John Lewis Christmas trading statement - five weeks to 29 December 2012
John Lewis today publishes its trading update for the five weeks to 29 December 2012. Total sales were £684.8m, 14.8 per cent up compared with last year. Like-for-like sales were up 13.0 per cent. Compared with two years ago total sales were 25.5 per cent up whilst like-for-like sales grew by 20.1 per cent.
Compared with last year, Electricals and Home Technology sales were 30.9 per cent up. Fashion, including Beauty, was 10.4 per cent up whilst Home increased by 6.2 per cent.
Online sales for the five weeks were 44.3 per cent up on last year. Johnlewis.com now accounts for a quarter of the total John Lewis business.
The fourth week of the period (Sunday 16 December to Saturday 22 December inclusive) saw remarkable record sales of £157.8m, up 26.5 per cent on 2011 sales for the equivalent week and breaking through the £150m barrier for the first time.
The fifth week of the period (Sunday 23 December to Saturday 29 December inclusive) saw sales of £112.9m, up 11.5 per cent on sales for the equivalent week in 2011; a robust result with the highlight being a record day of £31.7m for the first day of Clearance on 27 December.
Andy Street, Managing Director of John Lewis, said: 'I am delighted that John Lewis has delivered record breaking sales figures over the Christmas period and the first five days of Clearance. In an economic climate which continues to be volatile, to have achieved these results is testimony to the strength of the John Lewis brand and the commitment of all our Partners to give outstanding service.
'The success of our online operation and our pre-eminence as an omni-channel retailer cannot be underestimated. Sales at johnlewis.com broke through the £800m milestone during December supported by an excellent performance from our Click and Collect facility which allows customers the flexibility to buy online and collect from John Lewis and Waitrose outlets.
'Above all, our success can be attributed to the inspiring and innovative products we offer our customers coupled with their trust that we will always provide the best quality and value and will always fulfil our "Never Knowingly Undersold" promise'.
Notes to editors
All figures in this release are Inc VAT.
The John Lewis Partnership - The John Lewis Partnership operates 39 John Lewis shops across the UK (30 department stores and nine John Lewis at home), johnlewis.com and 288 Waitrose supermarkets. The business has annual gross sales of over £8.7bn. It is the UK's largest example of worker co-ownership where all 81,000 staff are Partners in the business.
John Lewis - John Lewis, 'Britain's favourite electricals retailer 2012'* and 'Best Multichannel Retailer 2012' **, typically stocks more than 350,000 separate lines in its department stores. The website stocks over 200,000 products focused on the best of fashion, beauty, home and giftware and electrical items including online exclusives. johnlewis.com is consistently ranked one of the top online shopping destinations in the UK. (www.johnlewis.com). John Lewis Insurance offers a range of comprehensive insurance products - home, car, wedding and event, travel and pet insurance and life cover - delivering the usual values of expertise, trust and customer service expected from the John Lewis brand.
* Verdict Consumer Satisfaction Index, April 2012
** PayPal etail Awards 2012
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