John Lewis stores defy cold snap
SNOWSTORMS could not stop the boom in John Lewis sales, the department store announced yesterday.
Sales last week were just short of £100m, up 8.7 per cent on the same time last year.
And the Oxford Street branch recorded its best ever November week.
Children’s toys are predictably selling well in the run up to Christmas, but Nat Wakely, director of selling operations for John Lewis, also reported a rush for “big kids’ toys” such as iPads and Kindles.
Consumers may be making big purchases before the new year when VAT increases to 20 per cent, said Howard Archer of IHS Global Insight.