John Lewis continued to struggle with slowing sales in the latest week. On Tuesday the department stores and e-tail firm said that sales for the seven days to January 13 fell 3.8% year-on-year to £85.7 million.
UK e-tail giant Shop Direct had a strong Christmas period with revenue in the seven weeks to December 22 rising a healthy 6.3%, it said Tuesday. That was driven by its Very brand, which saw a 16.8% sales surge.
A last-minute surge in high street shopping in the week leading up to Christmas wasn't enough to rescue December trading. That’s the message from the latest BDO UK high street sales tracker that was released on Friday.
Next's Christmas trading update Wednesday painted a picture of a company that's recovering, but only very slowly, and one that still faces huge challenges, especially in driving growth at its physical stores.
In her first results announcement since taking over as CEO, The White Company chief executive Mary Homer reported sales growth and an operating profit rise at the UK-based company, although profit was only up by 2%.