the season and our trade in related areas has done well. Outdoor furniture is up 28% and picnicware is over 50% ahead of this time last year,” he said.

Sister supermarkets chain Waitrose said sales were 23% higher at £94 million in the week, boosting sales for the year so far by 3.5%. Personnel director Ailsa Emerson said: “A lot of people chose to stay in Britain for their Easter break. Many customers chose to cook an alternative dish for Easter with sales of rabbit increasing a massive 185%.”

Reader views (0)

 Add your view

No comments have so far been submitted.


Add your comment

 

Terms and conditions Make text area bigger You have  characters left.

We welcome your opinions. This is a public forum. Libellous and abusive comments are not allowed. Please read our House Rules.

For information about privacy and cookies please read our Privacy Policy.


 

 

  • Relief for Sir Mervyn as inflation takes a tumble Osb and mervyn Bank of England Governor Sir Mervyn King has gained a major victory in his battle to bring down the spiralling cost of living as inflation...
  • Yell dives as print blow outstrips digital leap Yell Beleaguered Yellow Pages directories publisher Yell has seen its shares plunge as much as a quarter after a worse-than-expected slump in...
  • BHP and Rio bet on copper with mine expansion Rio Tinto The future is looking copper-coloured for BHP Billiton and Rio Tinto after the mining giants announced plans to invest $4.5 billion (£2.9...
  • Why saving may start to make sense again - just Piggy bank savings Long-suffering savers at last had some good news today when inflation fell below 4%, meaning there are now seven standard savings accounts...
  • City says timing wrong in Moody's UK rating threat Euro City economists have raised doubts over the timing of the threat by rating agency Moody's to slash the UK's AAA sovereign credit score,...
  • Hotel giant goes for Olympic gold as profits wow the City Intercontinental Hotels Hotelier InterContinental Hotels is looking to emerging markets and especially China to drive future growth
  • Bloomsbury takes a new passage to India Fashion book Publisher Bloomsbury is to set up a new business in India to take advantage of rapidly growing demand from the country's English-speaking...
  • Thai disaster floods Lloyd's with a bill for £1.4 billion Lloyd's of London Thailand's worst flooding in 50 years last October will cost the Lloyd's of London insurance market $2.2 billion (£1.4 billion), it has...
  • Bank of Japan increases stimulus to boost growth Japan Bank of Japan has added 10 trillion yen (£83 billion) to its 20 trillion yen pool of funds set aside for asset purchases in a surprise move
  • Brammer sees profits jump Box of tricks: DIY tools can be expensive to buy Industrial services group Brammer has posted a 41% jump in full-year pretax profit on strong demand
  •  
    Market Roundup
    TUESDAY UPDATE

    Valentine's massacre as City dumps Hampson

    No one likes getting rejected on Valentine's Day

    More