Like-for-like sales of electricals and home technology faced 'stiff comparatives' this week at John Lewis, after the retailer saw a sales fall.Head of selling development at the retailer, Barry Matheson claimed it was 'no surprise' that sales had fallen, with him stating that it was up against one of its best weeks last year.
Blaming what he described as "almost daily reports of doom and gloom," he said "it is perhaps no surprise that our customers appear to be taking a more cautious approach, particularly to major purchases."
Indeed, it was seized upon by Shore Capital analyst John Stevenson to warn that the fall at John Lewis was bad news for technology rivals such as DSGi.
Source: Retail Week
Advertisement
Related Stories
- 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
- Gem signs partnership with Jarre Technologies Feb 2nd 2012 at 12:00PM
- Gem offers mobile gaming environment Jan 25th 2012 at 2:38PM
- John Lewis reveals a rise in technology sales Jan 4th 2012 at 4:40PM
- Widget UK adds Fitbit to portfolio Dec 21st 2011 at 9:52AM
- HP launches first ultrabook Dec 16th 2011 at 4:00PM
- Rise of the planet of the apps Dec 15th 2011 at 2:18PM
- Kindle Fire sales estimated at two million Dec 2nd 2011 at 1:14PM
- Widget to distribute 3M's new mini projector Dec 1st 2011 at 12:15PM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!