×
76 685
Fashion Jobs
THE REALREAL
Fashion Product Receiver (Earn up to $17.80/HR)
Permanent · Secaucus
THE REALREAL
Fashion Product Receiver (Earn up to $18.30/HR)
Permanent · Phoenix
THE REALREAL
Vendor Receiver
Permanent · Perth Amboy
THE REALREAL
Fashion Product Receiver (Earn up to $17.80/HR)
Permanent · Perth Amboy
THE REALREAL
Field Sales Account Manager (Account Luxury Manager)
Permanent · Philadelphia
MICHAEL KORS
FT Sales Supervisor Penn Square - Oklahoma City, ok
Permanent · Oklahoma City
VF CORPORATION
Senior Director – Global Product Management – Finance Technologies
Permanent · Greensboro
MACY'S
Retail Fulfillment Associate, Barton Creek Square Mall - Full Time
Permanent · Austin
MACY'S
Asset Protection Detective, Roosevelt - Full Time
Permanent · Philadelphia
JCPENNEY
Asset Protection Associate
Permanent · Springfield
OLD NAVY
General Manager - Eastgate Plaza
Permanent · WILLIAMSVILLE
SACK OFF 5TH
Fulfillment Associate
Permanent · ORANGE
SACK OFF 5TH
Operations Associate
Permanent · ORANGE
LEVI'S
Merchandising Supervisor
Permanent · North Bend
JCREW
Associate Manager
Permanent · Burlington
JCREW
Facilities Coordinator
Permanent · New York
LORO PIANA
Internal Control Specialist
Permanent · NEW YORK
ON RUNNING
Marketing Lead, Latin America & The Caribbean
Permanent · PORTLAND
KOHLS
Full-Time Stockroom Operations Supervisor
Permanent · Peoria
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Matthews
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Columbus
KOHLS
Full-Time Loss Prevention Supevisor
Permanent · South Burlington
By
Reuters
Published
Jul 27, 2012
Reading time
2 minutes
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

John Lewis sales rise as Britons get set for Games

By
Reuters
Published
Jul 27, 2012

John Lewis, Britain's biggest department store group, posted yet another double-digit rise in weekly sales, as shoppers geared up for London 2012 with Games inspired purchases ranging from TVs to lego to replica Olympic torches.


Photo: John Lewis


The employee-owned firm said on Friday department store sales increased 11.2 percent year on year to 63.8 million pounds in the week to July 21.

John Lewis highlighted a 19 percent increase in television sales and a 60 percent uplift in sales of gift collections, driven by London 2012 merchandise.

"As the Olympic Torch Relay completes its journey we are still selling over 1,000 units of the replica each week. Other strong sellers include the Team GB Lego Minifigures ... officially our best selling unit product in a week," said head of merchandising Susan Young.

John Lewis, which has a bias to the south east of England, has set the pace in the sector this summer as the deluge of rain has driven footfall from the high street to the covered shopping malls where its stores are often located. Wet and cold weather is also favourable for its key household goods business.

Last week the wider impact of Britain's sodden summer was laid bare by weak sales updates from major retailers, including Kingfisher and Halfords, showing that the wettest April to June period since records began had hurt already weak demand in an economy showing few signs of pulling out of recession.

Official retail data also indicated that celebrations to mark Queen Elizabeth's Diamond Jubilee failed to provide the much hyped and hoped-for boost to spending, raising the question of whether the London Olympics will get the shop tills ringing across the country.

John Lewis has also been outperforming the wider market because its generally more affluent customers have been less impacted by Britain's double dip recession, while improvements to product and service and new modern stores have chimed with consumers.

The firm's sales numbers are, however, flattered by the fact it has more shops than last year and by higher prices because of inflation. Also electrical items tend to have relatively low profit margins.

John Lewis also owns upmarket supermarket chain Waitrose. Here week to July 21 sales rose 8.7 percent to 107.6 million pounds.

© Thomson Reuters 2023 All rights reserved.