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John Lewis posts 14.8% increase in 2012 Christmas sales

RBR Staff Writer Published 03 January 2013

UK-based department store chain John Lewis reported a 14.8% increase in sales to £684.8m for Christmas period as compared to the corresponding period of 2011.

The group's like-for-like sales for the five weeks ended 29 December 2012 were up 13%.

John Lewis noted that total sales rose 25.5% whilst like-for-like sales grew by 20.1% when compared to the returns in 2011.

John Lewis Managing Director Andy Street said, "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."

Online sales for the chain grew 44.3% and was the primary driver of the overall sales growth.

Proceeds from online sales peaked at £800m for the month, while overall sales in fourth week of the period (16 December to 22 December inclusive) jumped 26.5% to £157.8m.