• Most Popular
  • Most Shared

John Lewis posts record sales on 1st clearance day

Sun Dec 28, 2008 5:39pm EST

LONDON, Dec 28 (Reuters) - John Lewis [JLP.UL], the employee-owned group viewed as a bellwether of British retailing, said on Sunday the first day of its post-Christmas clearance sale produced record takings at its department stores.

Department store sales on Saturday were up 7 percent on the same day last year at 21.3 million pounds ($31.4 million), led by demand for home technology products and womenswear, it said.

"This is a remarkable result at any time and particularly so in this challenging economic climate," department stores Managing Director Andy Street said in a statement. (Reporting by Mark Potter)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets