By John Glenday
Department store chain John Lewis has delivered a 4.8 per cent rise in like-for-like sales across the five weeks to Christmas, hitting £777m on the back of strong online growth and a successful advertising campaign starring Monty the penguin.
In-store sales were actually flat over the period but this was offset by a double digit rise in online sales of 19 per cent. Click and Collect is proving particularly popular with shoppers with more now opting to pick up in-store than home delivery.
The arrival of Black Friday to these shores also boosted the retailers bottom line as the 28 November Read full story ›
Source: The Drum