Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

John Lewis weekly sales dip, warns of 'testing' year ahead

John Lewis has reported a slight dip in sales for the week ending January 29 and warned that the year ahead would be more “testing”.

For the week to January 29, John Lewis’ final trading week of its financial year, sales were down 0.9%. Excluding VAT, sales were down 3.1%. Only its Peter Jones, Cambridge, Trafford and Glasgow were up on last year.

Some of its prominent department stores had a tough week. Bluewater was down 11.8%, Cribbs Causeway was down 11%, Brent Cross was down 9.9% and Oxford Street was down 2.4%. However, John Lewis said 15 shops exceeded their trade of two years ago. was up 19%, driven by momentum in double-digit increases in fashion.

For the week, fashion sales were “steady”, the department store said, with “interest showing” in men’s and women’s clothing

John Lewis retail director Andrew Murphy said: “The year ahead promises to be even more testing, but we are budgeting for growth.”

Separately, the John Lewis Partnership - which also owns grocer Waitrose - has appointed Baroness (Sarah) Hogg, chairman of the Financial Reporting Council and senior independent director of BG Group, and David Anderson, non-executive director of NFU Mutual Insurance Societt and chairman of thinktank Mutuo, as non-executive directors.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.