John Lewis set to beat forecasts November 1, 2010 John Lewis yesterday said it would beat its four per cent sales growth forecasts for the current half-year, declaring its core, middle-income shoppers will be less hurt by the government’s spending review than first feared. Retail director Andrew Murphy said the balance between spending cuts and tax rises meant his customers could still afford to [...]
FTSE gains fuelled by Eurozone deal July 22, 2011 The FTSE 100 tracked other global markets upwards as the sealing of a second bailout for Greece produced a collective sigh of relief from investors, governments and financial institutions. Leaders of the Eurozone threw a lifeline to debt-stricken Greece that includes an extra €109bn of government money as well as a significant contribution from private [...]
FTSE gains fuelled by Eurozone deal July 22, 2011 The FTSE 100 tracked other global markets upwards as the sealing of a second bailout for Greece produced a collective sigh of relief from investors, governments and financial institutions. Leaders of the Eurozone threw a lifeline to debt-stricken Greece that includes an extra €109bn of government money as well as a significant contribution from private [...]
Leahy invests in tech firm June 12, 2011 FORMER Tesco boss Sir Terry Leahy has invested £2m of his personal wealth into a British software startup. He has bought a ten per cent stake in MetaPack, a small technology firm that co-ordinates customer deliveries for several big retailers. The company counts Sir Terry’s former employer, from which he stood down as chief executive [...]
JOHN LEWIS GOES MOBILE October 14, 2010 John Lewis this week launched a mobile-friendly website that enables customers to buy from the full selection of goods and find their nearest shop by entering m.johnlewis.com. Plans for an app are afoot – this mobile site acts as an enabler for a mobile application – penned for a potential launch in 2011. m.johnlewis.com
ICAP DOES DISCO FOR DRESS-UP DEALATHON December 7, 2011 THEY have only worked at ICAP for four days. But the twenty ex-MF Global staff who joined the firm last Thursday have already made a big impression by installing Faces nightclub on the trading floor and dressing up as the late Jimmy Savile. “Well, we had to make a splash somehow,” said ICAP’s new global [...]
John Lewis to launch its xmas ad campaign with the X Factor November 8, 2010 JOHN Lewis will launch its Christmas TV advertising campaign on Saturday during an ad break on the X Factor. The new campaign – which will be set to a cover of Elton John’s “Your Song” – was created by advertising agency Adam & Eve. The 60-second advertisement focuses on the care needed to find the [...]
FTSE solid as investors eye US jobs data July 8, 2011 The FTSE 100 started out on the front foot today as investors awaited key US jobs data to assess the strength of the country’s economic recovery. Positive performances on Asian markets and on Wall Street buoyed sentiment in London with the non farms payroll figures to set the tone for trading later. Greece will also [...]
Shapland leaves Sainsbury’s May 9, 2011 Sainsbury’s has announced that its group development director Darren Shapland is to stand down, with non-food managing director Luke Jensen taking on the majority of the role from July. The company also announced that James Brown would join from Littlewoods as business unit director for clothing, and Robbie Feather was leaving John Lewis to become [...]
John Lewis sales stalled by strike and sunshine October 15, 2010 RETAILER John Lewis said sales growth slowed last week, as a strike on London Underground and a brief Indian summer meant fewer shoppers in its stores. The employee-owned company, traditionally seen as a bellwether of the UK retail sector but which has outperformed competitors for over a year, said on Friday sales at its 28 [...]