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Article: JOHN LEWIS BUCKS RETAIL TREND WITH RECORD SALES
- Article from:
- The Sunday Telegraph London
- Article date:
- July 29, 2007
- Author:
CopyrightCopyright 2007 The Sunday Telegraph London. Provided by ProQuest LLC. (Hide copyright information)
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John Lewis, the department store chain that is owned by its
employees, saw its strongest ever day of trading earlier this month,
bucking the doom and gloom that is being seen elsewhere on the high
street, writes James Hall.
Sales on the first day of John Lewis's summer clearance sale this
month hit pounds 18.8m, up by a third on the previous year and an
all-time company record. Overall, sales for John Lewis's first half -
which ended last night - were 6.7 per cent higher than last year.
Sales on the company's website, John Lewis Direct, are up by 40 per
cent year-on-year.
Meanwhile, John Lewis will open its first food hall at its Oxford