
John Lewis, the employee-owned group seen as a barometer of retail spending, reported a plunge in weekly sales at its department stores Friday 24 April, hit by warm weather and the timing of Easter.
108 published items with the word (s) or phrase Insight in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
John Lewis, the employee-owned group seen as a barometer of retail spending, reported a plunge in weekly sales at its department stores Friday 24 April, hit by warm weather and the timing of Easter.
U.S. income tax refunds are arriving in the mail, but this year many cautious consumers are using the extra cash to pay down debt instead of splurging on consumer goods; from clothes to flat-screen televisions.
John Lewis Partnership JLP.UL, the employee-owned group seen as a barometer of retail spending, on Friday blamed the earlier fall of Easter last year and sunny weather for a sharp fall in sales.
Unprecedented pre-Christmas discounting by the country's store groups is helping to improve consumer confidence, a survey showed on Friday, but retailers remain gloomy about their prospects heading into 2009.
John Lewis Partnership, the employee-owned store chain seen as a barometer of the retail sector, said on Friday last week's sales at its 27 department stores fell 9.8 percent year on year.
Retailing is normally not for the faint of heart, but the current state of the industry is enough to make even the most time-tested veteran swoon.
Dow Chemical Co hiked prices on products used in everything from diapers to antifreeze. American Airlines wants $15 to check your luggage. Then there's $4 gasoline and those rising grocery bills.But for all the worr...