John Lewis weekly sales fall despite demand for spring lines

John Lewis posted a fall in weekly sales

Sales at the John Lewis & Partners department stores business slid 5.8% year on year last week as demand for clearance bargains slowed and mild weather hampered the performance of fashion, despite “strong demand for new spring products”.

Over the 50 weeks of the financial year so far, revenues are down 1.6%.

At grocery stablemate Waitrose & Partners, weekly sales declined 2.5% and have edged down 0.8% over 50 weeks.

 

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