Jump to content
House Price Crash Forum

Bellwether John Lewis See 4Th Week Of Lacklustre Sales


Recommended Posts

http://uk.finance.yahoo.com/news/John-Lewis-sales-stall-reuters_molt-3711433972.html;_ylt=AlSRPNTOLUgdzUZsfspeGnXSr7FG;_ylu=X3oDMTE4aTIyaXFrBHBvcwM5BHNlYwN5ZmlUb3BTdG9yaWVzBHNsawNqb2hubGV3aXNzYWw-?x=0

John Lewis sales stall on shopper worries
8:27, Friday 18 February 2011
LONDON (Reuters) - John Lewis posted a
fourth consecutive week of lacklustre sales
, adding to evidence consumers are cutting back on spending in the face of macro economic headwinds.
The employee-owned group, which has been outperforming the broader retail sector for over a year, said on Friday sales at its department stores increased 1.4 percent to 49.8 million pounds in the week to February 12.
That follows a rise of 1.2 percent in the previous week and declines in the last two weeks of January.

UK Plc has not yet felt any impact from the cuts. May have to wait until the 3rd Q to actually see any signs of austerity?

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.