John Lewis bearer of bad news
DEPARTMENT store John Lewis has reported a massive drop in
like-for-like sales just weeks from the Christmas shopping
rush.
The retailer said that sales in the week up to November 10 were
up 1.8% compared to 14.4% in the same period last year.
Electrical goods, in particular iPods and laptops, helped boost
sales growth.
Despite the trading slowdown John Lewis said is it is well
placed for the Christmas period.