Sales Lift for John Lewis

Summary


Department store business John Lewis provided evidence of a pre- Christmas recovery on the high street yesterday after reporting a sales lift of 11.7%. The group, which is the first major retailer to issue sales figures, said there had been a 'marked shift' in fortunes since the beginning of November.

Retailers had been caught in the worst conditions for 15 years, but yesterday John Lewis said sales bettered the previous week for the past 10 weeks, culminating in the 11.7% improvement for the month up until Christmas Eve.

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Extract


Sales Lift for John Lewis

Managing director Charlie Mayfield sa...

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