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Furniture Sales up But Profits Decline at John Lewis

Sep 21, 2016

John Lewis delivered gross sales of £2.02b for the HY ended 30th July – up 4.5%, with LFL sales growth of 3.1%, ahead of its more critical sales and profit-driving second half. Despite growing sales, operating profit fell by ...

Tags: John Lewis, gross sales

John Lewis Sees in-Store Sales Drop But Online Sales Increase

Nov 18, 2015

Witnessed the launch of the John Lewis Christmas advert which brought to life The Man on The Moon. It appeared in John Lewis branches, online and on its customers' television screens as well as trending on social media. Sales across the ...

Tags: Textiles, Carpet, Lighting

China's Real Estate Market Has Shown Glimmering Signs of Bottoming out in Big Cities

Jun 16, 2015

China's real estate market, widely scrutinized for its significance to the world's second largest economy, has shown glimmering signs of bottoming out in big cities. The property market remains largely anemic, but a string of indicators ...

Tags: Property Market, real estate market

Improved Buyer Demand Pushed Pending Home Sales to The Highest Level

Mar 6, 2015

Improved buyer demand at the beginning of the year pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors (NAR). All major regions except for the Midwest saw gains in ...

Tags: Pending Home Sales

John Lewis' Home Directorate Had a Record Sales Week

Dec 24, 2014

John Lewis' Home directorate had a record sales week and this was reflected in its year-on-year increase of +0.6%. With the final few shopping days before Christmas still to come, last week John Lewis achieved sales of £160.6m +6.5% ...

Tags: retail director, Christmas trade, Furniture

The Festive Season Is Now Front of Mind for John Lewis' Customers

Nov 26, 2014

Christmas Shop and gifting across all directorates signalled that the festive season is now front of mind for John Lewis' customers. After passing the £100m mark last week, this week saw sales of £114.2m, up +2.1% on last year ...

Tags: Christmas Shop, Furniture

M&S Published Its Financial Results for The Half Year Ending 27th September 2014

Nov 6, 2014

Marks & Spencer (M&S) has published its financial results for the half year ending 27th September 2014, highlighting growing margin and profit over the period. Group sales rose by 1% to £4.9b. First-half sales were down 6.3%, partly ...

Tags: M&S, Home Sales

China's GDP Growth Falls to Five & a Half Year Low

Oct 23, 2014

China’s National Bureau of Statistics said Tuesday the country’s gross domestic product rose 7.3% on the year for three months through September, the slowest growth since the first quarter of 2009. Inflation-adjusted economic ...

Tags: gross domestic product, Chinese economy

MPI Posted a Gain of Five Points to a Reading of 58 for The Second Quarter

Sep 2, 2014

The Multifamily Production Index (MPI), an indicator for the multifamily market released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter. It is the 10th straight ...

Tags: MPI, multifamily market

Growth in Home Improvement Activity Is Expected to Peak During The Second Half of 2014

Aug 21, 2014

Growth in home improvement activity is expected to peak during the second half of 2014 and then begin to ease heading into next year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures ...

Tags: Growth, Improvement, Construction

Pending Home Sales Surge in May

Jul 3, 2014

Pending home sales rose sharply in May, with lower mortgage rates and increased inventory accelerating the market, according to the National Association of Realtors (NAR). All four regions of the country saw increases in pending sales, with ...

Tags: Construction, Decoration

Affordable Home Prices Will Keep Housing on an Upward Trajectory Through 2015

Apr 29, 2014

A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward trajectory through 2015. However, several obstacles including tight consumer credit, shortages of lots and labor and ...

Tags: Construction, Decoration

UK Retail Sales for March Were Down 1.7% on a Like-for-Like Basis From March 2013

Apr 18, 2014

UK retail sales for March were down 1.7% on a like-for-like basis from March 2013, when they had increased 1.9% on the preceding year, according to the latest BRC-KPMG Retail Sales Monitor. On a total basis, sales were down 0.3%, against a ...

Tags: Furniture, Furnishing, retail sales

Opening of a New Shop in York Combined to Deliver a Strong Week's Trading for John Lewis

Apr 17, 2014

The first week of the Easter break, good weather and the opening of a new shop in York combined to deliver a strong week's trading for John Lewis, with increases in all areas delivering a 13% gain on last year. All directorates saw ...

Tags: Furniture, Furnishing

UK Like for Like Sales and Margins in Line with Expectations for The Quarter

Apr 16, 2014

UK like for like sales and margins in line with expectations for the quarter, says retailer. Mothercare has this morning reported some improvement in trading for both its international and UK operations in the fourth quarter. Group ...

Tags: Mothercare, baby products

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