John Lewis Has Made Outstanding Achievements In The Holiday Season.
In recent days, major department stores have begun to show their financial reports.
But when it comes to this financial report, it is really a couple of happy worries.
Especially in the first quarter of 2016, the major brands encountered more or less influences. This has also become a perfect excuse for every department store and brand to fight against bad performance.
However, John Lewis, Britain's largest chain corporation, recently released its earnings report, swept the UK retail industry as domestic apparel retailers were in the doldrums.
Holiday season
The haze formed by performance.
Online business
The strong growth pushed the impact on the line, leading the department store to record sales during the holiday season.
Charlie Mayfield, chairman of John Lewis Partnership PLC, parent company of John Lewis, said the success of the holiday season has shown that the group's significant investments in strengthening distribution and IT capabilities have been rewarded in the past few years.
John Lewis
The online sales of department stores accounted for 40% in the holiday season, a further increase from 36% in the same period last year.
In the first six weeks of January 2nd, John Lewis achieved a sales of 951 million 300 thousand pounds, an increase of 6.9% over the same period last year, mainly due to the best selling of clothing, household goods and technology products, while sales in the same store recorded an increase of 5.1%, which is even stronger than that of 4.6% in the same period last year.
What is more interesting is that the outstanding performance of department stores is that other retailers who complain about the weather are too warm to lose face.
Although sales of John Lewis entity department stores fell by 1.2% year-on-year, online sales rose 21.4%.
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