John Lewis sees home sales dip
John Lewis saw home sales drop in the past week as promotions in 2016 proved too much to match.
The chain saw home sales drop by 5.5% in the week to 2 September.
Dino Rocos, John Lewis operations director said this was ‘in part due to annualising of price match promotions in the same week last year although strong performers included beds (up 4.7%), and outdoor living (up 8.5%).’
Home sales for the five week period were up 0.2%.
Total sales dropped by 0.5% to £87.1m.
‘Electricals and home technology had a strong week, up 2.8% with standout performances in Vision (up 5.8%) and Small Electricals (up 6.9%). Wearable Technology also had a strong week (up 52%), as did Apple, driven by strong MacBook sales.
‘Fashion sales were up 1% with a strong performance in Beauty (up 11.5%) within which perfume sales were a standout. Both John Lewis casual and formalwear performed well.’