Retail sales rise in early week trade ahead of big freeze

first_img KCS-content Share whatsapp JOHN Lewis and Waitrose enjoyed near-record sales last week, despite the disruption of the snow.Waitrose admitted that sales were down on Saturday by 11 per cent, but a surge in spending earlier in the week more than made up for the effects of the weather.“From Monday onwards customers took the weather forecast seriously and brought forward their shopping to earlier in the week,” said Waitrose’s Mark Price.Overall the week’s sales were 25 per cent higher than at the same time in 2008.For the second week in a row, more than £120m was spent in John Lewis branches throughout the UK. Sales at the department store had never surpassed the £120m mark before this December.Shoppers made “heroic efforts” to get to the shops through the adverse weather conditions, John Lewis said.“As freezing conditions spread throughout the country, sales of outerwear, hats, scarves, gloves and earmuffs have seen unprecedented increases,” said director Andrew Murphy.Overall household spending has increased compared to last December, “despite bad weather conditions”, according to a Markit survey released today.However, the survey warns that households have increased debt levels to support their spending, as incomes have failed to keep up with rising inflation.Retailers hoping for a surge in expensive purchases prior to January’s VAT rise might also be disappointed. According to Markit almost 38 per cent of households reported a drop in their willingness to spend on big ticket items.Regional disparities are forecast to increase, the survey said, with sharp declines expected in areas most reliant on government spending. The North East saw the lowest intentions to buy big ticket items.UK house prices fell for the sixth straight month, the survey said. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comcenter_img whatsapp Retail sales rise in early week trade ahead of big freeze Sunday 19 December 2010 10:21 pm Show Comments ▼ Tags: NULLlast_img

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