Trade Resources Industry Views John Lewis Reports a Strong Week of Trade, a Fitting Testament to Its 150th Anniversary

John Lewis Reports a Strong Week of Trade, a Fitting Testament to Its 150th Anniversary

John Lewis reports a strong week of trade, a fitting testament to its 150th anniversary. The retailer saw 14.5% growth on last year, with "brisk" trade coming from both shops and online.

Online sales grew by 33%, with Click & collect again the fulfilment method of choice.

"Shop sales grew by a 8% despite the tube disruption at the beginning of the week taking its toll on Oxford Street and Peter Jones," says Simon Russell, director, retail operations development, John Lewis. "The 'at home' format once again led the way in percentage terms, with Chichester, Swindon and Croydon at the top, while, for the full-line shops, Southampton and Norwich shone. High Wycombe continued capitalising on its refurbishment with an impressive 40% growth, while the newest John Lewis shop in York continues to exceed its target.

"Home also had a stronger week, just creeping into a double-digit increase. The 150-year anniversary merchandise is in demand, but it was Furniture that recorded the greatest sterling impact on the week, and also reported a healthy level of forward orders. Lighting and textiles also stood out as customers clearly continue to invest in their homes.

"The anniversary celebrations around the country were very well received, particularly in Oxford Street. The roof garden proved to be an instant hit and the exhibition a 'must see' according to customers."

Source: http://www.furniturenews.net/news/articles/2014/05/1590502662-furniture-performs-well-during-john-lewis-anniversary-week
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Furniture Performs Well During John Lewis' Anniversary Week
Topics: Furniture