• Rate this Story
  • 0
  • 0

December 5, 2011 1:21 AM EST

John Lewis said sales rose 9.6 percent last week, with the increase flattered by snow disruption a year ago.

The employee-owned group, seen as a retail bellwether, said on Sunday department store sales rose to 113.6 million pounds in the week to December 3.

REUTERS
Shoppers enter a John Lewis store in Leicester, central England, November 14, 2008.

Related Articles

Related Topics

"While the figures were flattered by the snow which caused disruption to trade this time last year, sales were up 10.9 percent on the same week two years ago, indicating a robust underlying trading performance," John Lewis said.

Like us on Facebook

The 9.6 percent figure was a gross number, inclusive of VAT sales tax and new space contribution.

Analysts estimate the figure at about 2.6 percent, excluding VAT and new space.

($1 = 0.6399 pound)

(Reporting by James Davey; Editing by Dan Lalor)

(Photo: REUTERS / Darren Staples)
Shoppers enter a John Lewis store in Leicester, central England, November 14, 2008.
  • Rate this Story
  • 0
  • 0
Copyright 2012 Thomson Reuters UK. All rights reserved.

Join the Conversation

IBTimes TV

Follow IBTimes

E-Newsletters

We value your privacy. Your email address will not be shared.