John Lewis sales hit by wedding and easter May 6, 2011 Easter and a half-day closure for the royal wedding led to a sharp fall in weekly sales at Britain’s biggest department store chain John Lewis, it said. Sales dropped 9.2 per cent year-on-year to £48.7m in the week ended 30 April, and were down 10.7 percent excluding VAT sales tax. Employee-owned John Lewis, viewed as [...]
There’s no logic in a punitive tax on bank bonuses February 12, 2012 LET us imagine two bankers. Let’s call them Jocelyn and Alastair. Last year they were both paid £2m. Jocelyn had a basic salary of £500,000 and a bonus of £1.5m. Alastair had a basic salary of £2m and no bonus. Who thinks that Jocelyn should pay more in tax than Alastair? Ed Miliband seems to [...]
FOR THE KITCHEN December 1, 2011 JOHN LEWIS CONNOISSEUR GLASSWARE COLLECTION £20-£35 An affordable way to make your parties stylish. www.johnlewis.co.uk MUJI OLIVE WOOD MORTAR & PESTAL, £14.95 Nifty little vessel for crushing herbs and…whatever else. www.muji.eu TIFFANY & CO MUG, £25 The ultimate receptacle for hot drinks has to be a Tiffany mug decorated with London’s most famous sights. www.tiffany.co.uk SWISSGOLD [...]
Retailers add cheer to gloomy high st December 11, 2011 DEPARTMENT store John Lewis has offered some hope to the ongoing high street gloom by revealing record sales last week as the Christmas shopping season gained momentum. Sales rose by two per cent to £123.5 in the week to December 10, rising 12.5 per cent on a two-year basis as customers snapped up winter clothes [...]
Retailers add cheer to gloomy high st December 11, 2011 DEPARTMENT store John Lewis has offered some hope to the ongoing high street gloom by revealing record sales last week as the Christmas shopping season gained momentum. Sales rose by two per cent to £123.5 in the week to December 10, rising 12.5 per cent on a two-year basis as customers snapped up winter clothes [...]
John Lewis in Mother’s Day boost April 8, 2011 Sales at British retailer John Lewis were higher last week as Mother’s Day, warmer weather and promotions drove a pick up in trade in a generally subdued retail environment. “The combination of Mother’s Day, price matching competitor activity and better spring weather gave sales a real boost with the week closing at up 12 per [...]
Retailers hit as consumers cut spending December 18, 2011 RETAIL sales are continuing to slump as consumer spending power is hit by inflation, government spending restraint and the Eurozone crisis, according to research published yesterday by the Centre for Economics and Business Research (CEBR). Spending is down 1.7 per cent compared with November, the CEBR claims, and down 0.3 per cent on last December [...]
FOR HS2 AGAINST HS2 January 10, 2012 JOHN CRIDLAND Director general, CBI “Without new capacity, by the 2020s the main west coast line would be gummed up, and rail freight would be likely to be squeezed out. We are right to plan for the infrastructure which the next generation will need, and the biggest prize will come from phase two. This will [...]
CITY MOVES WHO’S SWITCHING JOBS June 24, 2012 Regard Sandie Foxall-Smith has been appointed chief executive of the care specialist group. She joins after four years as chief executive of St Peter’s Hospice in Bristol, and replaces co-founder and major shareholder John Farragher. Foxall-Smith has many years’ experience in the healthcare sector, and previously served as director of development at Circle Health and [...]
John Lewis weekly sales up 7.3 per cent April 15, 2011 Retail giant John Lewis reported its strongest weekly growth rate since early January Figures show a 7.3 per cent increase on last year’s sales in the week to 9 April. Improved weather boosted summer fashion sales with a 10.3 per cent increase. “The general impression remains that consumers are reining in their spending,” said chief [...]