Weather Tonight: 3°c Partly Cloudy Night Morning: 6°c Cloudy

Business

John Lewis shoppers

Southern stores lead the way for John Lewis

Gideon Spanier
3 Sep 2010


Department store chain John Lewis, a bellwether for Middle England, is seeing its outlets in the south of the country perform much better than in the north.

Weekly sales at the flagship Oxford Street store were up 14% while Peter Jones in Sloane Square rose 16% — despite both still finishing refurbishment work in their womenswear departments.

The group's Bluewater store was another strong performer, up 13% in the week before the August Bank Holiday.

But a north-south divide emerged as the Newcastle branch dived 9%, Aberdeen was down 3.8%, Sheffield fell 2.2% and Edinburgh slipped 1.5%.

Sales across the group's 30 outlets rose 12.2% to £57.8 million in the week and are up by the same percentage across August — boosted by the opening of a new store in Croydon selling home furnishings.

John Lewis said customers were not only buying school gear before the start of term but also splashing out on Apple iPads and other computers.

Fashion and furnishings were both up 16% to 17%. Online sales rose a punchy 30%.

The group's Waitrose food chain saw sales rise 6.8% to £90.2 million.

Other retailers are doing well by appealing to affluent customers. DSG International, owner of Currys and PC World, yesterday reported a 6% rise in sales thanks to a World Cup price promotion on TV sets worth more than £699.

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.


 

 

  • Dip in profits puts the skids under targets at Barclays Bob Diamond Barclays could miss its ambitious, medium-term profitability target, chief executive Bob Diamond has admitted, as the bank reported a 3%...
  • Greek bailout snag sends jitters through markets Greek protesters Stock markets wobbled and jittery investors are seeking safe havens, as struggling Greece was denied vital bailout funds by Europe's finance...
  • Chelsea tractor that is just electrifying... Tesla Environmentalists usually revile them for their gas-guzzling status, but this is one SUV that could become the Chelsea tractor of choice for...
  • Luxury brands set for a jubilee bonanza Stacey Cartwright approved London's luxury brands are gearing up for street parties and exhibitions to cash in on the Queen's Diamond Jubilee this June
  • Osborne's bank levy take is likely to miss £2.5bn target Barclays Chancellor George Osborne could miss his target of raising £2.5 billion a year through the UK bank levy after Barclays said it is paying a...
  • New inflation fear as oil spike raises industry costs Mervyn King A sudden spike in crude oil prices pushed up manufacturers' costs in January, giving the Bank of England a fresh inflation warning a day...
  • Tate & Lyle blames Europe as Thames refinery jobs go Tate & Lyle Refinery The American owner of the historic Tate & Lyle sugar refinery on the Thames at Silvertown is planning to shed staff because of new EU...
  • Domain firm on the dot with another £9m An AIM-listed firm that sells website addresses today raised a further £9 million from investors
  • CWC on the slide after message of poor progress in Panama Panama Cable & Wireless Communications saw its shares fall more than 8% after the emerging-markets telecoms firm warned its business in Panama "has...
  • NYSE Euronext profits slip amid slow trading Further evidence of just how sluggish the end of last year was for the financial sector has come with results from the NYSE Euronext stock exchange giant
  •  
    Market Roundup
    FRIDAY UPDATE

    Investec says Carnival is set to weather Concordia storm

    Four weeks to the day that the Costa Concordia ran aground off the coast of Italy, the ship's owner Carnival was sailing up on claims it is on course for a full recovery

    More