Department store chain John Lewis has reported that last weeks in-store sales saw a 20 per cent improvement over the previous week, as shoppers respond to the VAT rate cut.Although these sales are still down by 6.7 per cent on the previous year, this still represents an improvement on the 13 per cent seen during most of November.
Online sales for the period beat its previous record, established last year, by £500,000.
“The next two weeks are absolutely crucial for us and all high street retailers, but we are confident that the upward sales trend will continue,” commented John Lewis’ selling operations director Nat Wakeley.
Source: Press Association
Advertisement
Related Stories
- iPad boosts April online sales to strongest in 18 months May 22nd 2012 at 10:53AM
- The Hut Group sees 70 per cent growth Feb 10th 2012 at 4:49PM
- Apple ordered to cease iPhone and iPad sales in Germany Feb 3rd 2012 at 3:05PM
- John Lewis reveals a rise in technology sales Jan 4th 2012 at 4:40PM
- Kindle Fire sales estimated at two million Dec 2nd 2011 at 1:14PM
- Comet opens online store with eBay Nov 30th 2011 at 1:25PM
- iPhone 4S October sales surge Nov 29th 2011 at 6:46AM
- Consumer electronic sales decline Nov 25th 2011 at 1:10PM
- Online sales to hit £7.75 billion Nov 14th 2011 at 1:24PM
