UK retailer John Lewis reports fall in sales

British department store chain John Lewis today said trading conditions remained challenging after its second successive week of lower sales.

British department store chain John Lewis today said trading conditions remained challenging after its second successive week of lower sales.

The group reported a 1.4% drop in revenues for the seven days to last Saturday, following the 5.3% decline announced the previous week.

John Lewis enjoyed strong trading in July, but admitted the latest figures were a reminder 2009 remains “the most challenging of years for retailers”.

Meanwhile, the Waitrose side of the John Lewis Partnership continued to trade well after sales rose 10.4% to £80.3m (€92.8m) in the week. Recent industry figures put Waitrose’s market share at 3.9%, up from 3.7% in 2008.

The supermarket chain has benefited from the popularity of its Essentials range, which has attracted shoppers in the difficult trading environment.

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