Report John Lewis Crimbo Sales Up 30.6% in House prices and the economy Posted December 26, 2010 something doesn't feel right about these headline numbers. On the ground jlp is asquiet as everyone else. I'd agree with that. Something is skewing these figures if they are even genuine. Most retailers in my West Country town experienced an absolute bloodbath in Xmas week, and nearby towns similar. Here, high ticket items got hit the hardest - sub £10 items held up the best. Record Boxing Day queues in Arndales & megamalls around the country don't add up to an enhanced bottom line for retailers. PLC retailers have a tendency to slash prices to any level just to get footfall and spend, and then hope to catch up margin later on before the accounts get compiled. Why? Lots of senior jobs are on the line - their jobs are only as safe as this quarter's figures. So the figures get ridiculously skewed. I'd bet that there's been more of a downturn over Xmas than the chain-store generated headlines would have you believe. Let's see when the results come out.