Total sales at John Lewis grew 13.3% on last year for the week to October 10.
Sales were flattered by softer comparisons but strong internet sales and a strong start to the Christmas season also helped to boost sales for the department store.
Electrical also enjoyed strong growth with the launch of John Lewis branded TVs which it said made a “stunning” debut.
Johnlewis.com had a sales surge of 45.1% for the week, with sales of its homewear goods up 11.5%.
Singer Capital analyst Matthew McEachran said: “Looking at the latest four week trend, pre and post the collapse of Lehman Brothers back in September 2008, there is a distinct pattern. Over the last four weeks John Lewis sales have been up on average 7.7%. This compares to -0.4% in the preceding 4 weeks. We believe that other retailers will be experiencing a similar strengthening of sales, particularly those retailers, like John Lewis, that have lean towards the home.”
Sales for the John Lewis Partnership’s Waitrose chain rose 13.4% to £84.6m with more autumnal weather driving customers back into the kitchen.
No comments yet